Eco-friendly vehicle loan rebate
A vehicle loan with a cash rebate of up to CAD 1,500 for individuals buying an electric or hybrid vehicle no more than five years old.
Tämän rahoitusmahdollisuuden kuvaus on toistaiseksi englanniksi.
Borrow to buy an electric or hybrid vehicle and repay the loan with interest. The cash rebate is 2.5% of your vehicle loan amount, rising to 3% if you have an NLCU chequing account and a direct deposit with NLCU. Either rebate is capped at CAD 1,500 and is subject to NLCU’s terms.
NLCU does not cap the loan amount. Your repayment schedule must spread the loan over at least three years, with up to eight years to repay. Flexible repayment schedules are available, and NLCU’s dedicated offer page states that extra payments carry no penalty.
Eligibility
- The vehicle must be hybrid or electric and no more than five years old.
- This is borrowing subject to NLCU’s approval and terms; the rebate is not an automatic entitlement.
- NLCU membership is open to Canadian residents. Members must keep CAD 100, representing 20 shares, in a share account. These shares are refundable when membership is cancelled.
- For the higher 3% rebate, you must have both an NLCU chequing account and a direct deposit with NLCU.
How to apply
- Tila
- Jatkuva haku
- Hakukierroksen ehdot
- Loan approval and NLCU terms apply.
Call NLCU on 1-800-563-3300 or visit an NLCU branch to apply for the vehicle loan. NLCU’s contact page also provides a form for a member of its team to follow up.