Choose your plan

Whether you want to cover the cost of holidays or family expenses or just pay off existing loans to reduce your monthly instalments, we have solutions for you tailored to your personal needs. 

 For your personal loan:

  •  You can borrow up to € 10,000 without time-consuming procedures.
  •  The maximum loan repayment term is 10 years.
  •  Loan pricing will depend on any collateral you may provide. In other words if you provide asset-based collateral, by mortgaging a property for example, you will receive a lower interest rate than if you just provided personal guarantees.
  •  To learn more about interest rates and charges click here.

 Green Loan for photovoltaic systems

Photovoltaic systems up to 5kw for household use

Bank of Cyprus supports those of you who wish to apply for the scheme offered by the Ministry of Energy, commerce, industry and tourism. The cost of electricity that will be generated by the system will be deducted from your account with the EAC.

What you need to know:

  • The loan amount is up to €9.000, with only one guarantor and without any contribution.
  • In case of early repayment of the loan there will be no charge
  • The Maximum loan duration is 7 years
  • The loan is addressed only to individuals
  • The interest rate of the loan is Bank Base Rate (BBR) + margin
  • For the application of the loan you  need to present the quotation for the purchase of the Photovoltaic System. With the completion of the instalation proof of payment should be provided.
  • For more information about the scheme of the  Ministry you can visit

    http://www.mcit.gov.cy/mcit/mcit.nsf/All/9097394350BF2C1DC2257EB4004A0668?OpenDocument

 

Warning:
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 loan instalment may be changed by the Lender from time to time.

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