Green Car Loan
Help the planet and your pocket with a secured loan for new Electric or Hybrid cars
Green Car Loan – Variable
| Loan Type | Interest Rate | Comparison Rate* |
| Secured loan for brand new electric and hybrid2 cars. | 5.89% p.a.1 | 6.94% p.a.* |
Green Car Loan – Fixed
| Loan Type | Interest Rate | Comparison Rate* |
| Secured loan for brand new electric and hybrid2 cars. | 5.89% p.a.1 | 6.94% p.a.* |
Why choose our Personal Loan?
Save
A lower interest rate than our standard car loan to reward you for greener choices.
Affordable
Borrow from $10,000 over terms from 1-7 years making it easier to find a repayment that suits you.
Swift
We can arrange a swift conditional approval so you can start car hunting.
Features and benefits
$10 monthly fee
We’ll simply add this to your loan each month.
$249 application fee
Lower than many dealer fees, we’ll add this to your loan. Includes the PPSR fee
New or Demonstrator
Available for brand new cars, or demonstrator cars less than 12 months old and with under 5000kms
Driving savings
With the cost of fuel rising, more Australians are considering the potential savings of driving a hybrid or electric car. Our Green Car Loan rewards you with a lower interest rate than our standard car loan to say thanks for making a greener choice. In fact, the interest saving could contribute to the cost of purchasing the car.
Depending on the cost of the vehicle, you may be eligible to borrow more to cover the cost of a charging station or power wall.
You can apply if you:
- Are over 18 years of age
- Have a regular income
- Are not or have not been bankrupt (including Part IX agreements)
- Are an Australian citizen or a permanent resident
- Have not had defaults on any Loans, Credit cards, Interest free finance or Store cards in the last 5 years
- Have been in your current job longer than 6 months
- Have an acceptable Credit Risk Profile (Credit Score)
- Your personal details, such as your current and previous address, phone number and email address
- Details of your income, employment, any assets (e.g. home, car or savings) and debts (mortgages, loans and credit cards) you currently have
- Your account transaction listing where your income is deposited, via our Bank Statements service
We are able to offer loans to self-employed applicants including home loans, personal loans, credit cards and overdrafts.
The types of documentation we will request from you may vary between applicants due to differences in individual situations and the type of loan you are applying for. The following are some examples of documentation you may be asked to provide.
- Last 2 years full Tax Returns and financials/profit & loss statements for both of your personal and/or company tax returns to support your Self Employed income, and last 2 pay slips for other applicants
- Proof of any rental income for properties via real estate statement or copy of executed lease
- Latest Notice of Assessments for each applicant
- Everyday transaction account statements where your income is credited to via our Bank Statements service.
- Statements of any loans or credit cards you are refinancing to us via our Bank Statements service
- Copy of current rates notice if it is a mortgage application
Got your eye on a car that’s not electric or hybrid?
If you’re buying a car up to 5 years old, you could finance it with our other car loan option. It comes with a great fixed or variable rate and terms up to 7 years so you can find a repayment to suite your budget.
Fees and charges
An Early Repayment Fee (ERF) applies for fixed loans. For a full list of fees and charges refer to our latest schedule.
Important notes
You can view Target Market Determinations here.
Credit eligibility criteria, terms & conditions, fees & charges apply.
1 Rates is current as at 20/02/26 and subject to change without notice.
2 Full hybrid or plug-in hybrid cars are acceptable. Mild hybrid cars are excluded, but are acceptable under our Car Loan product available here
*The comparison rate is calculated on an unsecured loan amount of $30,000 over a loan term of 5 years. WARNING: This comparison rate is 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.
