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CBA announces green loan national rollout


Mortgage Business
CBA announces green loan national rollout
By Malavika Santhebennur
28 July 2021
CBA has made its green loans available to all eligible home loan customers nationally, and launched a sustainability hub.
The Commonwealth Bank of Australia (CBA) has announced that its green loan has been made available for up to 600,000 customers across Australia.
It has followed the launch of a green loan pilot program in February this year to enable existing and new customers with an eligible CommBank home loan or investment loan to purchase and install renewable technology.
The loan enables eligible customers to purchase and install up to $20,000 worth of clean energy products by offering a 0.99 per cent per annum secured fixed rate over 10 years with no establishment fee, monthly loan service fee or ea ....

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