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Green Auto Loan

Green Auto Loan

Drive your new electric or hybrid car with a Green Auto Loan

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Loan Features

A greener loan for those who care

If you prefer working towards a greener planet, you can now pick your favourite ride from a variety of electric and hybrid vehicles, available from any of the dealerships in UAE.

Interest rates* starting from

2.05%

2.05% (salaried) to
3.45% (business)
flat rate p.a.

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Minimal formalities

Maximum speed
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Discount on Auto Insurance

Because you need it
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Flexible repayment options

Up to 60 months
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ELIGIBILITY & FEES

You’re closer to your ideal loan than you think

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Requirements:

  • Salaried individuals, pensioners, banking or non-banking customers, with or without salary transfer to the bank and self-employed individuals with a valid UAE visa
  • Business entities in the UAE (at least 1 year in business)
  • Electric or hybrid vehicles and must be purchased from a dealership based within UAE.
  • Minimum income required for salaried individuals: 5,000/month

Upgrade your experience

Green Personal Loan

Green Personal Loan

Green Home Loan

Green Home Loan

FAQs

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Not sure about something? Check our frequently asked questions to find what you’re looking for.

RAKBANK App

Bank on the go anytime, anywhere

Discover the RAKBANK App and enjoy cutting-edge Digital Banking services at your fingertips. Seamlessly manage your accounts, conduct secure transactions, and enjoy a range of innovative features – all in one user-friendly platform.

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