Oschadbank provides Ukrainians with affordable loans for the purchase of energy equipment

Since July 20, Oschad clients have been able to apply for loans for the purchase and installation of alternative energy generating units under the state program at 0% interest. The Government of Ukraine together with the Entrepreneurship Development Fund is implementing the project.

Under this program, solar or wind hybrid power supply systems with a capacity of up to 10 kW for private homes can be purchased.

Key lending terms: the amount is up to UAH 480 thousand, the term is up to 10 years, without collateral.

The borrower must meet the following conditions:

• be the owner of land and a house with an area not exceeding 250 square meters;
• the average monthly total family income for six months should not exceed ten times the monthly average wage in Ukraine.

At the same time, Oschad offers its own consumer lending program for the purchase of goods and services for the installation of non-volatile equipment for both private houses and apartments in high-rise buildings.

Among the goods available for purchase are charging stations, energy independence (power) kits, thermal boilers, solar power plants and panels, wind turbines and related additional equipment and materials, installation work, etc.

The loan is granted in the amount of UAH 50 to 400 thousand without collateral, guarantors, and hidden fees. The maximum loan term is 60 months.

“In the context of electricity shortages due to constant Russian terrorist attacks, many people are thinking about increasing their energy independence. From now on, with new products from Oschadbank, they can purchase the necessary energy equipment to improve their quality of life without a significant financial burden,” said Anton Tiutiun, Deputy Chairman of the Management Board of Oschadbank.

For more information, please visit Oschad branches or call: 0 800 210 800.