Personal Loan

General Details

Green Loan

What can a member specifically use a green loan for? • Energy: Solar panels and systems, photo voltaic (PV) panels and systems, wind turbines and micro hydro systems [all domestic purpose only]. • Hot Water: Solar hot water systems, solar pool heater and energy efficient instantaneous hot water systems. • Battery Storage • Insulation: Roof & wall insulation and certified double or triple glazing for windows. • Energy Efficient Cooling / Heating: External awnings; split system, evaporative cooler or high star rated, zoned air conditioner; gas, solar, hydronic or reverse cycle air conditions with a min 5-star rating; highly efficient electric heaters or solar, hydronic or heat pump system (min 5 from 6 or 6 from 10 stars); and home ventilation systems. • Water Capture & Recycling: Rainwater tanks, water pumps, grey or black-water treatment systems. • Household: Energy efficient whitegoods and appliances (min 5 from 6 or 6 from 10 stars), water efficient whitegoods and appliances (min 5 from 6 stars), light emitting diode (LED) lighting, other energy efficient lighting, Tesla Power Wall and solar appliances.

Loan Details

Loan Type
FullyDrawnAdvance  
Permitted Purposes of Loan
Loan Purpose: Energy, Hot Water, Battery Storage, Insulation, Energy Efficient Cooling/Heating, Water Capture & Recycling, 5-star rated or higher household appliances.  
Repayment Type
Principal & Interest  
Min. Loan Amount
$4,000.00  
Max. Loan Amount
$40,000.00  
Min. Loan Term
1 years  
Max. Loan Term
7 years  
Available As Car Loan
Car Type
Security Type
None  

Fees

Application Fee
$150.00  
-  
-  
-  
$0.00  
 
-  
$10.00  
-  
-  
Interest Rates

Listed Rates

4.15% 
4.15%  
4.15%  
0.00% 
0.00%  
0.00%  
0.00%  
0.00%  
0.00% 
0.00%  

Comparison Rates*

5.09% 
0.00% 
0.00% 
0.00% 
0.00% 
0.00% 
0.00% 
0.00%  

Green Loan

What can a member specifically use a green loan for? • Energy: Solar panels and systems, photo voltaic (PV) panels and systems, wind turbines and micro hydro systems [all domestic purpose only]. • Hot Water: Solar hot water systems, solar pool heater and energy efficient instantaneous hot water systems. • Battery Storage • Insulation: Roof & wall insulation and certified double or triple glazing for windows. • Energy Efficient Cooling / Heating: External awnings; split system, evaporative cooler or high star rated, zoned air conditioner; gas, solar, hydronic or reverse cycle air conditions with a min 5-star rating; highly efficient electric heaters or solar, hydronic or heat pump system (min 5 from 6 or 6 from 10 stars); and home ventilation systems. • Water Capture & Recycling: Rainwater tanks, water pumps, grey or black-water treatment systems. • Household: Energy efficient whitegoods and appliances (min 5 from 6 or 6 from 10 stars), water efficient whitegoods and appliances (min 5 from 6 stars), light emitting diode (LED) lighting, other energy efficient lighting, Tesla Power Wall and solar appliances.

More Information

Loan Type FullyDrawnAdvance
Permitted Purposes of Loan Loan Purpose: Energy, Hot Water, Battery Storage, Insulation, Energy Efficient Cooling/Heating, Water Capture & Recycling, 5-star rated or higher household appliances.
Repayment Type Principal & Interest
Min. Loan Amount $4,000.00
Max. Loan Amount $40,000.00
Min. Loan Term 1
Max. Loan Term 7
Available As Car Loan
Car Type
Security Type None
Application Fee $150.00
Min. Entry Fee -
Max. Entry Fee -
Credit Line Fee -
Arrears Fee $0.00
Arrears Charged
Transaction Fees -
Monthly Service Fee $10.00
Exit Fee -
Early Termination Fee -
Fee Notes
Variable 4.15% 
Minimum 4.15% 
Maximum 4.15% 
1 Year Fixed 0.00% 
2 Year Fixed 0.00%  
3 Year Fixed 0.00%  
4 Year Fixed 0.00%  
5 Year Fixed 0.00%  
6 Year Fixed 0.00% 
7 Year Fixed 0.00%  
Variable Comparison 5.09% 
1 Year Fixed Comparison 0.00% 
2 Year Fixed Comparison 0.00% 
3 Year Fixed Comparison 0.00% 
4 Year Fixed Comparison 0.00% 
5 Year Fixed Comparison 0.00% 
6 Year Fixed Comparison 0.00% 
7 Year Fixed Comparison 0.00% 

*The comparison rates in this table are based on a loan of $30,000 and a term of 5 years unless otherwise indicated in the product name with^, in which case, the comparison rate is based on a loan of $10,000 and a term of 3 years. The comparison rates are for unsecured personal loans only for the relevant amounts and terms. The comparison rates for car loans and secured personal loans are for secured loans unless indicated otherwise. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.