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Our low rate EV loan for fully electric cars.
Emissions from private passenger cars make up 62% of Australia’s transport emissions, so by choosing an EV, you're helping to lower emissions and protect our world.
The Electric Vehicle Loan is our way of saying thanks on behalf of the planet. We want to reward you for choosing an EV (electric vehicle) by offering a green car loan with a lower interest rate and no fees.
This green car loan is for buying a fully electric vehicle or refinancing an existing loan for a fully electric vehicle.
We classify fully electric vehicles as vehicles without internal combustion engines, which excludes plug-in hybrid and regenerative hybrid.
The EV could be a car or motorbike.
Your EV can be brand new, with maximum loan term of 7 years, or up to 7 years old if used, with a maximum loan term of 5 years.
Is this product right for you? Find out more
As long as the car you buy is a fully electric vehicle (EV), we’ll waive the $150 establishment fee and apply the EV reduced interest rate.
The interest rate is fixed for the life of the loan – there are never any repayment surprises.
Set up monthly, weekly or fortnightly repayments – whatever works for your budget cycle.
You can pay extra whenever you like without penalty. You can even pay your green car loan off early.
Take control of your budget with the certainty of regular repayments.
Know that driving your vehicle doesn't generate emissions, and that your loan is with an ethical bank.
See what your repayments could be with our fixed rate hybrid and electric Car Loan.
Here’s what to expect with our Electric Vehicle Loan:
It pays to know. Read the Car Loan Target Market Determination and this fact sheet to help you decide if this loan is right for you. See all rates and fees.
GENERAL ADVICE
CAR LOAN
*Comparison rate: The Comparison Rate is based on a secured loan of $30,000 for 5 years. Additional fees and charges may be applicable. WARNING: This comparison rate is true only for the example given and may not include all fees and charges.
