The Green Loan, with a reduced interest rate of just 5.5% p.a. fixed for the duration of the loan, is available to all members of the credit union who are undertaking alterations to their homes in order to improve their energy efficiency e.g. insulating the attic, cavity wall insulation, dry-lining, draught-proofing.
Green Energy Efficiency
Get Your Green Energy Efficiency Loan from St.Patricks Credit Union Today
For loan amounts in excess of €5,000 only the official quotation will be acceptable.
The Green Loan will be a new separate loan and will have a separate repayment amount.
No minimum amount that a member has to borrow; the maximum amount is €25,000.
In order to be eligible for the Green Loan a member needs to produce one of the following:
- Home Energy Survey
- Building Energy Rating (BER)
- A quotation from a contractor registered with Sustainable Energy Authority of Ireland (SEAI).
The advantages and benefits applying to our standard loan also apply to the Green Loan i.e. Loan Protection Insurance, ability to make lump sum payments and early clearance of loan without incurring a penalty etc.Members may also be eligible for grants from the Department of the Environment to help offset against the cost of the improvements – please see the Sustainable Energy Authority of Ireland website for further information.
Free Loan Insurance.
Members can also avail of our free Loan Protection Insurance, which clears a member's loan balance in the event of death (assuming the member was in good health at the time of taking out the loan).
KNOW YOUR GREEN LOAN.
€10,000 loan repayable over 60 months
60 monthly payments of €191.01
Rate of interest 5.5% p.a. fixed
Representative 5.65% APR
Total Amount Payable is €11,460.70
Green Loan Calculator
5 Great Reasons To Apply Today!
Quick decisions for most loans.
No penalties for early repayment.
Free Loan Insurance cover.
Flexibility to increase repayments and pay off the loan faster.
No hidden fees or charges.
Find all the forms you need to apply to join St.Patrick's Credit Union. Click here to download forms.
Find all the forms you need to apply for any of our loans Click here to download forms.
Each loan application will be treated with the utmost confidence and will be considered on its own merits. Read more useful information about your loan application.
Your loan application will require proof of identity and address. See a full list of the acceptable forms of ID.
What should you do if you fall behind on your loan repayments?