What is an Electric Vehicle Loan?
Save up to $200 when you apply online
Negotiation fee of up to $200 waived when you apply for an Electric Vehicle Loan online.
Why get an Electric Vehicle Loan?
- Competitive interest rate and long repayment termsBorrow for up to 7 years - our longest available term on an unsecured loan.
- 100% financingEnjoy no money down on the full amount of your loan.
- Save up to $200 when you apply onlineApply for an HSBC Electric Vehicle Loan using online banking and get up to $200 in negotiation fees waived.
- Make extra payments at any time, free of chargeYou have the flexibility to overpay, which could reduce the amount of interest you pay.
Loan type, maximum term and interest rate
|Loan type||Maximum term||Repayment||Rate|
|Unsecured||7 years||Principal and interest||6.50%|
|Maximum term||7 years|
|Repayment||Principal and interest|
Things you should know
Who can apply?
How to apply
Frequently asked questions
What is an Electric Vehicle Loan and what can I spend it on?
Will I need to provide documentation to support my application?
How do I make payments on my loan?
Can I make extra payments or pay off my loan early?
Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.