Green Energy Loan

Isn't it great to know that your decisions can help the planet and, at the same time, save you money? Our Green Energy Loan makes it easier for you to go green and buy products like photovoltaic systems, solar heaters, double or triple glazing and energy efficient appliances.

How it works

Finance your green projects by borrowing up to 100% of the amount if it is between €1,000 and €40,000.

Benefits

  • Lower monthly repayments by spreading the loan over a period of up to 10 years.
  • Interest rates as follows (available until end of June 2019):
    • a variable interest rate of 4.85% p.a. (APRC 5.09%), made up of the Bank's Base Rate and spread of 2.35% p.a. in the case of an unsecured Personal Loan
    • a variable interest rate of 3.99% p.a. (APRC 4.18%), made up of  the Bank's Base Rate and spread of 1.49% p.a. in the case of a secured Personal Loan.

An unsecured Personal Loan representative example consists of a loan of €20,000 repayable over 7 years with a variable interest rate of 4.85% p.a. The loan will be repayable in 84 monthly instalments of €281.90, totalling €23,719.79 in addition to a €40 processing fee. The applicable Annual Percentage Rate is 5.09%.

A secured Personal Loan representative example consists of a loan of €20,000 repayable over 7 years with a variable interest rate of 3.99% p.a. The loan will be repayable in 84 monthly instalments of €273.79, totalling €23,038.73 in addition to a €40 processing fee. The applicable Annual Percentage Rate is 4.18%.

Come talk to us

If you're interested in getting a Green Energy Loan, visit us at your preferred BNF Bank branch, and bring with you:

  • Your ID Card
  • Evidence of income:
    • Last year's FS3 and the last 3 months' payslips OR
    • If you're self-employed, the last 3 years' Income Tax Return, including the Profit and Loss Account
  • Bank statements of all your accounts held with other banks
  • Evidence of the green product you want to buy, such as a pro-forma invoice.

We're ready to listen.

Terms and conditions apply. The offer does not apply in conjunction with any other offer on the same product and in such a case the better offer applies. The loan is subject to the Bank's lending criteria. The Bank reserves the right to amend or withdraw this loan product from the market at any time, at its sole and absolute discretion and without any prior notice.

BNF Bank plc is a credit institution licensed to undertake the business of banking by the MFSA in terms of the Banking Act 1994. Registered in Malta C41030 - 203, Level 2, Rue D'Argens, Gzira, GZR1368, Malta.

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BNF Bank plc is a credit institution licensed by the MFSA to undertake
the business of banking in terms of the Banking Act 1994.