It's your Mortgage Day!
Loans over €10,000 at 6.3% APR with a KBC Current Account
KBC Bank Ireland has announced a limited offer with the lowest personal loan rate of any bank on the market of over €10,000 at 6.3% APR. This latest offer from KBC Bank coincides with the lowering of mortgage rates for both new to bank and current KBC mortgage customers.
This new personal loans rate is a limited offer and is available until 15th December 2016.
KBC Bank Ireland said that all customers will receive a decision on their loan application within 24 hours, with instant decisions possible in at least half of all customer cases. Upon offer, KBC will issue the loan contract immediately by email, and will accept signed loan agreements returned by email.
Eddie Dillon, Director of Products, KBC Bank Ireland, said: “Whatever the reason for a personal loan, customers want attractive rates, a hassle free application process, and quick approval times. Our personal loan offer guarantees the lowest bank rate in the market, with a decision on an application within 24 hours.
“Those who hold or open a KBC Current Account can avail of a 1% discount, making our rates as low as 6.3% APR. It all adds up to a better deal for borrowers at KBC. And with our fixed rate, customers know exactly what their monthly repayments will be. This is the latest in a series of reductions across our loan products as we acknowledge and reward the loyalty of our existing customers while giving new customers a really compelling reason to move to KBC”
“As a digital bank with a physical network, customers have the option of applying for a loan entirely online or in person at any of KBC’s 15 hubs in towns and cities across the country,” added Mr Dillon.
Research* by KBC Bank Ireland previously found that the majority of customers (88%) apply for a loan on mobile or desktop and half opted for a bank that offered a quick turnaround on a decision. Some 53% of those who had taken out a loan did not know what interest rate they paid.
Elsewhere more than a third of people (35%) who have taken out a personal loan purchased a new or second hand car, with a quarter carrying out home improvements.
Customers can find out more about this special offer online at kbc.ie, by calling 1800 51 52 53 or from any of KBC’s 15 Hubs around the country.