Personal Loans

Student Loan

Your education is important. This is why we want to make it easy for you to fund your studies and make the most of your student life. And that’s not all. You’ll also get a current account, debit card, and access to myAncoria for your convenience.


Up to €100,000



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


5 – 15 years

Flexibility options:


A five-year Grace Period on capital (this means you only need to pay the interest during this period) from the start of the loan, or up to one year after you complete your studies (whichever comes first) lets you focus on your education without worrying about your repayments


You have the ability to suspend up to two monthly instalments per year, as long as the Bank is informed at least one month prior the date of the instalment, with a maximum of 24 instalments during the duration of your loan period


Choose between an immediate or graduate disbursement of your loan, depending on your specific needs

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 Student Loan?

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

Additional information:


Student Loans are granted jointly to the student and one or both of the parents


Initial charges:
There are no initial charges on student loans. 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 3.32%
  • No Bank initial charges
  • Other initial charges: €791 (including stamp duty fees/ valuation fees for property mortgaged/ Artemis report)
  • Loan amount of €50,000
  • Loan term of 15 years
  • Security on Loan: Mortgage on property with market value €100,000 and mortgaged value €55,000
  • Assignment of Life Insurance and Fire Insurance of mortgaged property have not been taken into consideration for this calculation

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