Limited time offer on personal loans

August 26, 2015
June 20, 2023
Limited time offer on personal loans

For a limited time, customers applying for a Personal Loan from Banif Bank will benefit from an advantageous rate of just 5.99% p.a.*

Along with other products under the ‘Personal Loans Plus Protection’ line, the Personal Loan from Banif Bank can be taken to finance various projects and purchases. Customers can borrow up to 100 per cent of the value of the amount, provided it is between €1,000 and €30,000, and benefit from lower monthly repayments by spreading the loan over a period of up to 7 years. Extra repayments may be made to settle the loan earlier without incurring any costs.

Loan from Banif Bank includes an insurance policy taken out by the Bank in its name, which protects customers and their families in the case of unforeseen circumstances such as accidental death, temporary or permanent total disablement or redundancy.

“The rate we are offering, together with the added protection provided by the insurance policy, undoubtedly gives us an edge in the market,” said Dirk Spiteri Lucas, Head of Business Strategy at Banif Bank. “The Personal Loan is a very flexible product which can be used to upgrade your lifestyle in a variety of ways, such as home improvement, weddings, holidays, jewellery, digital equipment and more. At 5.99% p.a., this is the time to give life to projects and ambitions.”

The product’s marketing has been enhanced by a new visual concept, and the TV commercial features a track off The New Victorians’s new album, through the Bank’s collaboration with the upcoming local band.

More information about the Personal Loan from Banif Bank, including the terms and conditions, are available from the Bank’s website Clients may also contact Customer Care on 2260 1000 or visit any Banif branch.

*The loan is subject to the Bank’s lending criteria. A typical example is based on a loan of €10,000 repayable through monthly instalments of €146.44 over a period of 7 years at a variable interest rate of 5.99% p.a. Loan is subject to an administration fee of 4% on the monthly instalment. The total sum payable throughout the term of the loan is €12,792.71, with an APR of 7.86% p.a. ‘Personal Loans Plus Protection’ incorporate an insurance cover that protects clients in case of accidental death, temporary or permanent total disablement or redundancy. Banif Bank (Malta) plc shall be the policy holder. Details relating to the policy are available on the Bank’s website ( Banif Bank (Malta) plc is a credit institution licensed to undertake the business of banking by the MFSA in terms of the Banking Act 1994. Registered in Malta C41030 – 203, Level 2, Rue D’Argens, Gzira, GZR 1368, Malta.