Access the ProGreen Loan for Photovoltaic Panels and choose between a variable IRCC + 3.28%* or a fixed interest of 10%* interest rate for amounts up to 150,000 LEI with 0 down payment, 0 application fee and 0 file analysis fee.
The initial investment pays for itself in a short time** thanks to reduced household electricity costs.
In addition, photovoltaic systems have an extended lifetime (on average around 25 years), and once installed, will have low maintenance costs.
Our partner Solarlink can provide you with the necessary support for all stages of your project, from purchasing panels to obtaining prosumer status.
For an offer, contact the partner by phone: 0791 757 565 or e-mail: office@solarlink.ro
Green energy, lower costs
The ProGreen Photovoltaic Panels Loan is designed for individuals who are ready to make the transition to a renewable energy source while benefiting from reduced household electricity costs.
If you are interested in ProCredit Bank's solutions for financing investments in photovoltaic panels dedicated to companies, read all the details here.
Everything you need to know about the ProGreen Photovoltaic Panels Loan
About the product
- Loan period: up to 5 years
- Loan amount: up to 150,000 LEI
- Annual interest rate: fixed 10%* or variable IRCC + 3.28%*
- ZERO down payment
- ZERO application fee
- ZERO analysis fee
- The ProGreen Credit for Photovoltaic Panels is granted in LEI
Eligibility conditions
- You are a Romanian citizen, resident in Romania and aged between 18 and 65 years (at the last due date of the loan)
- You have been employed at least 1 year, of which the last 3 months at your current job or you receive income from independent activities (or dividends)
- You receive a monthly income registered with ANAF of at least 2,250 LEI
Product advantages
- New customers can apply online for a loan, right from the time they open an account
- Short payback period for the investment
- Possibility to become a prosumer
- Full financing of the investment
- Dedicated advisor for credit file management
Terms and conditions
Calculation examples for the ProGreen Credit for Photovoltaic Panels
For a loan amounting to LEI 100,000, granted for a period of 5 years, with a registration cost in the electronic file of LEI 150 and fixed annual interest rate of 10%, APR = 10.54%, monthly rate = LEI 2,126, total amount payable = LEI 127.679.
For a loan amounting to LEI 100,000, granted for a period of 5 years, with a cost of registration in the electronic file of LEI 150 and variable annual interest of IRCC + 3.28%, APR = 9.69%, monthly instalment = LEI 2,111, total amount payable = LEI 125.386.
The variation of the reference index in the variable interest component, the change in own income, could affect the ability to pay the loan instalments.
The DAE value is determined for information purposes and is subject to change.
*Annual interest rate valid for clients who collect income in a current account opened with ProCredit Bank
**Simulation for investment cost amortisation
This is a simulation under ideal conditions and a customised analysis will be carried out based on the average electricity bill, the degree of exposure to sunlight, the geographical area and the specifics of your building.
PHOTOVOLTAIC SYSTEM 5kW | ||
---|---|---|
Period of operation | 5 years | 10 years |
Cost of investment | RON 21.000 | RON 21.000 |
Maintenance and repair costs | RON 0 | RON 2.500 |
Expenditure/costs saved on electricity | RON 26.000 | RON 54.500 |
PROFIT | RON 5.000 | RON 31.000 |