MCU Sustainable Banking

Solar Loan

MCU's Solar Loan was developed to provide members with a "special" loan for the specific purpose of purchasing and installing PV panel or solar hot water systems.

This special loan does not have any application fee.

Interest Rate 9.14% p.a.
Comparison Rate 9.14% p.a.
Maximum Term 10 years
Minimum Amount $3000
Maximum Amount $20000
Unsecured Loan
Only available for Queensland Property/s
Annual Fee $0
Redraw Facility free for amounts over $2000, otherwise $25 fee per redraw

Note: This comparison rate is calculated on the amount of $10,000 over a term of 4 years. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

View full Schedule of Comparison Rates (pdf).

View Loan Fees and Charges (pdf).

Terms, conditions, fees and charges apply and are available on request. This offer is subject to change without notice.