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OCBC promotion: Eco-Care Car Loan for Tesla EVs: 1.5% p.a.

Eco-Care Car Loan for Tesla EVs: 1.5% p.a.

1.5% p.a.

Loan rate offer: 1.5% p.a. (EIR 2.87% p.a., 7-year tenure)

OCBC's Eco-Care Car Loan package for Tesla electric cars bought directly from Tesla Singapore charges 1.5% a year (EIR 2.87% over 7 years), with approval in about 5 minutes.

View the promotion· ocbc.com ↗

When
Ongoing since 10 NovNo end date
Where
Online only · order at ocbc.com ↗

Deal details

Package

  • Interest rate 1.5% p.a. (EIR 2.87% p.a. on a 7-year loan)
  • Loan approval within 5 minutes
  • Only for Tesla EVs bought directly from Tesla Motors Singapore Private Limited

How it works

  • Submit interest or get a pre-approved amount online with Myinfo
  • Buy the car from Tesla and submit the car details; OCBC sends a loan invitation by SMS or email
  • Complete the online application; Tesla arranges car collection
  • Repay monthly by GIRO, mobile or internet banking

Good to know

  • Singaporeans, PRs and foreigners aged 21+
  • Late fee S$80; full settlement penalty 1% of the outstanding loan; interest rebate clawback 20% (rule 78)
  • No end date on the page

Summarised from ocbc.com.

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Conditions

Only for direct purchases from Tesla Motors Singapore; age 21+; apply with Myinfo; subject to approval.

Source: ocbc.com ↗

Picture: © OCBC, from ocbc.com. Your picture? Ask us to remove it

Some details (such as dates) were not stated clearly at the source.

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