Green Loan

Green Loans is a scheme subsidised by the Australian Government to assist homeowners to improve home sustainability.

Improvements include installing such items as solar electricity panels, solar hot water and rainwater tanks.

3 steps are required

  • Book a home sustainability assessment.
  • Receive your tailored home sustainability report
    at no cost.
  • Choose your home sustainability actions and apply for a Green Loan.

With your assessment report in hand, you can make water and energy saving changes as simple or as large scale as you like. Your sustainable home assessment report is the first step to qualifying for an interest free green loan of up to $10,000.

Only one Green Loan can be provided per assessment report but the loan can support many individual actions.

At this stage, you can register your interest in the program by calling 1800 895 076 or visiting www.environment.gov.au/greenloans.

By registering your interest, you'll be the first to know when you can register, as well as receiving regular updates.

Key points

  • Maximum loan amount for an individual borrower $10,000
  • Minimum loan amount $1,000
  • Maximum term of loan 4 years
  • No account keeping fees
  • Additional repayments can be made for any amount, anytime

How to apply for a Green Loan once you have the sustainability report

  • Using the online application service in our Internet Banking site
  • Downloading an application form by using the Forms & Publications link below
  • Calling a Loans Consultant on 8202 7600 or from country SA on 1800 182 011
  • Visiting a branch

 

Satisfac Green Loans are available for existing members and new members residing in South Australia.

 

 

 

 - Green Loan

Green Loan - Rates

Category

Nominal %pa

Comparison %pa

Subsidised by Aust. Government Nil Nil

Notes:
Interest is calculated on a daily basis.
This offer is limited and may be withdrawn at anytime. Normal lending criteria, fees and charges all apply. Terms and Conditions are available upon request.