Open Personal Loan

An open personal loan with immediate access to cash to help you cover regular or emergency personal and consumer expenses.
From 14.25%
from €1,500

Up to €20,000

  • Immediate access to cash
  • Cash for emergencies
  • Minimum monthly instalment
    of 1.5% or 3%


Immediate access to cash

The Open Personal Loan offers you immediate access to an approved amount so that you can withdraw cash or shop using your Visa Debit card.

  • Use it to cover emergencies or regular expenses

Flexible repayment

With the Open Personal Loan you pay:

  • At least the minimum instalment each month, which is 1.5% or 3% of the loan amount, with a minimum of €25.
  • Any additional amount you wish without notifying the Bank in advance

With every payment you make you can reuse the amount without time-consuming procedures and extra expenses.

Visa Debit card

We issue a Visa Debit card for you if you do not have one already. It offers you 24-hour access to your Open Personal Loan account:

  • To deposit and withdraw cash at ATMs
  • To shop at stores by direct debit of your account

Instant quote

Learn about the features of the Open Personal Loan without even having to submit a loan application::

  • Visit any Piraeus Bank branch
  • Call us on 18 218, 24/7
  • We give you a written quote that is valid for 5 calendar days. That gives you time to weigh up your options and reach your decision

Service every step of the way

Our experts will explain your options and the procedure. They will help you apply for and monitor your loan.


Loan amount

From €1,500 to €20,000 depending on your needs.

Interest rate

The interest rate is variable and depends on the Open Personal Loan amount.

Loan amount Interest rate
From €1,500 to €3,000
From €3,001 to €6,000
From €6,001 to €15,000
From €15,001 to €20,000

Interest rates are also subject to the Law 128/1975 levy. Today it stands at 0.60%. 

See an example of the overall APR for the Open Personal Loan.

Loan term

The Open Personal Loan is reusable and has an indefinite repayment term.

In all cases, when you repay the last instalment, you (the borrower) must not be aged over 65.

Annual fee

The annual fee is €70 and is paid  the birthday date of the first use.

Loan approval fee

€200 paid on the first use. 


You choose the minimum monthly payment when you apply for an Open Personal Loan. This payment is a percentage of your total debt (capital and interest) and is:

  • 1,50% or
  • 3%

Early repayment option

You can repay all or part of the amount at any time at no cost.