Piraeus Bank is launching a new package of student loans. They are specifically designed for all types of studies and all ages (school, private tutoring, college, higher technical institutes, universities, in Greece and abroad).
With this product and services package, Piraeus Bank is adopting a major financing policy, similar to that of other European banks, on the provision of facilities to families planning their children’s studies.
Novelties, such as combined coverage of multiple needs, long grace period (up to 4 years), access to financing by low income families, and free internet connection, are the features of this “product package”.
The new package of student loans by Piraeus Bank, includes the possibility to pay the first loan repayment even after the end of the studies, and the total amount of the multiloan may be up to € 18,000. In particular, the Bank offers:
- Stuies 1: for intial expenses, revolving credit of up to € 3,000
- Studies 2: additional expenses financing, personal loan of up to €3,000
- Studies 3: to pay for fees and major purchases, consumer loan of up to € 12,000
The student multiloan, is offered at a rate of only 8.75%, and very favourable approval terms. Morever, by means of this multiloan, young students gain access to other provisions, such as:
- Free internet access via winbank winweb for 3 months
- Possibility to obtain a University Visa card
- Easy and swift transfer of student allowance in foreign exchange