Personal Loan

Personal Loan

For whatever you need or want 

Become a customer

Calculate your loan payment now
A competitive interest rate

Annual nominal interest rate (NIR) from 6,95% and APR 7,18%(1)

From €300 to €24,000 and no application or opening fees

Use the loan however you want and save on application and opening fees.

For up to 5 years

At your own pace, from 12 months to 5 years to repay.

Personalised service

One of our specialists will explain you everything and with no strings attached.

The money you need and with up to 5 years to repay

  • Apply for between 300€ and €24,000 for your studies, a car, holidays or anything you want.

  • Repay the loan over a flexible period of between 12 months and 5 years.(2)

A competitive interest rate without application or opening fees

  • Take advantage of the best interest rates from   (7,18% APR(1)) to 14.25% (15.22% APR), depending on your circumstances.

  • You save on application and opening fees. You will receive the full amount of the loan in your account.

Easy and convenient for you

  • With a personal adviser to explain you all the details and process.  With no strings attached!

 

(1) Annual NIR of 6,95% (7,18% APR). For your loan of €10,000 over 60 months, you must make 60 monthly repayments of €197.78 each. No opening fee. Total amount to pay (capital + interest) of €11,866.80. The interest rate applied may vary up to 14.25% NIR (15.22% APR), depending on the approval of risk by Openbank. For your loan of €10,000 over 60 months, you must make 60 monthly repayments of €233.98 each. Total amount to pay (capital + interest) of €14,038.83. 

(2) Minimum repayment term is 12 months and maximum 5 years, provided that the sum of the holder's age and the term of the loan does not exceed 70 years.

onboarding

Become a customer in just three steps, wherever you are

1

Complete the online form

To become a customer, we need to know a few things about you. Complete the online form and choose your access code.

2

Confirm your identity

Without having to go anywhere. By video call, providing your account number in another bank or with a messenger.

3

Sign electronically

We will send you an SMS text with a security code in order to access your contract so that you can sign it online.

Watch video Become a customer

Do you want to learn more about the Personal Loan?

How much money can you apply for and how long can you take to return it?

The minimum amount is €300 and the maximum is €24,000.

The minimum repayment period is 12 months and the longest is 5 years, provided that the sum of the holder's age and the term of the loan does not exceed 70 years.

If what you need is financing for the purchase of a home, check all the conditions of our mortgage loan here.

What is the interest rate on the Personal Loan?

The Personal Loan has a very competitive nominal interest rate, from 6.95%NIR (7.18% APR(1)). 

For example for a personal loan of €10,000 over 5 years, your monthly repayments will be €197.78. No opening fee. The total amount owed, including principal and interest, would be €11,866.57.

(1) Annual NIR of 6,95% (7,18% APR). For your loan of €10,000 over 60 months, you must make 60 monthly repayments of €197.78 each. No opening fee. Total amount to pay (capital + interest) of €11,866.8. The interest rate applied may vary up to 14.25% NIR (15.22% APR), depending on the approval of risk by Openbank. For your loan of €10,000 over 60 months, you must make 60 monthly repayments of €233.98 each. Total amount to pay (capital + interest) of €14,038.83. 

What fees does the Personal Loan have?

  • Application fee: 0%
  • Arrangement fee: 0%
  • Early repayment fee: 0.50% (if there is less than one year until the loan matures) or 1% (if there is more than one year) of the amount of the loan repaid early.

How can you apply for a Personal Loan?

If you want to apply for your Personal Loan for studying, a trip, to refurbish your house, a car, etc..., you can do it through our Website, App or by calling us on 91 276 21 36.

Do you need more information?

We make it easy for you. Call us on 91 276 21 36. Our team of professionals will help you with everything you need.

How much money can you apply for and how long can you take to return it?

The minimum amount is €300 and the maximum is €24,000.

The minimum repayment period is 12 months and the longest is 5 years, provided that the sum of the holder's age and the term of the loan does not exceed 70 years.

If what you need is financing for the purchase of a home, check all the conditions of our mortgage loan here.

What is the interest rate on the Personal Loan?

The Personal Loan has a very competitive nominal interest rate, from 6.95%NIR (7.18% APR(1)). 

For example for a personal loan of €10,000 over 5 years, your monthly repayments will be €197.78. No opening fee. The total amount owed, including principal and interest, would be €11,866.57.

(1) Annual NIR of 6,95% (7,18% APR). For your loan of €10,000 over 60 months, you must make 60 monthly repayments of €197.78 each. No opening fee. Total amount to pay (capital + interest) of €11,866.8. The interest rate applied may vary up to 14.25% NIR (15.22% APR), depending on the approval of risk by Openbank. For your loan of €10,000 over 60 months, you must make 60 monthly repayments of €233.98 each. Total amount to pay (capital + interest) of €14,038.83. 

What fees does the Personal Loan have?

  • Application fee: 0%
  • Arrangement fee: 0%
  • Early repayment fee: 0.50% (if there is less than one year until the loan matures) or 1% (if there is more than one year) of the amount of the loan repaid early.

How can you apply for a Personal Loan?

If you want to apply for your Personal Loan for studying, a trip, to refurbish your house, a car, etc..., you can do it through our Website, App or by calling us on 91 276 21 36.

Do you need more information?

We make it easy for you. Call us on 91 276 21 36. Our team of professionals will help you with everything you need.

Other products that might interest you

Reap the rewards when your salary is paid into Openbank
Open Payroll Account

Reap the rewards when your salary is paid into Openbank
Overdraft protection, the ideal solution for the unexpected
Overdraft Protection

The ideal solution for the unexpected
Open Credit Card
Open Credit Card

Buy now and decide when to pay

If you want to apply for your Personal Loan, you can request it here.