Green Loan
An unsecured personal loan that can be used to finance the purchase of approved environmentally friendly products.
Category: Personal Loans Last Updated January 8, 2024 Effective December 18, 2024
General Lending Rates
Rates listed below are for a VARIABLE P&I product. Additional Information
Interest Rate
7.15% PA
7.15% PA
Comparison Rate
8.06%PA*
8.06%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
- Other
Product Eligibility
- Min Age - 18.
- Residency Status - Individuals Must Be Citizens Or Permanent Residents Of Australia..
- Employment Status - Applicants Must Be Currently Employed Or Receiving A Regular Income. Self Employed Clients Should Contact The Bank Prior To Applying.
- Natural Person
- Other Additional Information: Eligible Loan Purposes: Purchase of Energy, Hot Water, Battery Storage, Insulation, Energy Efficient Cooling/Heating, Water Capture & Recycling, 5-star rated or higher household appliances.
Bank Fees and Charges
- Loan Service Fee - Personal, Green & Car Loans (Periodic), Amount: 10.00.
- Default Notice Fee (Event), Amount: 30.00. Additional Information: Payable when a notice is issued regarding a default under the contract
- Arrears Notice Fee (Event), Amount: 20.00. Additional Information: 2nd and subsequent reminders by letter or phone
- Paper Statement Fee (per Statement) (Periodic), Amount: 2.00.
- Copies Of Statements (up To 12 Months) At Branch (Event), Amount: 2.50.
- Audit Certificate Fee (Event), Amount: 50.00. Additional Information: Per audit certificate requested
- Processing And Switch Fee - Green Loans (Upfront), Amount: 150.00.
- Copies Of Statements (over 12 Months) At Branch Or Posted (Event), Amount: 5.00. Additional Information: per page
- Copies Of Statement (up To 12 Months) Posted (Event), Amount: 1.00. Additional Information: per page
Limitations & Restrictions (Constraints)
- Min Limit of 4000.00
- Max Limit of 75000.00
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