As part of its strategy to offer housing products which cover every need and provide stability and protection, Piraeus Bank has created the new Fixed Instalment housing loan. This new product combines secure fixed instalments with flexible floating rate. This means that, regardless of any variations in interest rates, instalments remain fixed for the entire tenor of the loan.
With the new Fixed Instalment loan, and with the six different products of fixed rate for 1, 3, 5, 10, 15 and 20 years, all customers can find in Piraeus Bank the most suitable loan, with fixed or floating rate, and always with fixed instalments.
For customers who wish to ensure repayment of their loan's instalments, in case something happens to them, Piraeus Bank offers exclusively in Greece the Payment Protection Plan, a plan offered by the Bank for consumer loans. This Plan protects customers against the risks of temporary disruption of employment due to dismissal, hospital care, or temporary disability (due to accident or illness). Therefore, all customers of Piraeus Bank may rest assured that, no matter what happens, their loan instalments are truly protected!