Greenify EV Loan
Greenify EV Loan
A new loan offering from NBCU available at an interest rate of 5.6% APR. Available for electric vehicles & plug-in hybrids
Naomh Breandan Credit Union is a part of Greenify which is a nationwide initiative designed to help members access affordable finance for green transport and to take meaningful climate action. The Greenify EV Loan is available for fully electric vehicles, plug-in hybrids (PHEVs), EV chargers and electric motorbikes & E-bikes.
Greenify EV Loans can be used for a range of green vehicles including but not limited to:
Please note: The Greenify Loan is available for plug-in hybrid vehicles, also known as PHEVs. However, if the vehicle is a standard hybrid, sometimes referred to as a “self-charging” hybrid (HEV) and does not have a plug-in option, it would not qualify.
Find out more about Greenify
The Greenify EV Loan is available to members who are thinking of purchasing an electric vehicle, plug-in hybrid, electric motorcycle, E-bike, installing an EV charger or simply switching to greener transport.
Click the button below to find out more on the Greenify website.
- Borrow up to €100,000
- Maximum repayment term: 10 Years (120 months)
- Personal service from your Credit Union
Useful Information About EVs
Visit the SEAI website to discover electric vehicle grants that make it more affordable to switch to an EV.
We have outlined some key details and SEAI grants below.
Cost Savings
Electric vehicles can qualify for the lowest rate of motor tax, currently €120 per year. You can also save between 50 and 60% on fuel costs with an EV compared to a similar size petrol or diesel car.
EV Grants
A maximum grant of €3,500 is available for qualifying new M1 (passenger car) battery electric vehicles (BEVs) when purchased privately. There are other grants for electric panel vans and electric motorcycles.
Ev Charger Grants
The EV charger grant can provide up to €300 towards the purchase and installation of a home charger. To qualify for payment, the installation must be completed by a Safe Electric Registered Electrical Contractor.
Grant Eligible Cars
On the SEAI website you can browse and compare a full range of new electric, petrol and diesel vehicles in Ireland. You can see how much you can save in costs and emissions by selecting up to three EVs.
Calculate Your Loan Repayments
Apply for a loan today with interest rates that suit you!
Maximum Loan Term :
5.6%
5.6%
5.6%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
Representative Example
A representative example is a term used in financial regulations. The example will help to show you the typical costs associated with a loan for a certain amount.
Loan Amount
€20,000
Rate of Interest - APR
5.6%
Loan Term
5 years (60 months)
Total Interest
€2,921
Monthly Repayment
€382
Total Cost of Credit
€22,921
Loan Application Process
Step
1
Become a Member
Join Naomh Breandan Credit Union and avail of numerous tailored benefits, outstanding customer service and amazing community
Step
2
Calculate your Loan
Estimate how much you could borrow and calculate your repayments: weekly, fortnightly, or monthly using our online calculator
Step
3
Apply for Loan
Apply for your loan in-person, over the phone or from the comfort of your home through our mobile app or online loan application form.
Step
4
Sit back and relax
Voilá! You are done! Our team are now reviewing your application, we will be in touch shortly to confirm your loan application.
Documents We May Require
- Payslips 3 most recent
- Bank Statements 3 months most recent and up-to-date
- Proof of ID Passport / Drivers Licence / ML10 Form
- PPS Number on official document
Other information may be requested depending on the loan type and amount of the loan
These documents can be uploaded online with the Document Uploader
Ready to Apply?
To log into your online banking you will need your
- Member Number
- Date of Birth
- Online Pin Registration.
Once logged in to your banking area simply select ‘Apply for a loan online’.
Apply NowNaomh Breandan Credit Union Limited is Regulated by the Central Bank of Ireland. Reg No. 135CU. All Greenify Credit Unions are regulated by the Central Bank of Ireland. All Loans are subject to approval. Terms & Conditions Apply. Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may limit your ability to access finance in the future. The loan calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. For more information, please contact us at 091 841 773 or at info@naomhbreandancu.e
