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Do you want to save the planet, whilst saving money? While that may be somewhat of a tall order, there are financial products that may be able to give Australians the power to minimise their carbon footprint and potentially cut down on their energy bills, at a competitive rate. The Australian Military Bank currently offers one of these products in the form of their Green Loan.
With loan offerings available up to $40,000 and loan terms of up to $40,000; if you're looking to give your home an eco-friendly update, a Green Loan from the Australian Military Bank could be the way to go.
3.65% (variable)
Interest Rate (p.a.)
4.59%
Comparison Rate (p.a.)
$4,000
Min Loan Amount
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Product Name | Australian Military Bank Green Loan |
---|---|
Interest Rate (p.a.) | 3.65% (variable) |
Comparison Rate (p.a.) | 4.59% |
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.