Solar Panel Loan

Save money and energy, invest in Solar Panels.
Aruba Bank is a socially and environmentally conscious business. As such we have developed green products and initiatives that allow us and our customers to become more energy efficient and sustainable.

Apply online for a Solar Panel Loan or visit one of our branches.

solar-panel-loan-inner

Benefits

  • Reduce the negative environmental impact
  • Attractive interest rate
  • Financing up to AWG 45,000
  • Why choose Solar Panel Loan
  • Requirements

  • Save money on utility bills

  • Same interest rate as existing Aruba Bank Mortgage applies*

  • Personal Loan up to 5 years

  • Financing up to AWG 45.000,- 

Note: An effective interest rate in the range of 10.18% - 10.31% is applicable in the case of a mortgage held at another financial institution.


Online Access

View up-to-the-minute transactions, receive e-mail alerts, and access your account statement with Aruba Bank’s free 24/7 Aruba Bank Online® service or Aruba Bank App®.

Requirements 

  • Must be above the official legal age of 21
  • Must have a stable income

Bring the following to your appointment:

  • A copy of a valid ID
  • Two salary slip copies if paid monthly or four if paid bi-weekly or income tax declaration
  • A reference letter from your employer
  • Appraisal report of the property (not older than 6 months since the date of creation)
  • Your work permit (Non-Dutch Citizens)
  • Proof of residency for non-Aruba Bank clients (Censo letter or the latest WEB, Elmar or Setar bill in your name)
  • Solar Panel Quotation from supplier

* Please note that specific documents and conditions are applicable to open a non-resident account. Call our Contact Center at 527 7777 for more information.

Disclaimer: This product is open to all customers and new customers of Aruba Bank until further notice. Aruba Bank reserves the right to withdraw the product at any time. Any such notice will be announced in the newspapers, TV, radio or website. The interest rate will be the same as the interest rate on the current mortgage held at Aruba Bank. An effective interest rate in the range of 10.18% – 10.31% is applicable in case of a mortgage held at another financial institution. The Loan to Value of the existing mortgage should not exceed 80%. A maximum term of 5 years is possible. A balance protection fee between 3% and 4.50% is applicable for this loan. Upon granting the loan, same conditions as mentioned in the Aruba Bank’s General Terms and Conditions are applicable. Prepayments are allowed. In case of early loan repayment, the Bank will charge a prepayment penalty of 3 % on the outstanding balance with a minimum of Awg. 500.00.

Useful Tips

Get our Aruba Bank App® and check your balance or make transfers on-the-go. 
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Do you have questions?

Call our Contact Center during office hours and extended hours at (+297)527 7777.

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