Security Bank Corp. announced on Monday that it is enhancing its auto loan offerings and positioning itself as one of Tesla’s preferred financing providers in the Philippines. The collaboration aims to make owning the electric vehicle (EV) a more accessible and seamless experience for Filipinos.
The bank now offers auto loans specifically for Tesla models, with flexible financing options tailored to meet the needs of prospective buyers. Customers can benefit from a low 20 percent down payment requirement and loan terms ranging from 12 to 60 months, making it easier to acquire a Tesla and contribute to a greener future.
Rahul Rasal, EVP and retail banking segment head at Security Bank, emphasized the bank’s commitment to both customer-centricity and sustainability. “At Security Bank, we are fully geared to accept auto loan applications with Tesla to make sustainable, innovative transportation more accessible to Filipinos,” Rasal said. “We’re excited to help our customers drive their dream car and be part of a smarter, greener future.”
Loan applicants can visit the Tesla BGC Experience Center at Retail 25 Uptown Parade in Bonifacio Global City, Taguig, to explore the latest Tesla models and learn more about financing options available through Security Bank.
This collaboration underscores Security Bank’s focus on offering innovative, sustainable financial solutions while enhancing the overall customer experience.
