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Individuals Loans
Consumer Loans

Individuals Loans
Consumer Loans

«Pangritia – Fititiko Stirigma»

New Consumer Loan for financing tuition fees and other student expenses

Beneficiaries: Undergraduates and Postgraduates, studying in Greece or abroad*

TARGET CLIENTS

Greek students who are above 18 years of age, studying in educational institutions in Greece or abroad as undergraduates or postgraduates

LOAN AMOUNT

From €1.500 up to €20.000 € per student

LOAN TERM

- From 18 months up to 60 months (for €1.500 to €5.000)

- From 18 months up to 84 months (for €5.000 to €20.000)

INTEREST RATE

Variable
Reference Interest Rate: ECB

INTEREST RATE MARGIN**

From 10,5 % to 12,5%. Interest rates are subject to the Law 128/1975 levy (today 0,60%)

ADVANTAGES
  • No administrative fees
  • Fast approval procedures, immediate disbursement
  • Flexible repayment options
  • No collateral required
  • Optional insurance programs for life protection or coverage against theft/loss of personal items or cards «SynWallet»
  • Option to open the “DYNAMIKO KSEKINIMA” Current Account for Students and have access to its preferential terms. No additional supporting documents required
ADDITIONAL FEATURES
  • Grace period up to 12 months, with payment of interest only.
  • Early repayment (for all or part of the amount ) at no cost
  • Interest rate and loan term can continue after graduation

*A joint debtor is required with whom the student has a legitimate relationship and who is able to actively contribute to the repayment of the loan.

**The interest rate margin is based on client’s profile and the overall relationship with the bank. 

Personal - Consumer Loans

Reference Interest Rate: ECB

INTEREST RATE TYPE

Variable

INTEREST RATE MARGIN *

From 10,00% to 13,00%
(with cash collateral)

From 6,50% to 9,50%
(with collateral)

Employees & Pensioners Receiving Their Salaries And Pensions Via Pancreta Bank

INTEREST RATE TYPE

Variable

INTEREST RATE MARGIN *

From 8,00% to 11,00%
(with cash collateral)

* The interest margin is formulated within the above range based on the credit risk, the profile of the client and the overall relationship with the Bank. 

-  Additional rate rebates can be offered, depending on the borrower’s relationship and cooperation with the Bank, as well as the type of the collateral.

-  The Law 128/1975 levy is added to the aforementioned interest rates.