Financing · Ecobank Group
Vehicle Financing
Drive electric from GH₵ 5,257/month
Own a DriveEV electric vehicle without paying the full price upfront. Our Ecobank financing partnership turns any EV in our catalogue into an affordable monthly payment.
Adjust your down payment and repayment period below to see your exact instalment, total interest and repayment schedule — instantly.
EV Financing Calculator
Real Ecobank rates. Pick a vehicle and see what you would pay.
Full customer quote — 1.50% facility fee, 1.68% insurance, BoG-compliant APR.
Estimated Monthly Payment
GH₵ 10,327.98
84 monthly payments · Ecobank Ghana PLC
Loan amount
GH₵ 567,722.00
Amount you receive
GH₵ 549,668.44
fees deducted at drawdown
Interest rate p.a.
13.00%
APR
13.78%
BoG Annex-1 method
Total interest
GH₵ 299,828.02
Final payment
GH₵ 10,327.68
Charges
Enter your salary under “Check if I qualify” to see your affordability (DIR) and the maximum you qualify for.
Indicative only — not an offer of credit. Rate 13.00%, fees deducted at drawdown. Final terms are set out in your Ecobank pre-agreement statement.
Indicative only. Not an offer of credit. Subject to Ecobank Ghana's credit assessment and approval. Rates, fees and exchange rates are subject to change. The APR shown uses the bank's average-balance method and is displayed alongside the monthly payment and total cost of credit.
How Financing Works
Choose your EV
Pick any vehicle from our catalogue — the price is pulled in automatically.
Get an instant quote
See your monthly payment, total interest, APR and full repayment schedule in real time.
Apply with Ecobank
Submit your details and our finance team completes the application with the bank.
Our Financing Partner
Financed in Partnership with Ecobank
DriveEV works with Ecobank Group to offer competitive vehicle financing for personal and business buyers across Ghana.
Eligibility
- Valid Ghana Card / national ID
- Proof of steady income (payslips or bank statements)
- Minimum 6 months in current employment or business
- Debt-to-income ratio within Ecobank's 50% limit
Required Documents
- Completed application form
- 3–6 months bank statements
- Recent payslips or audited accounts
- Proof of residence
- Ghana Card & passport photo
Regulatory Disclosure
Ecobank Ghana PLC is licensed by the Bank of Ghana.
Lender
Ecobank Ghana PLC
Credit type
Vehicle asset finance (auto loan)
Average current APR
13.78%
Registered address
Ecobank Ghana, 2 Morocco Lane, off Independence Avenue, Accra
Quote validity
Each quote is valid for 5 working days from issue. Request a fresh quote after that — rates and exchange rates change.
Cooling-off period
You may cancel within 5 working days of signing. Any cancellation fee is capped at 0.25% of the principal, and is void if cancellation was caused by improper disclosure.
Early settlement
Settle early with 20 working days’ notice. Any early-settlement charge is capped at 0.25% of the principal; interest accrues only to the settlement date.
Other charges
Late-payment, document-replacement and cancellation charges (if any) are set out in your pre-agreement statement. Charges not disclosed before signing are void and refundable.
Complaints & recourse
DriveEV Ghana — finance@driveevgh.com · +233 20 123 4567. Credit assessment, approval and the binding pre-agreement statement are issued by Ecobank Ghana PLC.
Indicative only. Not an offer of credit. Subject to Ecobank Ghana's credit assessment and approval. Rates, fees and exchange rates are subject to change. The APR shown uses the bank's average-balance method and is displayed alongside the monthly payment and total cost of credit.