The details shown below are for a fixed loan between $5,000 and $50,000
The details shown below are for a fixed loan between $5,000 and $120,000
Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
| | Fixed | Green Loan (Fixed, Unsecured) | $5,000 | $50,000 |
| | Fixed | Green Loan (Fixed, Secured) | $5,000 | $120,000 |
Loan: $5,000 $50,000
Loan: $5,000 $120,000
If you’re planning to go green, then the Police Bank Green Loan might be just the thing to make your eco-friendly aspirations a reality. This competitive personal loan comes with a low interest rate, a budget-friendly application fee and no ongoing fees at all. It also allows flexible repayment options, including free extra repayments and your choice of repayment frequency, although there’s no redraw facility.
Police Bank are rewarding environmentally aware borrowers with their Green Loan product - a low rate, low fee personal loan designed to help Aussies fund a range of eco-friendly projects, including installing solar panels and batteries, installing rainwater tanks, buying energy or water efficient white goods and certified double glazing for windows.
This is certainly a budget friendly loan - it comes with a fixed 5.79% interest rate (5.93% comparison rate*) and a low upfront fee of just $98. You can borrow amounts starting at $1,000, and choose between the secured or unsecured option - but keep in mind that while the secured option has no upper limit on loan amount, if you opt for an unsecured loan, it will be capped at $50,000. Loan terms range from 1 to 7 years.
There are no ongoing fees to budget for, and with Police Bank’s Reduced Fees Program, your loan balance may even help you qualify for fee free transactions on other banking products.
You don’t have to be a member of the police force to apply for the Police Bank Green Loan - so it’s a great option for any budget savvy Aussie with an environmentally-friendly project in the works.
If you’re after a personal loan to buy a car or renovate your kitchen, this isn’t the one for you. You can check out our personal loan comparison for other more suitable options.
Fixed
5.79% p.a. fixed
5.92% p.a.based on $30,000
over 5 years
$98.00
$0.00
$10.00
$0.00
$0.00
$5,000.00
$50,000.00
1 Year
7 Years
Unsecured
Weekly, Fortnightly, Monthly
yes
no
Available for a range of environmental initiatives, such as solar hot water systems, rainwater tanks, green vehicles or top energy savings white goods.
Reduced fees Program for qualified customers.
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies 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.
Fixed
5.79% p.a. fixed
5.92% p.a.based on $30,000
over 5 years
$98.00
$0.00
$10.00
$0.00
$0.00
$5,000.00
$120,000.00
1 Year
7 Years
Various
Weekly, Fortnightly, Monthly
yes
no
Available for a range of environmental initiatives, such as solar hot water systems, rainwater tanks, green vehicles or top energy savings white goods.
Reduced fees Program for qualified customers.
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies 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.
Police Bank has specially designed its financial products to offer financial solutions to the employees and families of the Police service. Police Bank offers a range of financial products and services in savings accounts, home, car and personal loans, term deposits, credit and debit cards and a range of insurance products, ensuring that its members financial needs are taken care of.
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OurMoneyMarket
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5.49% p.a.to 19.99% p.a.based on $30,000
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6.49% p.a.to 19.95% p.a.
6.76% p.a.to 20.26% p.a.based on $30,000
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MoneyMe
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7.64% p.a.to 21.35% p.a.based on $30,000
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6.39% p.a.to 8.69% p.a.
6.39% p.a.to 9.61% p.a.based on $30,000
over 5 years
SocietyOne
Unsecured Personal Loan (Fixed)
6.39% p.a.to 10.49% p.a.
6.39% p.a.to 11.2% p.a.based on $30,000
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4.45% p.a.to 15.45% p.a.
4.45% p.a.to 15.45% p.a.based on $30,000
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4.74% p.a.to 16.01% p.a.
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4.89% p.a.to 8.89% p.a.
5.44% p.a.to 9.46% p.a.based on $30,000
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NOW Finance
Unsecured Personal Loan
5.95% p.a.to 17.95% p.a.
5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
6.29% p.a.to 8.48% p.a.
6.50% p.a.to 8.69% p.a.based on $30,000
over 5 years
Symple Loans
Personal Loan
5.75% p.a.to 25.99% p.a.
6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years
Alex
Personal Loan
5.49% p.a.to 19.99% p.a.
5.49% p.a.to 19.99% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.49% p.a.to 19.95% p.a.
6.76% p.a.to 20.26% p.a.based on $30,000
over 5 years
MoneyMe
Personal Loan
6.25% p.a.to 19.95% p.a.
7.64% p.a.to 21.35% p.a.based on $30,000
over 5 years
SocietyOne
Unsecured Personal Loan (Fixed)
6.39% p.a.to 10.49% p.a.
6.39% p.a.to 11.2% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 8.69% p.a.
6.39% p.a.to 9.61% p.a.based on $30,000
over 5 years
