variable rate

max loan term 7yrs

comparison rate

up to

min loan amount $3,000

Need a little extra cash to help you go greener?

Maybe you're thinking solar or you've got your heart set on an electric car? Bank of us have partnered with Aurora Energy to bring you a Green Loan with a great low rate so you can purchase eligible energy-efficient products and help reduce your carbon footprint at the same time!

  1. Step 1

    Dig out that wish-list

  2. Step 2

    Check out below what Green Loans can be used for

  3. Step 3

    Simply click the button below to start your Bank of us application

  4. Get Started

    Apply now in less than 5 minutes*

    Group 37


To get started, simply click below and we'll take you to the Bank of us website:

Apply now

Bank of us lending criteria, terms and conditions including fees and charges apply. Full details are available on application. The rates provided above are for new lending only and are subject to change.

#The comparison rates are calculated on the basis of a loan of $30,000 over a term of 5 years.
WARNING: These comparison rates apply only to the 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.

Bank of us credit guide

Aurora Energy is not a financial adviser and the information on this page does not constitute professional or financial advice. You should consider seeking independent legal, financial, taxation or other advice as necessary when considering making a Bank of us Green Loan application.


Green Loans were made for...


Heating & Insulation
  • Highly efficient electric heaters - minumum 5 stars out of 6
  • Home insulation - Where level must be above minumum level for geographic area, more here
  • Home Ventalation Systems
  • Split systems, evaporative cooler or high star rated zoned air conditioner - minimum energy rating 4 out of 6 stars or minimum 6 out of 10 stars
  • Solar hydronic heat pump systems
Solar & Battery
  • Battery systems to store solar energy
  • Solar / photovoltaic (PV) panels & systems
  • Solar hydronic heat pump systems
  • Solar pool heaters
  • Tesla power wall
  • Solar hot water systems
Home Improvement
  • Certified double glazing for windows
  • External awnings
  • Grey water treatment systems
  • Light Emitting Diode (LED) lighting
  • Rainwater tanks and water pumps
  • Home Ventilation Systems
  • Energy efficient white goods and appliances - Minimum 4.5 star rating out of 6 or Minimum 6 star rating out of 10 (excluding television)
Hot Water
  • Energy efficient instantaneous hot water systems
  • Solar hot water systems
Green Car
  • Green Rated Vehicles with a combined Tailpipe CO2 rating below 150g/km. Details can be found here

We recommend you consult with an experienced specialist, contractor or builder prior to purchasing or commencing a home upgrade. 

Frequently asked questions

What is the Green Loan?

The Green Loan is an unsecured personal loan, available for the purchase of eligible energy efficient products.

How long can I take to repay the Green Loan?

The minimum period is 6 months and the maximum period is up to seven (7) years.

Is the interest rate on the Green Loan a fixed rate or a variable rate?

The interest rate is variable. If the interest rate varies, your repayment amount will vary.

What are the normal repayment frequencies?

At a minimum, repayments must be made monthly, but you can set up regular payments to your loan on a weekly, fortnightly, or monthly basis to suit you.

If I do pay the loan off quicker do I get charged less interest?

Yes, paying the loan off quicker will reduce the amount of interest you will have to pay.

If I get ahead in my scheduled payments, is it possible to redraw these extra payment amounts?

You may be able to withdraw extra amounts subject to Bank of us lending criteria, and terms and conditions, including fees and charges.

Are early or extra repayments penalty free?

There are no fees charged for these payments.

Are there any ongoing fees on the loan account?

No, there are no ongoing fees.

Do I need to insure the asset I am purchasing with the Green Loan?

We would always recommend you consider insuring your asset purchase.

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How can I contact Bank of us?

The Bank of us Contact Centre is right here in Tasmania. Click below to access their contact information.

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How can I easily work out how much I can borrow and how much it’s going to cost?

Bank of us have a handy online calculator on their website you can use. Visit and plug in your info.

What’s so good about the Bank of us Green Loan?

It’s got a low-interest rate and you can manage your repayments the way you want to (but at a minimum of monthly). You may be able to redraw if you get ahead in your scheduled repayments (subject to Bank of us lending criteria, and terms and conditions including fees and charges).

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