Payroll Personal Loan

1.500€ - €40.000

6 - 96 months, depending on the amount of the loan.

Specifically:
from 6 to 60 months for amounts up to 6.000€
from 6 to 96 months for amounts from 6.001€ to 40.000€

Note:
The age of the borrower at the end of the loan cannot exceed 70 years.

• If you choose a floating rate loan, you benefit from a 1 percentage point discount on the current floating interest rate of the product, currently 13.55%
• To the interest rates is added the levy of Law 128/75, currently 0.60%
  
   

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 amount of the installment may change, depending on the fluctuation of the lending rate
• The instalment is based on the amount, interest rate and duration of your loan
• The amount of the instalment may vary, depending on the fluctuation of the lending rate if it is floating

Full or partial early repayment at any time at your request:

• For a loan with floating interest rate - without charge
• For a loan with fixed interest rate - with an additional charge

The compensation guarantees that:

• Your Payroll Personal 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.

Last year's statement of account.

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

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.