Enjoy special privileges with the Alpha Student Loan
Alpha Pocket Money Plan
No charge for arrangement fees
No charge for documentation fees
Alpha Bank offers to the students of University of Limassol additional privileges through the Alpha Student Loan.
Alpha Pocket Money Plan. Rewards for the students through the Alpha Pocket Money Plan as follows:
€50 reward every 3 months, for the first 12 months of the loan. Applies to loan amounts from €5,000 up to €20,000.
€50 reward every 3 months, for the first 24 months of the loan. Applies to loan amounts exceeding €20,000.
√ NO CHARGE for arrangement fees.
√ NO CHARGE for documentation fees.
In addition to the above, student privileges include many other benefits and discounts on a broad range of banking products and services, which you can view here.
In case the loan is secured by mortgage:
Warning: The consumer has the right to withdraw from the loan agreement within 5 working days from the signing thereof, provided no amount under the agreement has been disbursed
Warning: If you fail to pay your installments on a regular basis, you run the risk of losing your home
Warning: There are charges for early loan repayment
Warning: The amount of the installment and the total cost of the facility may increase or decrease depending on base rate fluctuations.
In case the loan is not secured by mortgage:
The consumer has the right to withdraw from the loan agreement within 14 days from the signing thereof or from the date of receiving the terms of the loan agreement, in case such date is subsequent to the date of signing of the agreement.
For the terms and conditions of the Alpha Pocket Money Plan, click here.
The Customer's participation in the Alpha Pocket Money Plan is subject to the signed acceptance of the Terms and the relevant signed acknowledgement of the Bank on the Terms document.
Lending Rates and Charges
Information regarding interest rates, any other charges and the Annual Percentage Rate (A.P.R.), using a representative example.
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