Starting from July 20, Oschad branches can apply for loans for the purchase and installation of alternative energy generating units under the state program at 0% interest rate. The project is being implemented by the Government of Ukraine jointly with the Entrepreneurship Development Fund.

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: amount up to UAH 480 thousand, term 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.

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

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

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