UOB Thailand launches “U-Green” home loan campaign to support eco-friendly home renovations
UOB Thailand has announced the launch of its “U-Green” home loan campaign, offering green home loan solutions for customers seeking to make their homes more environmentally friendly. The campaign includes financing options for home renovation and refurbishment, solar panel and EV Charger installation, in line with the Bank’s recent partnership with the Provincial Electricity Authority (PEA).
As part of the “U-Green” home loan campaign, UOB Thailand now offers a range of home loan products such as UOB Refinance with “Green Top Up” credit line and UOB Green Cash to Home enabling customers to renovate their homes with energy-efficient improvements such as solar panel installation or electric vehicle (EV) charger installation. The campaign also extends benefits to individuals looking to install solar panels through the PEA Solar service.
Mr Yuttachai Teyarachakul, Managing Director, Head of Personal Financial Services, UOB Thailand, said “We recognise the importance of environment sustainability and have launched the ‘U-Green’ campaign to fuel our customers’ passion for eco-friendly living. Offering green home loan solutions, UOB caters to the evolving needs of homeowners seeking to upgrade their spaces with sustainable features. This addition further enriches and diversifies UOB’s range of home loan products.”
New customers can apply for UOB Refinance with “Green Top Up” loan, featuring an average interest rate of 3.49 per cent per annum during the first three years (MRR – 5.06), a credit line of up to 100 per cent of the appraised value, and a maximum loan tenor of 30 years. Existing customers with remaining credit line available from their collateral can access UOB Refinance “Green Top Up” loan at a special average interest rate of 4.69 per cent per annum during the first three years with a credit line of up to 95 per cent of the appraised value, and a maximum loan tenor of 30 years.
In addition, UOB Thailand introduces the “UOB Green Cash to Home” programme, allowing customers who own a house or condominium unit free of financial obligation to use their property as collateral for cash loan. The programme provides a special average initial interest rate of 4.39 per cent per annum during the first three years, a credit line of up to 80 per cent of the property’s appraised value. The minimum loan amount available is 500,000 baht, while the maximum loan amount can reach up to 50 million baht. The maximum loan tenor is up to 30 years. Homeowners can utilise the funds grated for a range of environmentally conscious refurbishments, such as improving ventilation, increasing natural sunlight, conserving energy, adding green space; installing solar panels and EV charger.
The “U-Green” campaign is available for customers who apply for the loan from today to 30 September 2023.
For more details about UOB home loans, please visit https://www.uob.co.th/homeloan/ or click here to access the online loan application. For further information, please contact us at 0-2093-2030 or reach us via LINE: @uobhomeloan.
