Green Consumer Loan for Photovoltaic Systems

A collateral-free Green Consumer Loan to buy and install photovoltaic systems for own consumption which will boost your income and help protect the environment. It offers low interest rate and fast financing procedures.

Currently at 8.75% + Law 128/1975 levy
Up to 10 years
From €800

Up to €20.000

100% financing
  • Low interest rate
  • Without collateral
  • Flexible financing procedures

5 more reasons to get a Green Loan for Photovoltaic Systems

 1.  Preferential terms

We actively support your green choices with a Green Consumer Loan for Photovoltaic Systems at a very low interest rate and without a mortgage lien.

 2.  Flexible procedures

We help you get easy, rapid financing to achieve your goals. Faced with critical decisions to this end, you will also get our support in terms of the necessary know-how.

 3.  Green services

Designed to address your needs, the green points of service at all branches in our network offer you useful services to complement or add value to your project.

Green services for Personal Banking

 4.  The right thing to do for the environment

The Green Consumer Loan for Photovoltaic Systems enables you to achieve 2 objectives at once: To earn money and to help protect the environment.


Why get a Green Consumer Loan for Photovoltaic Systems.

To buy and install a photovoltaic system for own consumption.

Preferential terms

  • Competitive variable interest rate, 2.35 points lower than the Base Consumer Loan Rate (BCR), at 8.75%
  • Very high loan amount of up to 100% of the budget for the quote from the photovoltaic system supplier/fitter + additional cash of €2,000
  • Long repayment term of up to 10 years
  • Without mortgage lien

Instant quote

Learn about the features of the Green Consumer Loan without even having to submit a loan application:

  • Visit any Piraeus Bank branch
  • Call us on 18 218, 24/7

Service every step of the way

Our Green Banking experts at every branch in our network will explain your options and the procedure. They will help you apply for and monitor your loan.


Loan amount

From €800 up to €20,000
We finance 100% of the amount written on the offer from the photovoltaic system supplier/fitter. We will also provide additional cash of €2,000 without requiring additional supporting documents.

Interest rate

The interest is variable at 8.75% for the entire term of the loan.

Interest rates are also subject to the Law 128/1975 levy. Today it stands at 0.60%.

Click here to see the overall APR example

Loan term

The loan term depends on the loan amount:

  • For €800 to €6,000 – from 12 to 60 months
  • For €6,001 to €20,000 – from 12 to 120 months
In all cases, when you repay the last instalment, you (the borrower) must not be aged over 70.

Loan approval fee

€100 deducted from the amount disbursed to you.


Immediately, in one single instalment.


In monthly instalments that repay interest and capital together.

Repayments must be made in the form of standing orders from your deposit account.

Early repayment option

You can repay all or part of the amount at any time at no cost.

Insurance options

A. Payment Protection Plan

The Payment Protection Plan comes as an option. This form of insurance coverage provides compensation for:

  • Dismissal or temporary disability due to accident or illness, for full-time, private sector employees with a contract
  • Hospital treatment and temporary disability due to accident or illness for freelance professionals, civil servants and part-time private sector employees with a contract

The compensation guarantees that:

  • Your consumer loan instalments will continue to be paid as normal for a set period
  • Your insurance coverage will apply for the remainder of the plan, if you opt to continue it, even though you have fully or partially repaid the loan

B. Insurance for Photovoltaic Systems up to 10kW on Roofs

Piraeus Bank in partnership with ERGO insurance offers an insurance policy for photovoltaic systems up to 10kW, when used for own consumption.