Now, the scheme includes used EVs aged up to 10 years old, along with new EVs and used EVs under three years old.
Oversea-Chinese Banking Corporation (OCBC) (SGX:O39) has expanded the range of electric vehicles (EVs) that can be financed under its eco-care car loans scheme.
The loan provides an additional incentive for customers with a preferential interest rate of 2.48% per annum (p.a.), which is 0.3% lower than the loans offered for internal combustion engine (ICE) cars.

