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With the Australian Military Bank’s Green Loan, you can make a range of low-emission purchases or make your home greener with solar energy additions, insulation, energy-efficient cooling and heating and battery storage. Loan amounts range from $4,000 up to $40,000 and come with terms from 1 to 7 years. This personal loan can only be used for green purposes and energy-efficient home products and renovations. It is not applicable for hybrid cars. The interest rate for this loan starts at 4.15% p.a., with a 5.09% p.a. comparison rate. The application fee is $150, while the monthly fee is $10.
4.15% (variable)
Interest Rate (p.a.)
5.09%
Comparison Rate (p.a.)
$4,000
Min Loan Amount
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Product Name | Australian Military Bank Green Loan |
---|---|
Interest Rate (p.a.) | 4.15% (variable) |
Comparison Rate (p.a.) | 5.09% |
Interest Rate Type | Variable |
Min Loan Amount | $4,000 |
Max. Loan Amount | $40,000 |
Loan Security | Unsecured |
Australian Military Bank is offering a new Green Loan from $4,000 to $40,000. This loan can be used for a number of lower-emission purchases and home renovations such as solar energy additions, insulation, energy-efficient cooling and heating, water capture/recycling and battery storage.
The green loan is an unsecured personal loan offering with a repayment term from one to seven years. Australian Military Bank offers a flexible repayment schedule with this product, as well as no penalty fees for extra repayments.
There are a number of features that can be expected with this green loan. These are:
There are a number of costs associated with this loan. These include:
To apply for this loan, simply click "Go to site" and submit an application form with the lender directly. However, before submitting an application, make sure that you meet the following eligibility criteria. You must be:
You will also need the following documentation on hand:
If you're unsure about your eligibility to this loan and/or you would like to apply for an Australian Military Bank Green Loan, you can click "Go to site" and contact the lender directly. Be aware that loan rejections could harm your credit score, so only apply for loans that you are confident that you qualify for.
It is always a good idea to compare different green loans thoroughly prior to submitting an application in order to find a loan that suits your personal circumstances best.