LOAN PURPOSE
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INTEREST: Variable from 3,50%
TERM: up to 20 years LOAN AMOUNT: up to €80.000 |
FEATURES
Total interest is calculated on the basis of 6M Euribor (minimum Euribor rate 0%) or PRIME Rate. PRIME Rate: 3,8985% (valid from 16 of November 2020). |
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Loan Term | ||||||||||||
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Beneficiaries | ||||||||||||
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Collateral | ||||||||||||
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Disbursement | ||||||||||||
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Grace period | ||||||||||||
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Repayment | ||||||||||||
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Early Repayment | ||||||||||||
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Property insurance | ||||||||||||
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Life insurance | ||||||||||||
To ensure the complete protection of the property acquired, Ethniki Insurance also undertakes to pay up the remaining loan balance, in the event of the borrower’s death due to illness or accident during the loan repayment period. |
USEFUL INFORMATION
For quick evaluation of your application when visiting the branch please bring with you the following documents. |
Identification Documents |
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Income Documentation |
Salaried employees
Sole proprietors/ Freelancers
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Purpose of Credit Documentation |
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TERMS AND CONDITIONS APPLY
For more information and full terms and conditions, you can contact any branch of the National Bank of Greece (Cyprus) Ltd.
Our interest rates depend on your financial data and the amount of your loan and may differ from the above representative rates.
The Bank reserves the right to reject any application at its sole discretion and withdraw any plan at any time.
The interest rate and the installment of the student loan may be modified by the creditor from time to time.
Loans secured by mortgage are only available where the applicant provides the National Bank of Greece (Cyprus) Ltd with asset-based collateral which in its view is satisfactory. You run the risk of losing your real estate if you do not normally pay the installments of the student loan backed with mortgage on your immovable property