30 July, 2010
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  EDUCATIONAL LOANS
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  GENERAL TERMS AND CONDITIONS  
  CURRENT ACCOUNT SALARY PLUS  
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EDUCATIONAL LOANS
 

Marfin Laiki Bank offers you a wide range of loans to help you pay for one of life’s most important investments – the education of your children.

Whether you need a small loan - repayable in 12 monthly instalments - to cover just one year’s tuition fees (plus a little bit extra to pay for the initial expenses such as books, school uniform etc), or a bigger loan to cover the whole period of study including all tuition fees, accommodation costs, daily living expense etc, we have the ideal solution to meet your needs.

  • Loans from €8.500 to €75.000 per child (maximum €150.000 per family)
  • Loan duration of up to 25 years
  • No contribution required
  • Option to pay interest-only for the first 4 years, or interest only throughout the duration of the loan when you purchase one of our investment-based life insurance plans from Laiki Cyprialife, either Cypria Scholarplan or Cypria Extraplan.
  • Option of a low initial instalment amount, increasing gradually over time in line with your ability to repay.

For university/college students, we are also pleased to offer the "Marfin Laiki Bank Student Package", which covers the overall needs of the modern student, including a pre-approved limit from Laiki Finance for the purchase of a PC, a debit card Whats up 18+ or Whats up 18- connected with a savings or a current account, plus a discount on the commission for the purchase of foreign exchange for the student.

Young people preparing to embark on their studies can now do so comfortably as far as their finances are concerned and enjoy to the full their student years either here in Cyprus, or overseas. And now, the Cypria Student Medicare from Laiki Cypria Life takes even more care of you. The hospital inpaticent plan covers both Cypriot students studying in Cyprus and overseas (with the exception of the United States and Canada), and foreign students studying in Cyprus.

Please refer to the Interest Rates page for a detailed breakdown of all existing interest rates.

For further information:


    call Telebank free of charge on 8000 2000 (+357 22 88 77 66 if calling from abroad)
    visit any branch of Laiki Bank

The Marfin Popular Bank Public Co Limited, as well as any of its subsidiaries, dependent and/or associated companies, reserves the right to reject at its absolute discretion any customer application where the terms and conditions set are not met.

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