Maybank Offers Competitive EV Financing And Insurance Package For Tesla Buyers

Maybank among key EV financing partners for Tesla offers potential buyers preferential and competitive financing rates as well as flexible repayment options, with up to 90% financing through its EV Financing.

The streamlined application process provides prospective Tesla buyers with an integrated automobile financing offering insurance/takaful coverage and other benefits. The EV Financing offers a swift one-day approval with a dedicated auto
sales team, personally attending to each customer. Upon making the purchase for their Tesla online, buyers can opt for Maybank’s EV financing, ensuring seamless and convenient process from start to end.

First 100 Tesla buyers under Maybank’s integrated auto-financing stand a chance to receive an initial investment worth RM500 through Maybank Islamic’s Gold Account (MIGA-i).

In addition to Etiqa’s Basic Motor Package, Tesla Ensure policy and certificate holders will receive complimentary coverage. This includes EV Home Charger coverage which provides reimbursements of up to RM12,000 to replace or repair the EV home chargers due to loss or damage, a one-time Special Relief Allowance due to total loss and theft, Driver-only Personal Accident Coverage, Flood Relief Allowance and Compassionate Benefits.

Etiqa has also launched the first in the market portable charging cable coverage, as part of optional add-ons which offers coverage for theft, fire and accidental damage up to a limit of RM2,000. Other optional add-ons available under the Tesla Ensure coverage plan includes key care cover, unlimited towing mileage, inclusion of special perils and windscreen glass cover.

In the Group’s mission to provide a holistic solution for its customers that goes beyond banking, Maybank Islamic established a partnership with ParkEasy to extend value-add benefits to the EV and hybrid car owners such as access to ParkEasy’s 1,200 EV chargingbays nationwide at 30% discounted rates. Through ParkEasy’s app, InCharge, Maybank Islamic also provides InCharge credits totalling of up to RM500 for EV Islamic financing
amount of RM250,000 and above.

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