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Green Car Loan

Switch to an eco-friendly electric car with Tesla and FAB.

  • AED 7,000 minimum monthly salary
  • Loan available for new and pre-owned cars

Warning

  • You may have to pay penalties if you pay off a loan/financing early
  • If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
  • Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more In interest/profit

Features for UAE Nationals

Benefit from an interest rate of 2.99% (equivalent to a reducing rate of 5.62%) for new and previously owned Tesla cars

Features for Expatriates

Benefit from an interest rate of 3.09% (equivalent to a reducing rate of 5.80%) for new Tesla cars

Benefit from an interest rate of 3.04% (equivalent to a reducing rate of 5.71%) for previously owned Tesla cars

Required Documents - This is what we'll need

  • Vehicle quotation
  • OR
  • UAE driving license
  • OR
  • Bank statements (where applicable)
  • OR
  • Salary certificate addressed to FAB (where applicable)
  • OR
  • Auto-loan application completed and signed by the customer
  • OR
  • Copy of a valid passport/resident visa/Emirates ID(Originals must also be presented)
  • OR

Ready to apply?

TALK TO US

You can contact us with the contact below

We are currently experiencing higher call volumes than usual. We encourage you to use the FAB Mobile application and check our Frequently Asked Questions (FAQs) page.

For customer calling from UAE Ratibi Service from UAE
600 52 5500 600 52 2298

For customer calling from outside UAE Ratibi Service from outside UAE
+971 2 681 1511 +971 2 499 6279