Eco Loans

You can pay by monthly amortization installments, starting one month after the loan disbursement and payable via the borrower's designated loan-linked Deposit Account with NBG.

The Bank sends you a monthly notification regarding your housing loan, remaining principal, remaining installments, the interest rate on outstanding amounts, etc.  Moreover, if you're using NBG Internet Banking, you can register with i-bank statements and receive notifications via email.

The loan is available at a floating rate, based on the 3Μ Euribor, subject to a minimum equal to the ECB's intervention rate, plus a fixed margin rate throughout the entire loan term. Please note that the floating rate fluctuates in line with any increase or decrease in the base rate, which will impact your monthly installments accordingly. The floating rate also includes the levy required under Law 128/75, currently 0.12%.

For further details about the loan rate and expenses, click here. It is helpful to know that the loan rate is customized after reviewing your loan application and considering factors like the purpose of the loan, the property value, and your credit score.

Green Home also offers you a discount on the loan rate depending on the energy class of the residence upon purchase or upon completion of a construction or repair project. The reduction ranges from 0.20% up to 0.80%. If, for example, the loan rate margin is normally 3.20% and you're entitled to a 0.80% discount, the final loan rate will be 2.40%.

This depends on the purpose of the loan.

• For purchasing a home, the discount applies from the first installment.
• For constructing or completing a home, the discount applies after completing the works as long as there are no payments in arrears.
• For construction or repair projects, the discount is subject to the condition that you're up-to-date with your payments. In the case of repair projects, there is also the condition that the energy class of the property is upgraded to at least the next higher rank.

The loan is available at a floating rate, based on the 3Μ Euribor, subject to a minimum equal to the ECB's intervention rate, plus a fixed margin rate throughout the entire loan term. Please note that the floating rate fluctuates in line with any increase or decrease in the base rate, which will impact your monthly installments accordingly. The floating rate also includes the levy required under Law 128/75, currently 0.60%. 

For further details about the loan rate and expenses, click here.

Yes, you can make an early or partial repayment at any time without any additional charge.

You can use the Green loan to purchase environmentally friendly products and services that improve the energy efficiency of your home, such as:

• The installation of
  • a green roof
  • natural gas supply
  • thermal insulation on walls and roofs
  • a biowaste treatment unit
  • solar heating system
  • cooling systems (floor cooling, fan coils) and sunshade systems
  • geothermal systems
  • wind energy systems
  • photovoltaic systems
• The replacement of old central-heating boiler and/or water heater
• The construction of rainwater collectors
• Α+ energy-efficient electrical appliances
• The replacement of window frames and panels

You do something for the environment while saving energy and money!