- For your car, wedding, health, hobbies, studies or anything else.
- Pay it back from 12 months up to 5 years.
- No need to take out additional insurance or credit cards.
- No arrangement or application fees. Fees applicable for partial and/or full early repayment3.
- Send us your latest payslip, tax return and employment history report.
- You must be employed or a pensioner.
Apply for your personal loan in 4 simple steps
Had second thoughts?
You have 14 days as from the date you signed the loan agreement to withdraw from it without incurring cancellation fees. You’ll only need to pay the interest accumulated while the money was in your account. You can see how to do it in the Standard European Consumer Credit Information (SECCI) of your loan.
1 Annual NIR of 6.95% (7.18% APR). Representative example for a loan of €10,000 to be repaid over 60 months: you must pay 59 monthly repayments of €197.78 and a final instalment of €197.53. No arrangement fee. Total amount payable (principal + interest) of €11,866.55. Total cost of the loan (interest) €1,566.55. French amortisation schedule.
2 Minimum repayment period of 12 months and maximum period of 60 months (5 years), provided that the holder is under 70 years old throughout the entire duration of the loan.
3 Applicable fee for early repayment (full and/or partial): 0.50% (if less than one year left until the end of the loan term) or 1% (if more than one year left) of the amount of the loan that is repaid in advance.
4 Pre-approval will be issued on the presumption of the accuracy of the information provided to date and will be subject to the subsequent performance of a comprehensive risk analysis by the Openbank risk department, once the necessary information and supporting documentation has been obtained. Accordingly, pre-approval is of an indicative nature and does not in any event constitute a binding offer nor a confirmation of the granting of the loan. Accordingly, Openbank shall not be liable for the final refusal of the loan or the terms of an eventual subsequent binding offer differing from those described depending on market conditions or having obtained additional information about their preferences and financial conditions. Therefore, the applicant or any other recipient must take all necessary precautions before using the data contained in the pre-approval letter, which they use at their own risk.
How much can you apply for?
You can apply for a minimum of €300 up to a maximum of €24,000.
How long can you repay it over?
You can repay your personal loan in a period of 12 months to 5 years, provided you are over 18 years old and your age plus the selected term does not exceed 70 years.
What fees does the personal loan have?
- Application fee: 0%
- Arrangement fee: 0%
- Applicable fee for early repayment (full and/or partial): 0.50% (if less than one year left until the end of the loan term) or 1% (if more than one year left) of the amount of the loan that is repaid in advance.
What interest rate does the loan have?
Interest rate from 6.95% NIR (7.18% APR). The final interest rate of the loan may vary according to the risk analysis carried out by the bank. Upon signing the agreement, this interest rate will remain the same throughout the entire loan term.
Representative example for a loan of €10,000 over 60 months: you will have to make 59 monthly repayments of €197.78 each and a final repayment €197.53. No arrangement fee. Total amount to pay (capital + interest): €11,866.55. Total cost of loan (interests): €1,566.55. French amortisation schedule.
How can you apply for a personal loan?
You can apply for your loan in the Customer Area of the website and app, or by calling 91 276 21 36 or 900 100 349. Still not an Openbank customer? Open a Current Account in a few simple steps.
Need more information?
We make it simple. Call us on (+34) 91 276 21 36 or (+34) 91 177 33 10 and our team of professionals will help you with everything you need.