5.99 % p.a. Fixed rate 5.99 % p.a. Comparison rate

If you’re ready to switch to a hybrid or electric vehicle, our Green Car Loan offers a low interest rate and flexible terms, helping you take the next step toward a more sustainable lifestyle.

What can I use a Green Car Loan for?

Hybrid and Electric Vehicles (EV) up to 5 years old, emitting less than 120g of CO2 per kilometre (Combined) as per the Green Vehicle Guide.

EV Home charging station (in conjunction with vehicle purchase, and installed by an accredited technician).

As part of the application process, you will be asked to provide reasonable evidence (including a tax invoice) to show that the loan will be used to purchase or refinance an eligible green vehicle. The documentation can vary depending on where and how you purchase your green vehicle. We'll help you with this step and supply the relevant information during the approval process.

If you want to purchase a vehicle that is not eligible for our Green Car Loan, we are ready to help you with our range of other personal and car loans.

Rates & Features

  Interest rate Comparison rate
Green Car Loan 5.99% p.a. 5.99% p.a.
Features  
Interest Type Fixed
Security Secured (eligible vehicles up to 5 years old)
Minimum Loan Amount $1,000
Maximum Loan Amount $150,000
Maximum Loan Term 7 years
Interest Calculation Calculated daily, charged monthly
Repayment Type Principal & Interest
Repayment Frequency Weekly, fortnightly or monthly
Establishment Fee Waived
Monthly Loan Fee $0
Early Termination Fee $0
Extra Repayments Unlimited
Interest Offset No
Pre-approval Yes
Increase / Top up Yes
Redraw Yes2
Statements & Frequency e-Statements only, quarterly

Car Loan calculators

Get quick answers about your borrowing potential and minimum loan repayments with our Car Loan calculators.

Frequently Asked Questions

For more related frequently asked questions, visit our FAQs page.

  • 1 Comparison Rate is calculated on a loan amount of $30,000 over a term of 5 years based on monthly repayments. These rates are for secured loans only. WARNING: These Comparison Rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison Rate.

2 Minimum redraw amount of $100 applies.

Eligibility criteria, terms & conditions and fees & charges apply.