Interest rates and charges

Both the interest rates and the charges are shown in detail below.

Interest rates

 

Type of car 

Contribution

Pricing (variable interest)

APR

 Estimated monthly  instalment 

 Total Payable amount

New

 From 50%

ΒBR + 0,50%

4,49%

 €279,02

€16.738,62

 35% - 49%

ΒBR + 0,75%

4,75%

 €280,73

€16.840,89

 Up to 34%

ΒBR + 1,25%

5,28%

 €284,16

€17.046,69 

Used

 From 50%

ΒBR + 1,25%

5,28%

 €284,16

€17.046,69 

 35% - 49%

ΒBR + 1,75%

5,80%

 €287,62

€17.253,96 

 Up to 34%

ΒBR + 2,25%

6,33%

 €291,11

€17.462,74 

  •  The Bank’s Base Rate (BBR) on 15/12/2016= 3,9036%. The APR (annual percentage rate) and monthly instalment have been calculated on 15/12/16 for an amount of €15,000, repayable over 5 years, with variable interest rate based on the Bank’s Base Rate + margin (which depends on the type of car and the contribution) and no initial bank fees
  • Repayment: up to 5 years for a used car and up to 7 years for a new car

 

 

Warning:
The financing is based on HIRE PURCHASE terms and conditions.

The Bank reserves the right to turn down any request at its discretion and to withdraw any product at any time. The interest rate and instalment may be changed by the Lender from time to time.

CONTACT US 800 00 800 / (+357) 2212 8000 EMAIL US