Exciting news for homeowners! FNB has launched a revolutionary Solar Energy Loan Solution, empowering you to embrace solar power and other alternative energy options effortlessly. Now you can add a loan facility to your existing bond, accessing solar funding from R50,000 up to 15% of your home’s value.
How does FNB’s Solar Energy Loan work?
FNB has simplified the process to make it seamless for you. Through our user-friendly app, you can explore a wide range of alternative energy solutions and choose the one that suits your needs best. Pay for your selected solution comfortably over 24 months, with affordable monthly installments starting at just R149.
The best part is that there’s no need for paperwork! We’ve fully digitized the process on our trusted banking platform. You’ll soon receive pre-approved offers for these solar and energy backup options via FNB Connect.
Worried about the upfront deposit? No need to be! FNB will directly pay the deposit to the supplier on your behalf, ensuring a hassle-free experience.
Our primary goal is to support both businesses and consumers in financing power installations, effectively mitigating the impact of load shedding. By opting for our Solar Energy Loan Solution, you’ll not only contribute to a greener future but also increase your property valuation with the installation.
Applying for the solar energy loan is simple. You can do it through a new or existing home loan. The loan amount can range from R50,000 to 15% of your home’s value, providing you with ample financing to install a solar energy system from a list of reputable renewable energy providers.
Rest assured, the interest rates on your solar energy loan will be aligned with your credit profile, ensuring favorable terms that suit your financial situation.
We understand that some customers may prefer alternative financing options. Hence, we also offer energy finance through securities-based lending or unsecured personal loans.
At FNB, we’ve got you covered every step of the way. We carefully vet all alternative energy suppliers on behalf of our clients, ensuring quality and reliability.
This Solar Energy Loan Solution perfectly complements our existing eco-energy home loan solution, which has already paid out an impressive R970 million to date. Our ambitious target is to reach R2 billion in green-energy home loans by June 2024, further solidifying our commitment to sustainable living.
With the rising importance of household renewables and alternative power amid the ongoing load shedding challenges, FNB aims to make a significant impact in the transition to private energy. In support of this, the government is offering exciting rebates for individuals and tax benefits for businesses investing in renewables.
Don’t miss this fantastic opportunity to power your home with clean and cost-effective solar energy. Take advantage of FNB’s Solar Energy Loan Solution today and be a part of the green revolution!
Remember, at FNB, we believe in a brighter and greener future for everyone.
