Established on June 3, 1765, Lloyds bank has been serving British businesses, households, and communities for more than 250 years. The bank’s goal is to help people of Britain achieve the things that are most important to them.
The bank offers a complete package of financial services and products. These include current and savings accounts, mortgages, credit cards, and loans (such as personal loans of up to €20,000).
Lloyds Bank allows online loan applications for borrowers who are over 18 years old, current account holders for more than one month, and residents of the UK. The loan amount and the applicable interest rates will depend on the borrower’s circumstances and the bank’s assessment. The bank provides instant decisions on loan applications online.
Lloyds Bank Loan Offers
Lloyds Bank offers various types of loans to fit your particular needs, including personal loans and flexible loans. You are eligible to get an online quote if you have been a current account holder for at least a month. The best part is, you can get your money within minutes.
- Personal Loan – The loan is exclusive to current account holders of the bank for 1 month or more. Applicable APR is 3.9%. You can apply by phone or online. You can manage your loan via the bank’s internet banking facility. Early loan settlement is allowed, but you may be charged with interest for up to 58 days.
- Flexible Loan – The loan is exclusive to current account holders of the bank for 1 month or more. Applicable APR is 4.6%. Only in-branch application is allowed. You can manage your loan account via phone and internet banking, and through the branch. You can settle your flexible loan early without incurring penalties or charges.