Tailor your loan
If you're looking for a little something extra or planning for the future, you can turn your plans into reality with a loan. Please choose the option that works best for you.
Calculate your repayments
Enter a couple of details below to estimate your repayments
This information is provided for illustrative purposes only. It does not constitute a contract. We are not recording and will not use the information quoted by you in this calculator. The results are based on the current offered rate for the loan type selected, which is variable. Certain assumptions have been made when calculating these amounts including that the loan is drawn down today and that the first repayment is made based on the frequency you have selected. If you have selected a monthly repayment frequency and you are using this calculator on the 29th, 30th or 31st of a month which precedes a month which doesn’t have the same number of days, it is assumed your first repayment will be the last day of the following month. Any change in the interest rate, drawdown day, first repayment date, or repayment frequency will change these figures. The total amount repayable and cost of credit are based on the assumption that the interest rate remains unchanged for the duration of the loan term. The APR (Annual Percentage Rate) quoted for personal loans is based on a typical loan with a variable interest rate in line with the loan type selected and is not specific to the loan details you have entered. APR stands for Annual Percentage Rate (APR) which is the total cost of your loan over its term, taking into account both interest rate charged and other fees, as well as whether interest is charged monthly or quarterly. AIB calculates interest on a daily basis.
Have you received One Stop Shop Document?
Select the correct option based on whether or not you have received one stop shop document.
Are you already an AIB customer?
Select the correct option based on whether or not you have an AIB Current Account.
The amount you can borrow is based on your capacity to make regular repayments. It's important not to overstretch your payments and to consider the possibility of unexpected expenses.
Loan application
Choose how you wish to apply.
To apply online you’ll need to be:
Please choose your mobile platform
To apply by phone you’ll need to be:
Over 18
To apply, please call us on 0818 724 725, opening hours 9:00-17:00 Monday-Friday.
Thank you
We will be in contact with you shortly to go through the next steps.
What you'll need
To help us assess your ability to repay the loan, and to confirm your identity, we may ask you to provide some of these documents:
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Your ID (for example, a passport or drivers licence)
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Proof of your home address (for example, a utility bill or bank statement)
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An original or electronic version (for example, a PDF or photo) of a document showing your Personal Public Service Number (PPSN) or Tax Reference Number (TRN) and full name. For a full list of acceptable documents and more information on how to provide it, visit www.aib.ie/ccr
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Your current employment details, if you’re in work
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Your annual income and monthly expenses
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Details of any other loans you have
Your loan factsheet
All you need to know about our loans at a glance.
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Here's what you need to know
Car loan
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To borrow between €1,000 and €30,000, online applications take a few minutes, and you can get a decision within three hours.
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For joint applications or to borrow between €30,000 and €50,000, run the numbers through our calculator and ask for a call back.
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To borrow between €50,000 and €75,000, call us on 0818 724 725.
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Loan terms from one to five years.
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Set your own repayment schedule: weekly, fortnightly or monthly. You can take one month off repayments a year – just let us know at the time of loan application. This repayment option may affect the amount and/or term of the loan.
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There are no penalties if you ever decide to make an extra repayment or repay your loan earlier than planned.
Other options: Hire Purchase and Personal Contract Plan
Please note: You can no longer apply for Hire Purchase or PCP finance directly with AIB. All applications must now be made through AIB‑approved credit intermediaries (motor dealerships). If you wish to proceed with this finance, please speak to the motor dealer from whom you are purchasing your car.
If you’re looking to finance a new or used car, Hire Purchase (HP) and Personal Contract Plan (PCP) agreements let you spread the cost over a fixed term with fixed repayments. You can apply for HP or PCP directly through AIB approved credit intermediaries (motor dealerships). The dealer will guide you through the application, provide you with finance options, and submit an application on your behalf as a credit intermediary.
Hire Purchase
With HP, you pay for your car in instalments over an agreed term. Once all repayments and the purchase fee are made, the car becomes yours.
Borrow up to 100% of the vehicle’s price for most makes and models. The minimum amount you can borrow is €5,000.
Choose a term from 1 to 5 years for used vehicles, or 1 to 6 years for new vehicles.
The vehicle must be less than 9 years old at the end of your agreement.
The interest rate and your repayments are fixed for the duration of the agreement. A Documentation Fee of €63.49 is charged with the first repayment and a Purchase Fee of €12.70 is payable at the end of the agreement. Neither fees are applicable to 0.00% finance offers.
Personal Contract Plan
A PCP is a type of hire purchase agreement with end of term options. At the end of your PCP contract, you can:
1. Keep the car by paying the final purchase payment.
2. Trade the car in for another one through your dealer.
3. Return the car to the dealer or another third party designated by AIB.
PCP key features include:
Borrow up to 100% of the vehicle’s purchase price, for most makes and models (from new to 2 years old vehicles) depending on the Guaranteed Minimum Future Value and deposit structure.
Choose a term from 2 to 4 years, as long as the vehicle isn’t older than 5 years at the end of your agreement.
The interest rate and your repayments are fixed for the term of the agreement with a Final Purchase Payment due at the end of the term.
A Documentation Fee of €63.49 is charged with the first repayment. This fee isn’t applicable to 0.00% finance offers.
You will agree on a mileage limit with the dealer. Additional charges may be payable by you to the dealer if you exceed the agreed mileage or if there is damage to the vehicle.
Documentation Fee of €63.49 will be charged with the first repayment and an additional Purchase Fee (if applicable) of €12.70 payable with the final repayment. Neither fees are applicable to 0.00% finance offers. Additional fees may apply for early repayment of a fixed rate agreement or if an account falls into arrears. A Guide to Fees and Charges for Personal Accounts (PDF, 20 pages, 402KB).
Your credit intermediary may receive commission for arranging this finance agreement with us. The amount of commission can vary taking into account our agreement with the credit intermediary, the term and the amount financed. The amount of commission paid does not impact the interest rate or cost of credit on your finance agreement, however the amount financed and term of your agreement does impact your cost of credit.
Please see examples below for how much typical commission a credit intermediary may receive for arranging a finance agreement with us.
Financed amount |
Term (months) |
Typical Commission received |
|---|---|---|
€18,000 |
36 |
€550 |
€18,000 |
60 |
€850 |
Thinking of going green?
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Are you thinking of upgrading to a battery electric or a plug-in hybrid electric vehicle? Or thinking ahead and investing in a home charger unit? If so, then you can get a lower interest rate with our new green personal loan at 6.40% APR (Annual Percentage Rate).
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Borrow between €3,000 and €30,000 when you apply through the AIB App.
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For joint applications or to borrow between €30,000 and €60,000, run the numbers through our calculator and ask for a call back.
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You will need to show proof that 50% or more of the loan amount is spent on going green. Green personal loan page.
It may take longer than three hours to get a decision on a green personal loan, bearing in mind the documents you need to provide to confirm 50% or more will be spent on going green.
How our loans work
We want you to have all the information you need to borrow confidently. Here are a few points to consider.
3 hour online loan approval*
Yes – when you apply online for loans less than €30,000, we really can turn it around this quickly. If you’re a customer with us, we already know a little bit about you, which makes it very straightforward for us to decide how much you can borrow. So, providing you apply telling us everything we need to know between Monday to Friday and between 9:00 and 17:00 (excluding bank holidays), we can let you know our decision within three hours. Once we approve your loan and you request your money, we will put the money into your Current Account.
Understanding our rates
Our loan rates are variable. If your rate changes, your repayment amounts stay the same. So, if the rate rises during the loan term, you will have to make extra payments at the end of the term, and if the rate falls, you might pay off your loan sooner.
A representative example for you on a car loan:
A typical €15,000 four-year loan with a variable interest rate of 8.65% and 8.95% APR (Annual Percentage Rate), where the interest rate and APR does not vary during the term, has 48 monthly instalments of €369.26 and the total cost of credit (the total amount repayable less the amount of the loan) is €2,724.48. That means the total amount repayable over the course of the loan is €17,724.48. APR stands for Annual Percentage Rate which is the total cost of your loan over its term, taking into account both interest rate charged and other fees, as well as whether interest is charged monthly or quarterly.
A representative example for you on hire purchase:
A typical €15,000 four-year hire purchase agreement with a fixed interest rate of 8.78% APR (Annual Percentage Rate), where the interest rate and APR does not vary during the term, has 48 monthly instalments of €367.65 and the total cost of credit (the total amount repayable, including fees, less the amount of the loan) is €2,723.39. That means the total amount repayable over the course of the loan is €17,723.39. APR stands for Annual Percentage Rate which is the total cost of your loan over its term, taking into account both interest rate charged and other fees, as well as whether interest is charged monthly or quarterly.
A representative example for you on a green personal loan:
A typical €15,000 four-year green personal loan with a variable interest rate of 6.25% and 6.40% APR (Annual Percentage Rate), where the interest rate and APR does not vary during the term, has 48 monthly instalments of €353.89 and the total cost of credit (the total amount repayable less the amount of the loan) is €1,986.72. That means the total amount repayable over the course of the loan is €16,986.72. APR stands for Annual Percentage Rate which is the total cost of your loan over its term, taking into account both interest rate charged and other fees, as well as whether interest is charged monthly or quarterly.
Regulatory information
*BNPL: Buy Now Pay Later
Common questions
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What is the difference between a car loan and a hire purchase agreement?
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Can I apply for hire purchase on new or used cars?
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When will I receive a decision on my car loan application?
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How soon will I receive the money?
How to apply
Already an AIB customer
Apply through Internet Banking or the AIB App for loans from €1,000 to €30,000.
Online applications take just a few minutes to complete.
For larger loans apply by phone (0818 724 725) or in branch.
Not yet an AIB customer
You’ll need to apply by phone (0818 724 725) or in branch.
Use the calculator to see how much you could borrow.
Before proceeding please read our Site Use Terms and Conditions, Privacy & Cookie statements which apply to your use of this website. AIB and AIB Group are registered business names of Allied Irish Banks, p.l.c. Registered Office: 10 Molesworth Street, Dublin 2.
Tel: +353 (0)1 6600311 Registered in Ireland: Registered No. 24173 Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. Copyright Allied Irish Banks, p.l.c. 1995
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