EcoLogic Consumer

EcoLogic Consumer

For the purchase and installation of photovoltaic and other systems for energy saving

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EcoLogic Consumer

Why you should choose it

<p>For the installation of photovoltaic and other systems</p>

For the installation of photovoltaic and other systems

<p>Quick administration process</p>

Quick administration process

<p>Duration up to 8 years</p>

Duration up to 8 years

More on this product

Features

Eligible applicants: Physical persons, permanent Cyprus residents.
Purpose:

Purchase and installation of:

  • photovoltaic systems
  • heating and cooling systems
  • Electric vehicle recharging infrastructure1
1 charging station and smart energy meter, with purpose the charging of an electric or hybrid (plug-in) vehicle
Amount: €3,000–€15,000
Duration: Up to 8 years. The borrower’s age at loan maturity must not exceed 65 years 
Initial Bank Charges:
  • Arrangement fees €100
Required Collaterals:
  • Either mortgage or personal guarantees
  • Assignment of life insurance
  • Assignment of property insurance in the event of a mortgage
  • Any other security that may be required by the Bank
Interest Rates

The interest rate is variable for the entire duration of the loan. Please find our interest rates and representative examples here.

Terms and Conditions
  • All applications are subject to Bank's approval pursuant to its lending policy being in force from time to time.
  • Any insurance application through Bank's Insurance Agency, is subject to the assessment and approval of Atlantic Insurance and within their risk acceptance policy. Terms and Conditions apply. 
  • The Bank reserves the right to modify or withdraw the product at any time, at its absolute discretion.
  • The consumer has the right of withdrawal; 5 working days in the event that the collateral is mortgage over residence, 14 calendar days in the event that the collateral is personal guarantees
  • Τhe product is subject to further terms and conditions. For more information call us at 800 11 800 (24 hours) or visit any of our branches.

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