BoC providing environmentally-amicable financing for home home improvements. Long lasting citizens off Cyprus who wish to renovate and you may enhance new energy efficiency of the first or vacation family

BoC providing environmentally-amicable financing for home home improvements. Long lasting citizens off Cyprus who wish to renovate and you may enhance new energy efficiency of the first or vacation family

The time since it is so you’re able to environmental sustainability, the bank of Cyprus was adding significantly on reduced amount of energy application by giving consumers with an environmentally-friendly loan to help you redesign a first residence otherwise holiday home.

Who’s the product to own?

Permanent owners off Cyprus who would like to redesign and update the newest energy efficiency of their no. 1 otherwise holiday household. When you yourself have not been a long-term resident regarding Cyprus for for the past 12 months, contact this service membership Officials in our Department Community.

Exactly how much must i borrow?

The maximum amount of investment try €30,one hundred thousand.

Benefit as much as €three hundred

Get an electrical energy modify certificate and you will be paid having step 1 per cent of one’s loan (restriction amount €300) in your most recent membership.

No very first fees

Initially financial charges commonly recharged

What is the repayment period?

Minimum fees several months:

By what many years can i pay my financing?

Maximum many years on debtor to settle is 65.

Which are the needed requirements to own financing?

Can there be a grace months?

Up to 12 months towards dominating.

Can there be an alternative regarding interest?

The interest rate is actually a drifting speed for the whole stage of your financing.

Learn more about interest levels here.

Can i alter my personal brain in regards to the loan?

There was the right off detachment inside four (5) working days on the go out of achievement of agreement.

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