Meet HSBC’s Electric Vehicle loan and easily get your dream-electric vehicle with monthly 3.85% interest rate* and with maturity options up to 48 months**.
- Car loan for electric and plug-in hybrid*** vehicles with monthly 3.85% interest rate* and maximum 48 months maturity**.
- Electric Vehicle Loan without any guarantor and with vehicle pledge
- For 0km electric or plug-in hybrid vehicle purchases, invoice amount’s, for 2nd hand vehicles**** car insurance value’s 70% finance up to 400.000 TL, 50% finance between 400.001 TL and 800.000 TL, 30% finance between 800.001 TL and 1.200.000 TL, 20% finance between 1.200.001 TL and 2.000.000 TL
- Upon your request, you can be insured against Death and Total & Permanent Disability risks and your loan debt is collateralized at the time the risks occurred with Credit Life Insurance*****. You can also add optional unemployment coverage to your policy and benefit from this coverage within the limits stated on the policy. If you make your premium payment from HSBC Credit Card, you can benefit from the advantage of 9 instalments.
*The campaign is valid until 30.11.2023 and includes only vehicle pledged car loans for 0km and second hand electric or plug-in hybrid vehicles for individual purposes. HSBC Bank A.Ş reserves the right to evaluate and re-evaluate the loan, change the terms & conditions of the campaign. The campaign is not a “linked loan”. The campaign is valid for 0km vehicles to be sold and invoiced from brand’s authorized distributor / dealers in Turkey, and for second hand vehicles during the initial registration of the vehicle the invoice should be prepared/done by the brand’s authorized distributor / dealers in Turkey. In order for the applications to be evaluated by our Bank, the relevant invoices must be submitted as required documentation during loan application.
**The maximum car loan maturity varies according to the invoice or insurance value of the vehicle. If this value is four hundred thousand Turkish Liras or less, the maximum maturity is forty-eight months, and for car loans with a vehicle value above four hundred thousand Turkish liras and not exceeding eight hundred thousand Turkish liras the maximum maturity is thirty-six months, for car loans with a vehicle value over eight hundred thousand Turkish Liras but not over one million two hundred thousand Turkish Liras the maximum maturity is twenty-four months, for car loans with a value above one million two hundred thousand Turkish Liras and not over two million Turkish Liras the maximum maturity is twelve months. Car loans with a vehicle value of more than two million Turkish Liras are not provided.
***Mild-hybrid vehicles are not within the scope of the Electric Vehicle Loan campaign. You can contact our branches for campaign details on mild-hybrid vehicles.
****For electric vehicle loan to be used for the purchase of second hand vehicles, age of the vehicle has to be less than or equal to 7 years. The total of the age of the vehicle and the number of years as applied for loan maturity cannot exceed 9 years, within the limit of maximum maturity offered by Bank.
*****Credit Life Insurance is provided to the Turkish Speaking Customers only. The provider is Allianz Hayat ve Emeklilik A.Ş. and HSBC Bank A.Ş is the agency of Allianz Hayat ve Emeklilik A.Ş.