The interest rate on an AIB Personal Loan is variable and may change. However, your regular repayments stay the same, so if interest rates rise during the loan term, you will have to make some extra payments at the end of the term. If the rate on your loan falls, you may pay off your loan earlier. You have the option of paying back your loan early or making unscheduled, additional repayments through your branch or Internet Banking at any time with no penalty. The minimum personal loan amount is EUR1,500. The maximum quote available using this calculator is EUR75,000. For amounts greater than EUR75,000, contact your local branch or Relationship Manager.
For more information on AIB Personal Loan interest rates please visit this link: Personal lending Interest Rates
If you wish to apply online please view our next steps section.
The amount you can borrow is based on your capacity to make regular repayments. It's also important not to overstretch your finances and to take into consideration the possibility of future unexpected expenses.
Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security may be required. A typical EUR1500 one year variable interest rate loan will have monthly repayments of EUR134.70 Interest 14.09%, APR (Annual Percentage Rate) 14.87%. If the APR does not vary during the term of the loan the total cost of credit of this loan i.e. total amount repayable less the amount of the loan, would be EUR116.40.
AIB strongly recommends that before purchasing this product that you read the Important Information on your Distance Contract below.