Having chosen a mortgage loan from Alpha Bank, you may take the opportunity of using Alpha Initial Installation Expenses Consumer Loan to move into your new home, without worrying about your initial settling-in costs, furniture or home electrics!
Amount of Loan: From Euro 1.500 to Euro 10.000.
Nominal Interest*: Fixed for all loan duration today 9.75%. (* plus the contribution of Law 128/75, 0.60%)
Duration: From 6 to 96 months. Application Fees: Euro 80 for amounts up to Euro 5,000 and Euro 120 for amounts over Euro 5,000.
Amount of monthly instalment: If you wish to calculate the monthly instalment and the length of the reimbursement period
Submission of an application form: Apply now through the 405Branches of Alpha Bank.
Loan Insurance: A loan insurance programme, with a very competitive price, which is addressed exclusively to Alpha Bank consumer loan holders. This programme insures you and your family against accidental and unpredicted events that could hinder the regular payment of your consumer loan instalments.
Way of servicing: You can choose monthly amortisations instalments, the settlement of which will be realised at the Alpha Bank Branches' counters, or a standing order from a deposit account that you hold with the Bank, or cards issued by the Bank through the ATM, or Alpha Web Banking ´r by depositing through the Automated Cash Transaction Centres (ACTC).
Total Annual Cost:
Fixed interest rate Total Annual Effective Rate, 11.42%. For a loan of Euro 6.000, repayment period of 48 months, and fees of Euro 120 (contribution of Law 128/75, 0.6% included).