Westpac will begin offering customers interest free ‘green loans’ from today, worth up to $10,000.
The company said on Sunday that the loans support the Australian Government Green Loans Program and will give homeowners an opportunity to improve their energy and water use efficiency.
“The Green Loans Program assists families to install solar, water saving and energy efficient products to reduce greenhouse gas emissions,” Westpac said in a statement.
The loans include no monthly service fees, establishment fee or pre-payment fee and are interest free, to be repaid over a maximum of four years.
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