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  1. Private customers
  2. Home energy efficiency loan

Home energy efficiency loan

A loan for purchasing and installing solar panels, a heat pump, or changing your home heating system.

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Apply
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Individually-calculated offer

Apply online, even if you are not a Citadele customer.

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Financing up to 20 000 EUR

Receive an offer within 10 minutes.

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Wide options

Process remotely and receive the money in your account within a few minutes.

What is this loan for?

Make your home energy efficient and environmentally friendly by choosing the best option for your situation. You can receive a loan for the following:

  • Purchasing and installing solar panels.
  • Purchasing and installing a heat pump.
  • Purchasing and installing a biomass boiler (wood pellet boiler).
  • Changing your heating system.
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Loan terms

  • Intended for the personal needs of private individuals.
  • From 1000 to 20 000 EUR with an interest rate of 5.9% per year.*
  • A loan term between 12 and 84 months, with no collateral or security.
  • Agreement processing fee 2% from the credit amount.*
  • Repay before term at no additional cost.
Apply Apply via Citadele app
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Calculator

1000 EUR
20 000 EUR
12 months
84 months
Annual percentage rate (APR): 10.25 %
Commission fee: 100.00 EUR
Interest rate: 5.90 %
Total loan amount: 5263.96 EUR
Monthly payment
430.33 EUR
Payments schedule
The calculator is for your information only, and each customer’s situation is evaluated individually.
Apply

Loan application process

  • Select the most suitable energy efficiency improvement solution for you. When you buy chosen system be sure that retailers are offering European Union certified purchase and installation.
  • Decide how much you need for a loan.
  • Fill in a loan application online and receive an offer within 10 minutes.
  • Sign a loan agreement and the money will be paid into your bank account within just a few minutes.
  • Pay the service provider and arrange system installation.
  • You must purchase and install your solar panels, a heat pump, a biomass boiler or change your heating system within 3 months of signing the loan agreement.

Didn’t find the answer to your question?

Visit our interactive assistant and find the information you need

Interactive assistant
Will my monthly loan payments be deducted automatically?

Monthly payments will be deducted from your Citadele account automatically, so you must ensure that you have sufficient funds in your account on the date the payment is taken.

Can I repay my loan early, and does this come at an additional cost?

Yes, at any time and without additional fees you may repay your loan in full early by submitting an order for the early repayment of your loan through the online bank or at any branch.

What should I do if, for serious reasons, I am having difficulty making payments on an unsecured loan?

If serious complications have arisen regarding the repayment of your loan, and you are no longer able to continue making scheduled payments as stipulated in your loan agreement, we offer restructuring for your current loans by signing an agreement on loan repayment.

To apply to restructure your unsecured loan, please fill in an application here. We will evaluate each application individually, and after processing your application we will send our decision to your email address and via SMS. If we decide in the affirmative, you will have to sign a new agreement in the online bank. On signing, your previous agreement is voided.

Can I receive a loan if I have no official income?

Citadele encourages responsible borrowing, so if you have no official income, we will be unable to issue a loan to you.

Can I receive a loan if my income is paid into a different bank account?

Yes, you can receive an unsecured loan regardless of which bank your monthly wages are paid into, and even if you are not a Citadele customer.

Car loan or leasing: which should I choose?

To purchase your chosen car, you can select one of the loan types we offer: car loan or leasing.

Car loan is suitable for purchasing a used or lightly used car. A deposit and car valuation is not required, and CASCO insurance is not compulsory. After purchasing the car, you must register it with CSDD to your name. You can apply for a car loan here.

Leasing is suitable for purchasing a new or lightly used car. It is available for financing from 5000 EUR and has a lower interest rate than a car loan. When you complete the transaction, the owner in the car’s registration documents is SIA Citadele Leasing, while you are listed as the operator. You can apply for leasing here.

How get the loan?

Apply for a loan through our website, online bank or mobile app.

More questions
Will my monthly loan payments be deducted automatically?

Monthly payments will be deducted from your Citadele account automatically, so you must ensure that you have sufficient funds in your account on the date the payment is taken.

Can I repay my loan early, and does this come at an additional cost?

Yes, at any time and without additional fees you may repay your loan in full early by submitting an order for the early repayment of your loan through the online bank or at any branch.

What should I do if, for serious reasons, I am having difficulty making payments on an unsecured loan?

If serious complications have arisen regarding the repayment of your loan, and you are no longer able to continue making scheduled payments as stipulated in your loan agreement, we offer restructuring for your current loans by signing an agreement on loan repayment.

To apply to restructure your unsecured loan, please fill in an application here. We will evaluate each application individually, and after processing your application we will send our decision to your email address and via SMS. If we decide in the affirmative, you will have to sign a new agreement in the online bank. On signing, your previous agreement is voided.

Can I receive a loan if I have no official income?

Citadele encourages responsible borrowing, so if you have no official income, we will be unable to issue a loan to you.

Can I receive a loan if my income is paid into a different bank account?

Yes, you can receive an unsecured loan regardless of which bank your monthly wages are paid into, and even if you are not a Citadele customer.

Car loan or leasing: which should I choose?

To purchase your chosen car, you can select one of the loan types we offer: car loan or leasing.

Car loan is suitable for purchasing a used or lightly used car. A deposit and car valuation is not required, and CASCO insurance is not compulsory. After purchasing the car, you must register it with CSDD to your name. You can apply for a car loan here.

Leasing is suitable for purchasing a new or lightly used car. It is available for financing from 5000 EUR and has a lower interest rate than a car loan. When you complete the transaction, the owner in the car’s registration documents is SIA Citadele Leasing, while you are listed as the operator. You can apply for leasing here.

How get the loan?

Apply for a loan through our website, online bank or mobile app.

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* Example: if your interest rate is 5.9% per year, your total loan amount is 5000 EUR, your loan term is 60 months, your commission fee is 100 EUR, your Annual Percentage Rate (APR) is 7.06%, then the total to be repaid for the loan is 5899.60 EUR and the monthly repayment sum is 96.66 EUR.