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BOV Personal Financing
Do you need financing? Whether it is to buy a car, a home or finance your studies, we at BOV can help you. Find out how.
BOV Eco Loan - Special Scheme

Bank of Valletta can help you finance the purchase of photovoltaic systems and solar water heaters through the BOV ECO Loan – Special Scheme.  

The BOV ECO Loan – Special Scheme provides an affordable, customised solution designed to help you finance the purchase of photovoltaic systems and solar water heaters, whilst safeguarding our environment.  You may also eligible to benefit from the grant amount of up to €2,300 and PV Feed-in-Tariff of 15c5 for the first six years.

Terms & Conditions
Apply Now

Amount borrowed 
The BOV ECO Loan – Special Scheme requires no security and can be used for purchases between €1,000 and €15,000. 

Repayment Terms

Repayments may span up to a maximum period of 3 years through monthly instalments which will be exclusive of interest given that interest on the loan will be paid by the retailers participating under the scheme. Hence, the amount you pay every month is determined by the invoice amount less REWS grant (if applicable) divided by the monthly selected term (up to 36 months).  Should you decide to repay the loan before the stipulated term, whether in one lump sum or by increasing your monthly instalments, no penalties or additional fees apply.

Processing Fees

No processing fees apply. There are no hidden fees and no extra costs.

Qualifying for the Loan
To apply for the BOV ECO Loan – Special Scheme, we require that:
  • you are over 18 years of age 
  • in regular full-time employment or receiving a regular income / pension
If you answer ‘yes’ to both questions, kindly visit the BOV Branch of your choice, where our representatives will be happy to assist.

To apply for the BOV ECO Loan – Special Scheme, you will require:

  • Your I.D. Card
  • Evidence of income - FS3 or Profit & Loss Account together with the Inland Revenue income and self-assessment form submitted to the Inland Revenue or evidence of pension
  • Proforma invoice duly marked by your retailer and noting the REWS grant amount (if applicable)

The BOV ECO Loan – Special Scheme makes green financing pay by offering you:

An unsecured facility for €1,000 to €15,000 – no down payment required.

  • Interest due on the loan is settled in full by the retailers participating under this scheme
  • No processing fees
  • Repayment period of up to 3 years 
  • Full finance
  • Loan may be granted on unsecured basis
  • Fast processing of your application

In addition, you may benefit from the following:

  • pay off the loan at any time, without incurring any early repayment fee
  • administer and monitor your account by means of our BOV 24X7 Services and
  • direct credit of salary/pension to your BOV account 
  • Free Life Cover 


The BOV Eco Loan – Special Scheme is not subject to a processing fee whilst interest on the loan is paid by retailers participating under this scheme.  The Bank, however, reserves the right to charge penalty interest of 6.7% per annum and/or fees to customer if loan is not being repaid in line with the Sanction Letter regulating the loan issued under this scheme. 

Whilst loans under the scheme are normally issued on unsecured basis, the Bank reserves the right to request collateral if customer’s sole income is from pension, if the term of loan exceeds customer’s age of 65 years or if a secondary source of repayment is warranted. 

All loans are subject to normal bank lending criteria and final approval from your BOV Branch.  Terms & Conditions apply. 

To be eligible to apply for a loan under this scheme, purchase of PVs or Solar Water Heaters is to be effected from one of the retailers participating under the BOV ECO Loan – Special Scheme.

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Then, choose your next step from the options available below:

  • visit the BOV branch of your choice to receive a personalised BOV ECO Loan – special Scheme quote. 
  • Call our Customer Service Centre on 2131 2020 between Monday and Saturdays, from 8.00am to 8.00pm (excluding Bank and Public Holidays)
  • send us an e-mail 

• click on the ‘Get in Touch’ icon on the right hand side and submit your query and contact details. We’ll contact you as soon as possible




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Personal Loans Life Cover
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BOV ECO Loan - Special Scheme Participating Retailers
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BOV Eco Personal Loan Special Scheme Prod Info Guide
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Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).