Personal Loans

Personal Loan

Whether you need to cover a few extra personal or family expenses, or simply wish to pay off your existing loans to reduce your monthly instalments, the Ancoria Bank Personal Loan offers a range of flexible options.


Up to €30,000



Applicants may choose between a floating rate with Ancoria Bank’s base rate OR Euribor 6 months. View interest rates



APR is calculated based on the representative example shown below


6 months – 8 years

Flexibility options:


You can choose to repay your loan earlier than your agreed repayment schedule, partially or fully*

*In case of early loan repayments, there is the possibility of a prepayment fee. See the relevant formula in our Commissions and Charges table

What securities are requested for a Personal Loan?

First mortgage on immovable property
Lien on a fixed deposit
Life insurance policy on the borrower
Fire and earthquake insurance over the mortgaged property
Any other security or guarantee as required by the Bank

Loan amounts for up to €15,000 may be granted unsecured, subject to the Bank’s approval. In these cases, interest is charged at a higher rate. (For more information on rates, look at our interest rates table)

Additional information:


Initial charges:

  • A processing fee of 1% of the amount of the facility, with a minimum fee of €50, will be charged at the opening of the facility
  • Documentation fees of €50 are applicable to all facilities for individuals that are less than or equal to €30,000, and €80 documentation fees for facilities for individuals that are greater than €30,000
  • For more information on our charges, you can view our Commissions and Charges table
You can view all rates here

Representative example:

At Ancoria Bank we want to make sure you have all the information you need at all times. We’ve provided a representative example, that you can use as a guide.
















**APR (Annual Percentage Rate) has been calculated on 09/03/2020 and is based on the following information:

  • Interest Rate: Euribor 6m as at 09/03/2020 was -0.427% but as per the Bank’s pricing policy Euribor interest rates are floored to 0.00%, so calculations have been made based on Euribor 6m at 0.00% + margin 6.42%
  • Initial charges: Processing fees of 1% charged on facility amount (€200) and documentation fees of €50
  • Loan amount of €20,000
  • Loan term of 8 years

Disclaimer: Ancoria Bank Ltd reserves the right to decline an application/business relationship for legal, regulatory or any other reason and withdraw any plan, at any time. In certain cases, the offer which Ancoria Bank Ltd may make, may differ, following an assessment of your personal financial and other circumstances.
Warning: If you fail to meet your loan repayment plan secured by mortgage, your home/property may be repossessed.
Warning: There are charges for early loan repayment (Find out more at the links: Commissions and charges & Prepayment penalty for fixed rate loans).
Warning: In case of variable interest rates, the instalment amount and total cost of the facility may increase or decrease depending on variations in the base rate.

Are you

thinking about

a loan?

With our Loan Calculator, you can get an instant look at:

  • What your indicative monthly instalment will be
  • Whether you may be eligible for the loan you want

You can then easily request a video or phone call with us to talk more about it. No strings attached.

If you have any questions, or simply need some help to get started

Call us on 8000 0050 or +357 22849000