BOV Personal Energy Loan

Bank of Valletta have launched a new low-cost financing solution to help you reduce your carbon footprint through the BOV Personal Energy Loan This personal scheme is designed to aid in the purchase and the installation of renewable energy products and energy efficiency solutions. By benefiting from a 2.0% p.a. interest rate subsidy for the first 3 years of the loan covers the costs associated with systems that generate renewable energy and/or sustain energy efficiency such as:
  • PV panels, Solar Water Collectors, and
  • Space Heating, Hot Water or Cooling generation 
  Also including Insulation, Interior and Exterior Apertures, Glazing, External Shading, 
  • Ventilation, Heating or Cooling and Lighting Systems, 
  • Energy Generation & Household Storage and
  • Electric Vehicle (EV) household charging stations
  Benefits include 
  • No security/collateral required.
  • No contribution required.
  • No processing fees.
  • No Early Repayment fees.
  • Low interest rate of 2.50% p.a. An interest rate subsidy of 2.0% p.a. for the first three years from first loan disbursement date. Loan term may be extended up to a maximum of 15 years, subject to the lifespan and cost savings provided from the equipment installed.
  • An affordable repayment programme that may be extended up to a maximum of 15 years, subject to the lifespan of the equipment installed.