Consumer loan for Knowledge and Skills

€1,500 - €40,000

Specifically:

• €1,500 - €40,000 and up to 100% of the cost of the program and provision of additional liquidity up to €6,000 to cover any expenses such as equipment, books, rent, transportation, etc., without requiring additional supporting documents

Overall APR Example:

(Overall APR):13.19% for €10,000, a total term of 72 months, 150€ fees, variable rate, which is the sum of the Base Consumer Loan Rate (BCR), currently at 11.10%, plus a 0.75% spread, readjusted based on the fluctuations of the Euribor 1M rate. This readjustment may also differ by + 0.5% in addition to the fluctuations. Interest rates are also subject to the Law 128/1975 levy. Today it stands at 0.6%.

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Option of granting a grace period for amounts over €3,000.

• For €3,000 to €6,000 - from 1 to 24 months
• For €6,001 to €40,000 - from 1 to 48 months

€150

They are collected when the loan is disbursed from the deposit account you have chosen as your servicing account.

In monthly installments covering:

• Interest and capital
• Interest only, if there is a grace period

Information about your loan installment

• The installments are paid automatically from your linked bank account.
• Each installment is paid on the same date of each calendar month
• The instalment is based on the amount, loan tenor and interest rate of your loan
• The amount of the installment may change, depending on the fluctuation of the lending rate

The compensation guarantees that:

• Your Consumer Loan for Knowledge and Skills 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.

This form of insurance coverage provides compensation for:

• Dismissal and temporary disability due to accident or illness - for full-time, private sector employees with a contract
• Hospitalization and temporary disability due to accident or illness - for freelancers, civil servants and part-time private sector employees with a contract

The Payment Protection Plan is offered on an optional basis.

It is addressed to customers aged 18-70 years old (at the end of the loan), who:

• declare permanent residence in Greece
• have a tax residence in Greece

Valid Identity card or passport

• Last year's statement of account
• Latest payroll receipt or official pay slip from the company's accounting department (not handwritten), which should include detailed professional data - date of hiring, gross and net earnings, insurance deductions, tax

If you keep your payroll at Piraeus or are a civil servant, you are not required to submit a payroll statement.

Last year's statement of account

Additional documents may be requested on a case-by-case basis for the evaluation of the application.

Additional documents:

• A certificate proving your participation in the program/seminar/faculty course or your student status.

Find out about the documents that you need to provide us in case you are either not a Piraeus Bank customer or you are a customer, and the certification documents you have provided us with are missing or may not be valid.