Are you thinking of making use of nature’s energy sources?
Bank of Valletta can help you finance the purchase of environmentally-friendly equipment such as solar water heaters, solar lamps, solar collectors, photovoltaic systems, energy saving electricity consumption products, thermal insulation products and electric/ hybrid cars.

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:
> Reduced interest rates
> Discounted processing fees
> Repayments up to 7 years(1)

How much can you borrow?
The BOV ECO Personal Loan requires no security(2) and can be used for purchases between €582.34 (Lm250) and €23,293.73 (Lm10,000). 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(3) in line with the amount of the loan and the expected life-span of the equipment. 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.

Processing Fees
The BOV ECO Personal Loan is subject to a one-time discounted processing fee as per Bank’s tariff of charges. There are no hidden fees and no extra costs. However, for additional facilities, normal banking fees will apply.

Shaping up your loan
Applying for a BOV ECO Personal Loan has never been easier. If you are over 18 years of age and in regular full-time employment, simply contact your nearest BOV Branch where our staff will discuss your requirements.

When you visit it would be useful to have:
> Your I.D. Card
> Evidence of income - FS3 or Profit & Loss Account together with the Inland Revenue income and
   self-assessment form submitted to the Inland Revenue
> Evidence (e.g. pro-forma invoice) of asset being financed by the loan
> Alternatively, for further details, you can call our Customer Service Centre on 2131 2020, between > > Mondays and Saturdays, from 8.00am to 8.00pm (excluding Bank and Public Holidays).

IMPORTANT - PLEASE READ CAREFULLY
1. All Personal Loans are subject to normal bank lending criteria and final approval from your BOV
   branch. Terms and Conditions apply.
2. If all bank lending criteria are satisfied.
3. The seven (7) year term must not go beyond retirement age.