The BOV ECO Personal Loan1 provides affordable, customised solutions designed to help you nurture your home and preserve our environment.
The BOV ECO Personal Loan provides affordable, customised solutions designed to help you nurture your home and preserve our environment.
Being an eco-friendly Bank we can assist you in improving our environment by offering:
How much can you borrow?
The BOV ECO Personal Loan requires no security and can be used for purchases between €500 and €40,000. Whilst the loan is repayable by monthly instalments, the amount you pay each month is determined by the sum you borrow, the selected term and the applicable rate of interest.
Repaying your loan
Repayments generally span up to a maximum period of 7 years in line with the amount of the loan and the expected life-span of the equipment. Loans to finance new electric/hybrid cars may be extended to 8 years, whilst loans to finance photovoltaic systems and other energy generating products may be extended up to a term of 10 years. The loan will be repaid by monthly instalments which will be inclusive of interest. Should you decide to repay the loan before the stipulated term, whether in one lump sum or by increasing your monthly instalments, no penalties or additional fees apply.