Green consumer loan

Overall APR Example:

• The repayment term depends on the loan amount
• Overall APR Example: 9.76% for €10,000, a total term of 72 months, €150 fees, variable rate, which is the difference between the Base Consumer Loan Rate (BCR), currently at 11.10%, minus a 2.35% 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 0.60%.

€150. Charged upon disbursement.

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

Zero loan application assessment fee for customers participating in the “Exoikonomo” program through Piraeus.

In monthly installments that pay off interest and capital.

The installments are paid by standing order from your deposit account.

The compensation guarantees that:

• Your Green Consumer 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.

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 Payment Protection Plan comes as an option. 

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

Identity card or valid passport

Proof of income as below:

• 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 supporting documents:

• a copy of the supplier's / contractor's / installation company's offer / preference list, for the evaluation of the application
• copy of the invoice or receipt on credit, prior to the disbursement of the loan

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.