Personal Express is a pioneering and flexible scheme, which combines three credit facilities in one package. It’s quick and easy to set up, with procedures kept to an absolute minimum. You have the option to choose between traditional or electronic accounts - whichever suits you best. We'll respond to your application within 24 hours and your facilities will be available within 2 working days.
TRADITIONAL ACCOUNTS
Current account with Limit
Personal loan with variable or fixed interest rate
- A loan amount of up to 3 times your gross monthly salary, to a maximum of EUR25.629,02/CYP15.000, (if your salary is credited directly to your current account by your employer), or up to 2 times your gross monthly salary, to a maximum of EUR20.503,21/CYP12.000 when you deposit your salary yourself to your current account
- Repayment period of up to 5 years for loans with a fixed interest rate and up to 7 years’ repayment period for loans with a variable interest rate.
Securities
For total facilities of over EUR25.629,02/CYP15.000 (across all three products of the package) an assignment of Term insurance (Cover Plan) and a personal guarantee are required. The Bank retains the right to request any other security that it may deem necessary.
ELECTRONIC ACCOUNTS
Laiki eChecking overdraft account
- An overdraft facility of up to 3 times your gross monthly salary to a maximum of EUR13.668,81/CYP8.000 without the need for securities (when your salary is credited directly to your account by your employer)
- Low debit and high credit interest rates, with no fees or charges
- Chequebook
- Debit card for purchases and withdrawals directly from your account and via ATMs
- You can manage your account (account balance, statement, fund transfers) through the 24-hour Laiki eBank service channel
Laiki eCard credit
- A credit limit of up to 3 times your gross monthly salary to a maximum of EUR13.668,81/CYP8.000 without the need for securities (when your salary is credited directly to your account by your employer)
- Offers maximum flexibility, since you can create or change your eCard by choosing the instalment amount (from 5% of the outstanding balance) and the interest rate
- Preferential interest rates (among the lowest in the market), and no charges
- Choice between Classic or Gold eCard Visa
- You can manage your card (card balance, statement, card payment) through the 24-hour Laiki eBank service channel
Laiki eLoan with deposit blocking or salary deposit
- A limit of up to 3 times your gross monthly salary, to a maximum of EUR13.668,81/CYP8.000 when your salary is credited directly to your account by your employer, and up to €35.000 / CYP20.484,59 with the blocking of deposits.
- Offers maximum flexibility, since you can build your loan by selecting the instalment amount, the interest rate and the repayment period
- Low interest rates (among the lowest in the market) and no charges.
Please refer to page Interest Rates for detailed breakdown of the existing interest rates.
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