When Telsa revealed the pricing of Model Y in Malaysia on 14 July, the company also noted that it is working with two local banks to provide financing for the EV. One of them is Maybank which does not come as a surprise given its status as the largest bank in the country.
Furthermore, Maybank already has an integrated financial solution crafted specifically for EVs that was launched in March this year. Under this solution, not only that customers can able to obtain financing for their EVs but also insurance coverage for home chargers and cashback or discounts for ParkEasy public charging stations through the InCharge membership scheme.
However, the bank via its insurance arm Etiqa did come out with something extra specifically for Tesla customers in the form of the Tesla Ensure coverage plan. Available to Tesla customers that sign up for Etiqa Motor Insurance or Takaful, the plan provides Personal Accident Coverage of up to RM18,000 to the driver.
There is also a one-time Special Relief Allowance due to total loss or theft of RM1,500 while the plan also includes Flood Relief Allowance and Compassionate Benefit of RM1,500 and RM1,000 respectively. On top of that, customers can also opt for additional adds-on such as key care cover, unlimited towing mileage, and special perils & windscreen glass cover.
Do note that all the benefits mentioned above are only applicable to customers that purchased their Model Y through Tesla Malaysia’s official website. Meanwhile, Maybank is also giving away RM500 worth of gold for the Maybank Islamic Gold Account-I to the first 100 Maybank Private and Maybank Premier customers that choose Maybank EV Financing to buy a Tesla.
You can learn more about Maybank’s offerings for Tesla customers right here. While you are at it, don’t forget to check out our quick look at Tesla Model Y during its Pavilion KL launch:
You can still have a hands-on experience with the Tesla Model Y as the EV is still on display at Pavilion KL as we speak and will remain there until the end of this month.
