Drive sustainably with Tesla and OCBC Eco-Care Car Loan
Enjoy this special package exclusively for Tesla Electric Vehicles (EV):
- Interest rate of 1.5% per annum (EIR 2.87% p.a. based on a 7-year loan tenure) with OCBC Eco-Care Car Loan
- Loan approval within 5 minutes
Only available with direct purchase from Tesla Motors Singapore Private Limited. T&Cs apply.
Get started online
Submit your interest for the OCBC Eco-Care loan for Tesla EVs or retrieve your pre-approved loan amount with Myinfo. Based on your approved loan amount, you will know the maximum car price you can afford, so that you can shop with confidence.
Purchase a Tesla EV
Make your purchase with Tesla directly and submit the car details to us. A loan invitation will be sent to you via SMS/Email; you may follow the instructions provided in the SMS/Email to proceed with the online application.
Complete online application
After completing the online application, a one-time Provisional Hire Purchase Agreement will be generated and available for you to download.
Collect your car
Tesla will arrange for you to collect your car when it is ready.
We will email you the Hire Purchase Agreement, indicating the monthly instalment amount and payment due date.
Begin monthly repayments
For your convenience, you may set up your payments via GIRO, mobile or internet banking.
Please note that application is subject to the bank's approval.
Take your experience further with Tesla
Get a firsthand experience of Tesla’s advanced technology. Schedule a test drive for the Tesla Model 3 or the new Model Y today.
Discover how you can make the switch to sustainable driving with confidence, supported by the OCBC Eco-Care Car Loan for Tesla vehicles – now with interest rates from 1.5%.
Eligibility requirements
Minimum age
21 years old
Nationality
Singaporeans, Singapore PRs and foreigners
Fees
Late fee
S$80
Full settlement penalty
1% on outstanding loan amount
Interest rebate clawback
20% on interest rebate (rule 78 computation)
Additional information
- Online loan approval and usage are only applicable for applications via Myinfo. Please note delays or non-approvals of applications may occur for various reasons.
- Please note that OCBC Car Loan does not currently finance private hire vehicle, or commercial vehicle.
- Please note that the OCBC Eco-Care Car Loan Base Package is only available for direct purchase from Tesla.
Apply for Eco-Care Car Loan
or find out more about OCBC Car Loan today.
Sign up for the promotion online
- If you have Internet Banking, login here
- If you do not have Internet Banking, register here
Note:
New customers can apply for an OCBC Bonus+ Savings account online with MyInfo, and then register their participation online.
New customers who do not have My Info or are foreigners can visit any OCBC Bank branch to open their accounts.
For OCBC Premier Banking customers, get in touch with us or find a Premier Banking Centre to open an OCBC Premier Dividend+ Savings Account or register for the promotion.
Fresh funds must be transferred from a non-OCBC bank account within 3 calendar days from the date of registration.
- Proof of residential address (if different from NRIC)
- Scanned copy of NRIC or FIN or passport (front and back)
- Last 12 months CPF contribution assessment
- Latest notice of assessment from IRAS
- Past payslips (if available)