Solar and home energy equipment loan

• You need an active Swedbank account.
• If you borrow alone, your monthly income after tax must be at least €600. With a co-borrower, combined family income after tax must be at least €1,000. The income required depends on the loan amount, and must be higher if you have dependents.
• You must have earned steady income for at least six consecutive months, and your probation period must have ended.
• You must have no overdue loans with Swedbank or other creditors, and no overdue service bills.
• If repayment comes from income other than salary or wages, be ready to provide official documents proving that income.
• If you are married and want to borrow alone, indicate that you want a personal loan. If your income is insufficient, your spouse must submit a co-borrower or guarantor application so the bank can assess your family’s creditworthiness.

Estado

Abierto continuamente

Decide where you will buy the equipment and how much you need, then apply through Swedbank’s Internet Bank. Swedbank gives its decision by phone, SMS or an Internet Bank message. Review the offered terms in the Standard Loan Information and, if you accept them, sign the agreement in the Internet Bank within 14 days. The bank then transfers the money to your account; pay the seller by card or bank transfer.

Within 180 days of the loan agreement, email evidence acceptable to the bank that you used the money for its intended purpose to saule@swedbank.lt. Examples include a grid connection agreement, a producer-consumer agreement with UAB Ignitis, a handover certificate for the solar or wind installation, or a heat pump purchase agreement. If you do not meet this obligation, or use the money for another purpose, Swedbank may replace the special rate with a fixed annual rate of 15%.