Personal loans

Online through e-Banking

From your mobile through myAlpha Mobile or your computer through myAlpha Web, you can apply for:

• Loan up to €3,000 – myAlpha Quick Loan personal loan
• Loan up to €15,000 without collateral – Alpha Metron Ariston personal loan
• Student loan
• Loan for electric car
• Green loan for the home 

By appointment at a branch

Book an appointment at a branch on the day and time it suits you and bring along the supporting documents.

Over the phone

Call on +30 213 009 5567, daily 09:00-17:00, to apply for any personal loan.

Based on your age

You must be up to 75 at loan maturity.

Based on your finances

The loan payment should not affect your day-to-day life. Take into account all your regular needs and obligations to determine the amount you can pay each month for your loan.

Make your financial planning even easier with the personal loan calculators.

Fixed or floating interest rate

With floating interest rate, the instalment amount will follow the market interest rate. Meaning, it may decrease or increase.

With fixed interest rate, the instalment amount remains the same for a specified period, irrespective of the market trends.

Lump-sum fees

There is a loan processing fee.

The cost changes depending on the loan, the collateral and the amount.

Loans with collateral

If you take out a loan with collateral, there are additional expenses. For example, the fees for mortgage lien registration, due diligence, cash collateral, etc.

Find the right loan for you

Before you apply for a loan, you need to consider:

• What need am I trying to meet – Is it an emergency or one-off need, or something that comes up regularly? Maybe you need a credit card instead of a loan?
• What amount do I need – Do you already have part of, or will you borrow the entire amount?
• How am I going to repay it – Will the loan payments come from your salary or another source, such as rental income, or do you plan on selling an asset? In this case, choose a loan you can repay early at no extra charge.
• How much time do I need to repay the loan – Considering the amount you can pay monthly, how much time will you need in total? 

Personal loan or credit card?

Both are ways you can borrow money. They differ in the way they work and that’s why they meet different needs.

How a personal loan works

You borrow the entire amount from the start and pay it off in monthly instalments with a specific term.

It allows you to:

• Make one-off purchases or expenses.
• Know from the start exactly what you are going to pay and when.
• Secure a longer repayment term.

It is not helpful if you:

• Need the amount in instalments, as you pay the interest for the entire amount from the start.
• Have recurring needs.

How a credit card works

You borrow only the amount you need every time and, if you pay it off, you can borrow again. In other words, you get a credit limit.

It allows you to:

• Simplify your daily transactions, especially the smaller ones.
• Shop in interest-free instalments.
• Pay off sooner when you can. If you pay off the entire balance every month, you pay no interest.
• Secure benefits from loyalty programmes.

It is not helpful if you:

• Plan to pay only the minimum payment every month, as the interest rate is higher.
• Have difficulty with financial planning and monitoring your expenses.