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Alpha Car

New car? Youve got the motive!

Now with Alpha Bank youve got the motive to get you going for a new car. The Alpha Car Loan offers a low installment starting from 134 per month, plus many additional privileges and discounts!



Purchase of new car

Purchase of used car


*Fluctuating interest rate for the whole duration of the loan. It fluctuates depending on whether the car to be purchased is new or used and may decrease depending on the amount of the advance payment.


Euro ( EUR )

Minimum Loan Amount


Maximum Loan Amount

Up to 50.000

Up to 20.000

Financing %

Up to 80%

Up to 60%

Maximum Repayment Period

Up to 7 years

Up to 5 years

Early Repayment /
Partial Repayment

No Cost for Early Full or Partial Repayment after the 1 st month from disbursement.

Furthermore, upon the granting of the Alpha Car loan, we offer you the following privileges and discounts:

  • Discount on the comprehensive insurance of your car with Altius Insurance as follows:
    • 50% in the first year
    • 30% in the second year and
    • 25% for the remaining years of the loan
  • Free opening of an Alpha 100 Account
  • Free issuance of an Alpha Bank Enter Mastercard debit card
  • Free entering of standing orders (provided they are entered at the time of opening the account)
  • Free connection to the electronic banking service Alpha Express Banking

Guarantees required:

  • Pledging of financed car
  • Assignment of comprehensive insurance policy for the financed car
  • Any other guarantees that may be required by the Bank

A discount of 0.20% is also offered on the interest rate margin if you purchase a new eco-friendly car as follows:

  • Hybrid vehicle
  • Electric vehicle
  • Twin-propulsion vehicle (i.e. a vehicle propelled by two energy sources, e.g. natural gas, Liquid Petroleum Gas, liquid fuels combined with electricity)
  • Vehicle with low carbon dioxide emissions (=<90g CO2/km)

*For more information regarding interest rates, any other charges and fees and the Annual Percentage Rate of Charge (APRC), using a representative example, please click here.

  • Interest rate: 3,50% (Floating, Eur3m + margin 3,50%), 100,35 Arrangement and Documentation Fees and Stamp Duty Expenses
  • Amount of grant: 10.000
  • Annual Percentage Rate of Charge (APRC): 3,830% (calculated on 28/01/2019)
  • Duration of grant: 7 years (84 months)
  • Total payable amount: 11.278,68, Monthly installment amount 134,27 (84 monthly installments)

The granting of the loan is subject to the assignment of a comprehensive car insurance policy for the financed car. The cost of the insurance premiums cannot be estimated and it is therefore not included in the Annual Percentage Rate of Charge (APRC).

Terms and conditions apply.

Warning: 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.


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