Eco Personal Loans
With a secured and unsecured option, the SERVICE ONE Alliance Bank Eco Personal Loans are available for the purchase of environmentally friendly solutions.
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6.79% pa
Interest Rate
7.39% pa1
Comparison Rate
Apply NowMake an Appointment
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A fixed rate, secured option for the purchase of environmentally friendly solutions.
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secured* by a registered motor vehicle, term deposit or residential mortgage
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ideal for the purchase of home add-ons such as solar panels, solar hot water systems, rainwater tanks and more
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borrow up to $75,000
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loan period up to 7 years
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monthly, fortnightly or weekly repayments
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redraw facility
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make variable and lump sum repayments4
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Eco Personal Loan (secured) Features: |
| Eco Personal Loan (secured) |
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| Best Interest Rate | | Fixed interest rate | 6.79% pa | | Comparison rate | 7.39% pa1 | | Fees | | Establishment fee | $150 | | Annual fee | $0 | | Monthly fee | $5 | | Features | | Maximum Amount | $75000 | | Maximum term (years) | 7 | | Redraw facility | Yes 2 | | Loan repayment insurance | No | | Additional repayments accepted | Yes | | Additional repayments fee | $20 3 | | Periodic payments | Yes | | ATM/EFTPOS access | No | | Branch access | Yes |
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9.99% pa
Interest Rate
10.54% pa1
Comparison Rate
Apply NowMake an Appointment
|
A fixed rate, unsecured option for the purchase of environmentally friendly solutions.
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no security required
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ideal for the purchase of home add-ons such as solar panels, solar hot water systems, rainwater tanks and more
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borrow up to $50,000
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loan period up to 7 years
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monthly, fortnightly or weekly repayments
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redraw facility
-
make variable and lump sum repayments4
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Eco Personal Loan (unsecured) Features: |
| Eco Personal Loan (unsecured) |
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| Best Interest Rate | | Variable interest rate | 9.99% pa | | Comparison rate | 10.54% pa1 | | Fees | | Establishment fee | $150 | | Annual fee | $0 | | Monthly fee | $5 | | Features | | Maximum Amount | $50,000 | | Maximum term (years) | 7 | | Redraw facility | Yes 2 | | Loan repayment insurance | No | | Additional repayments accepted | Yes | | Additional repayments fee | $20 3 | | Periodic payments | Yes | | ATM/EFTPOS access | Yes | | Branch access | Yes |
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What these loans can be used for: |
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These Eco Personal Loans can be used for the purchase of environmentally friendly products, including:
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5-star rated vehicles
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solar hot water systems
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insulation
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external awnings
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rainwater tanks
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double glazing
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solar/photovoltaic (PV) panels and systems
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grey water treatment systems
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wind turbines, and
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white goods and appliances awarded at least 5-star energy savings status according to energyrating.gov.au.
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Disbursement of funds: |
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Please note that because Eco Personal Loans are designed specifically for the purchase of environmentally friendly solutions, funds may be disbursed directly to suppliers upon proof of purchase and/or installation. In the case of a deposit or pre-payment, this may be paid directly to the supplier and the remaining funds transferred to your SERVICE ONE Alliance Bank account.
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Discounts on everyday banking
Those who borrow with us save more on everyday banking fees.
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Use your income and expenses to estimate how much you may be able to borrow.
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Our low rate, low fee credit card with interest free period provides access to extra funds should you need it.
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Things you should know:
*The registered motor vehicle could be a car, motor bike, motor home or truck, or caravan for instance. The SERVICE ONE Alliance Bank term deposit should be equal to or more than the total loan.
Terms and conditions apply and fees and charges are payable. Lending criteria apply. Full details available on application. Some loan services require a separate application and are subject to assessment.
WARNING: Comparison rates apply 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.
