Interest rates and charges

The interest rates for your current account based on the collaterals shown below: 

 

 Interest rates 

 

WITH SALARY DEPOSIT

WITHOUT SALARY DEPOSIT* 

 

Interest Rate

APR

Interest Rate

APR

 With personal guarantees 

Βank Base Rate +2,25%

6,37%**

Βank Base Rate +3,75%

 7,88%**

 With mortgage on property

Bank Base Rate +1,25% 

8,00%*** 

Bank Base Rate +3,25 

10,12%***   

 

Bank Base Rate (BBR)= 3,78%

 

*The pricing will change in case the deposit of your salary ceases for 3 consecutive months. 

**The APR was calculated on 15/09/2017 for a current account of € 5,000, with variable interest rate (as shown on the table above), repayable in 12 months, without initial Bank fees.

***The APR was calculated on 15/09/2017 for a current account of € 5,000 (estimated property value of € 150,000), 12 months repayment, with variable interest rate (as shown on the table above), 1,00% arrangement fees and €50 documentation fees. The APR includes all stamp costs for the documents of the financing, valuation fees and a mortgage registration fee (1%) paid to the Land Registry. The example assumes that the client will provide life and fire insurance which will be assigned and the property will be  mortgaged for the benefit of the Bank.

 

Charges

 

To learn more about the charges, click here.

 

 

 

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

 

You run the risk of losing your real estate assets if you do not keep up payments of mortgage instalments or instalments on any other loan secured by a mortgage on your property.

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