«Once-and-for-All» Balance Transfer Program

Balance Transfer Program on favorable terms for the repayment of performing loans and credit cards from other banks with fixed or variable interest rate. The loan features can be customized to suit your needs and your profile.
INTEREST RATE
Fixed
from 9,70% to
11,75%

or

Variable
from 8,90% to
11,00%
LOAN TERM
Up to 120 months
LOAN AMOUNT
From €1,500

up to €40,000
KEY ADVANTAGES
  • Lower monthly instalmentη
  • Long repayment period
  • Option of additional cash for any personal and consumer needs
INTEREST RATE
Fixed
from 9,70% to
11,75%

or

Variable
from 8,90% to
11,00%
LOAN TERM
Up to 120 months
LOAN AMOUNT
From €1,500

up to €40,000

KEY ADVANTAGES
  • Lower monthly instalmentη
  • Long repayment period
  • Option of additional cash for any personal and consumer needs

Advantages

Lower monthly instalment

Consolidate your performing debts in just one low installment and benefit from favorable terms for the entire duration of your loan

 

Personalized pricing

The interest rate of your loan matches your profile:

  • Your needs
  • Your economic capabilities
  • Your relationship with Piraeus Bank
  • Your credit rating with any bank


Interest rate choice

You have the option to choose fixed or variable interest rate


Flexible finance

The balance transfer programme «Once-and-for-All» offers you financing with low interest rate and favorable terms, to consolidate your performing debts from other banks for:

  • the repayment of consumer loans and credit cards
  • option of additional cash for any personal and consumer needs that may arise


Instant quote

Learn about the program’s features without even having to submit a loan application:

  • Visit any Piraeus Bank branch
  • Call us on 210 32 88 000, 24/7

Features

Loan amount

From 1.500€ to 40.000€



Interest rate

For the entire loan term, you may opt for:

  • Fixed rate from 9,70% to 11,75%

    • or 

  • Variable rate from 8,90% to 11,00% 
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 Profile Personal Loan.



Loan term

The loan term depends on the loan amount and the interest type you have chosen:

Fixed interest rate
  • from 6 to 60 months – for loan amount 1.500€ to 6.000€
  • from 6 to 96 μήνες – for loan amount 6.001€ to 40.000€

Variable interest rate
  • from 6 to 60 months – for loan amount 1.500€ to 6.000€
  • from 6 to 120 months – for loan amount 6.001€ to 40.000€



Grace period

Option of getting grace period from 1 to 12 months with interest only payments



Loan approval fee

€200 deducted from the amount disbursed.


Disbursement

One-off disbursement of the total amount of the loan.


Repayment

In monthly instalments that repay:

  • Interest and capital
  • Only interest, for the entire duration of the grace period
The loan repayment is made by your deposit account in the form of standing orders



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 loan 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.
  • Accident death insurance (for all employees)
  • Total Permanent Disability due to Accident (for all employees)

How to get it

To learn more about the Consumer Loan for Knowledge and Skills and apply for one:

  • Visit any Piraeus Bank branch
Find your nearest branch

Find out the supporting documents you need to provide to us in case you are not a Piraeus Bank’s customer or even if you are a Piraeus Bank’s customer and the identification documents you have provided to the Bank may not be valid as they are outdated.