What is Greenify?
Turn Big Bills Into Big Savings
We know many people are feeling the impact of rising energy and fuel costs. That’s why we launched Greenify, Palmerstown Credit Union’s lowest-rate loan product at 5.5%, designed to help members make energy efficient upgrades more affordable.
From insulation and solar panels to full home retrofits and electric vehicles, Greenify can help you spread the cost while saving money long term, alongside available SEAI grants and supports.
Greenify Benefits
- Borrow up to €100,000
- Lowest loan rate at 5.5% (5.65% APR)
- Flexible repayment options
- SEAI grants covering up to 45% of costs
- Reduce energy and fuel costs long term
What can I borrow for?
If you are unsure whether your planned project falls under the Greenify Loan category, our team will be happy to help.
In general, projects that improve your BER (Building Energy Rating) or increase the energy efficiency of your home will be considered eligible. We can also accommodate additional home improvement works as part of the loan, provided they make up less than 30% of the overall project cost.
Calculate your RepaymentDiscover our Loans
Find the loan that suits you
Maximum Loan Term :
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.
Rep. Example for Greenify Loan
Loan amount
€30,000
Interest rate - APR
5.65% APR
Loan term
10 Years
Monthly
€325
Weekly
€75
Interest
€9,074
Need more Information?
contact our lending team by email loans@palmerstowncu.ie or by phone at 01 626 5621.
Warning - if you do not meet your repayment, your account can go into arrears. This may affect your ability to take a loan in future.
Warning - Loans are subject to T&C's.
Palmerstown Credit Union is regulated by the Central Bank of ireland. (79CU)
Building Energy Rating (BER)
The best way to find out what improvements can be made to save energy in your home is through a Building Energy Rating (BER) Assessment from an SEAI registered BER Assessor. This report will provide recommendations on energy upgrades and help to guide you in the right direction.
An assessment typically costs about €250 - €350. You can find out if your property already has a valid BER certificate by checking the SEAI National BER Register.
If you are unsure where to start, contact us and we can guide you in the right direction.
SEAI Grants
SEAI grants may cover up to a significant portion of your upgrade costs, helping reduce the overall cost of your home improvement project. It’s worth exploring what grants and supports may be available before starting your upgrade.
- Home Energy Upgrades
- Electric Vehicles
Home Energy Upgrade Advisory Report
Frequently Asked Questions
Everything you need to know
The fastest way to apply for a loan is online through the APP or the website. You can also apply over the phone at (01) 626 5621 or by making an appointment for a time suitable to you.
No. You do not need to save before applying for a loan. We look at your ability to repay and not your savings record or length of membership.
We offer Personal Loans up to €100,000 and Mortgages up to €350,000.
We aim to turnaround our loan applications in 24hrs (subject to Terms & Conditions). To speed up the process, we recommend that members submit all the relevant paperwork along with their application. This can also be done through uploading them through the APP or website or dropping them in the office.
You can also opt to use our Open Banking service that allows us to retrieve your bank statements directly from the bank, hence eliminating the need for printed copies.
Yes. Many members in the credit union apply for a top-up of their existing loan or apply for a new loan before repaying the loan in full.
You can repay your loan by the following methods:
Standing Order
Direct Debit
Online Payments
In Office
Each loan application is reviewed by assessing a number factors, including and not limited to;
- Ability to repay.
- Savings and loan account history.
- We are also required carry out credit checks with the Central Credit Registry (CCR).
Guarantor
In the case where an individual is proposing a guarantor, we must also carry out a similar evaluation of the guarantor’s ability to repay the loan in the event that the member gets into financial difficulty. We do this in order to protect each and every one of our Members’ savings.
We will always encourage members’ who may find themselves in financial difficulty after taking out a loan to engage with us as soon as possible so that we can work with them in coming up with a solution.
Lending Terms & Conditions Apply
Ready to Apply?
To ensure a smooth application process, we’ll ask for:
- 3 most recent payslips
- Proof of any other household income
- Bank statements for the past 3 months
NOTE: Additional documentation may be requested depending on your circumstances.
Once your application and supporting documents are submitted, one of our team members will get back to you as soon as possible with an update.
Apply Now
How to Apply
Apply for a loan either online or in branch.
Let’s Talk About Your Goals!
Our friendly team is here to help you with any inquiries you may have.
