Personal Loan with Deposit or Investment Portfolio as Collateral

A personal loan depending on the amount of your deposits and investments to cover personal and consumer needs. Use it to repay debts to other banks or finance your photovoltaic solutions. It has a low interest rate that varies with the Euribor 1M rate.
INTEREST RATE
Variable
Euribor 1M
LOAN TERM
6 – 180 months
LOAN AMOUNT
from €3,000

depending on your deposits or investments
KEY ADVANTAGES
  • Receive finance with preferential terms and without having to liquidate your deposit/investment portfolio

Advantages

Preferential terms

The Personal Loan offers you financing at preferential rates when you use your deposit or investment portfolio as collateral rather than liquidating it.



Instant quote

Learn about the features of the Personal Loan with Deposit or Investment Portfolio as Collateral without even having to submit a loan application:

  • Visit any Piraeus Bank branch
  • Call us on 18 218, 24/7


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.

Features

Loan amount

From €3.000 depending on your deposits or investments.



Interest rate

The interest rate varies with the Euribor 1M plus a spread, which depends on the type of collateral and its return.

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



Loan term

The term for the Personal Loan with Deposit or Investment Portfolio as Collateral is 6 to 18 months.



Loan approval fee

€100 deducted from the amount disbursed to you.



Disbursement

Immediately, in one single instalment.



Repayment

In monthly instalments that repay interest and capital together. Repayments must be made in the form of standing orders from your deposit account.



Early repayment option

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



Insurance options

The Payment Protection Plan comes as an option. This form of insurance coverage provides compensation for:

  • Dismissal or temporary disability due to accident or illness, for full-time, private sector employees with a contract
  • Hospital treatment and temporary disability due to accident or illness for freelance professionals, civil servants and part-time private sector employees with a contract
The compensation guarantees that:

  • Your Personal Loan with Deposit or Investment Portfolio as Collateral instalments will continue to be paid as normal for a set period
  • Your insurance coverage will apply for the remainder of the plan, if you opt to continue it, even though you have fully or partially repaid the loan