Make a positive impact on the environment
- We finance your green projects up to Rs 6,000,000 for up to 8 years with the unsecured loan for hybrid or electric cars
- With this loan, you can get finance for:
- Hybrid/electric car
- Photovoltaic panel/s
- Rainwater harvesting equipment
- Solar water heater
- The loan offers convenient and flexible repayment terms:
- Up to 10 years with the unsecured loan for green projects
- Up to 8 years with the unsecured loan for hybrid or electric car
- If you apply for the Absa Unsecured Car Loan for a hybrid or electric car and opt to take your motor insurance from Absa, you may be eligible for a discount on your insurance premium and/or interest rate
Terms and conditions apply and loan approval is subject to credit assessment
Documents required to apply
- Proof of ID i.e. national identity card, valid passport
- Latest payslip (in case you receive variable income, e.g. monthly commissions, then we shall need your 12 months’ payslips)
- Utility bill (no older than three months) that is in your name
- Birth or marriage certificate (where applicable)
- Last 3 months' bank statement, where your salary is being credited
- If you have been with your current employer 6 months or less, letter confirming permanent employment.
- Contract of employment if you are working under contract
- Pro forma invoice/quotation from green equipment supplier or car dealer
All documents are required in their original form. The list of required documents mentioned above is indicative only. The bank may at any time request additional documents or information to process your application(s).
