Unsecured green personal loan
Borrow for eligible home solar power systems, grey water treatment or electric vehicle charging stations with a fixed-rate personal loan.
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This unsecured loan finances eligible equipment installed at home. Speak to a Bendigo Bank lending consultant to check whether your equipment qualifies.
Borrow at least AUD 2,000 for one to seven years. Repay the money borrowed plus interest in weekly, fortnightly or monthly instalments. The fixed interest rate stays the same during the loan term.
The advertised annual interest rate is 8.24%, with a comparison rate of 9.27%. That comparison uses an AUD 10,000 unsecured loan over three years; different amounts, terms or fees may produce a different comparison rate, and it may not include every charge. Rates can change before you agree the loan.
The application fee is AUD 150 and this unsecured green product has no ongoing fees. You can make extra repayments without a fee and withdraw those extra repayments online for free, but an amount equal to one repayment must remain in the loan. Paying off the whole loan before the agreed term ends costs AUD 20; no fixed break costs apply.
If you fall behind on the loan by AUD 50 or more, the bank charges AUD 35 every 30 days while that default continues. The default and early repayment fees are not charged once the bank is notified that all borrowers have died; fees for services performed continue.
Eligibility
- You must be over 18 and an Australian citizen or permanent resident.
- You must be employed or have a regular income, and must not be bankrupt or in financial hardship. If you receive Centrelink payments or another pension, call the bank on 1300 236 344.
- Bendigo Bank checks whether you can afford the loan and whether it suits your circumstances before issuing it.
- The loan is for individuals and personal purposes. It may not suit borrowing predominantly for business purposes.
How to apply
- Statut
- Candidatures au fil de l’eau
- Conditions de cette période de candidature
- Bendigo Bank applies eligibility, affordability and suitability checks.[^c10]
Apply using Bendigo Bank’s unsecured green personal loan form, or call 1300 236 344 or visit a Bendigo Bank or Community Bank branch. Applications are accepted on an ongoing basis.
For an online application, have identification and details of your income, employment, assets, expenses and debts ready. Send the supporting documents requested so the bank can finalise your application.