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ANZ has joined Westpac in launching an interest-free Green Loan that will allow Australian households to invest in solar, water saving, and energy-efficient products.
The green loan, worth up to $10,000, has no approval fee, no loan administration charges, no early break cost and no interest repayments.
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The bank’s Australian acting chief executive officer Graham Hodges said ANZ was committed to making households environmentally friendly.
“Greening your home makes sense from an environmental and a financial perspective. By offering Green Loans we can help Australians save money by making the initial investment in energy and water efficiency more accessible and affordable,” he said.
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