Car Loan, Car Finance, Online Loans Ireland | AIB

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

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How long:

Weekly
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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 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. The APR quoted for hire purchase is based on a typical loan with a fixed interest rate. For hire purchase, a documentation fee of €63.49 will be charged with the first repayment and an additional purchase fee of €12.70 payable with the final repayment. Additional fees may apply for early repayment of a fixed rate agreement or if an account falls into arrears.  

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:

      Preferred contact time

      Call centre working hours:

      Our phone lines are now available Monday to Friday 09:00 to 17:00 (excluding Bank Holidays)

      Personal details

      To apply in your branch you’ll need to be:

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        Your details

        Regulatory information:

        By providing your contact details to us on this form you are confirming your consent to receiving communication from us in relation to this appointment.

        The information supplied by you on this form will be held and used solely by AIB for the purposes of responding to your request.

        Thank you

        We will be in contact with you shortly to go through the next steps.

        Car loans

        Dreaming of that car you’ve always wanted? Or upgrading to a family car? We can help you spread the cost of whatever car you’ve got your eye on – new or used. If you’re already a customer with us, we’ll help get you on the road swiftly and smoothly.

        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 1890 724 724.

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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.

        Another option: hire purchase

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          With a car loan, you borrow a lump sum to buy the car and own it outright, but with hire purchase, you pay for your new or used car in instalments. The car becomes yours at the end of the agreement.

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          Available for amounts over €10,000.

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          Repayment terms are flexible – from two to six years, depending on whether the car is used or new.

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          Applications for hire purchase take place in person or over the phone. Give us a call on 1890 724 724 or use our calculator to see how much you could borrow and ask for a call back.

        Documentation Fee of €63.49 will be charged with the first repayment and an additional Purchase Fee of €12.70 payable with the final repayment. Additional fees may apply for early repayment of a fixed rate agreement or if an account falls into arrears. Click here to see our guide to fees and charges.

        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.

        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 car loan and hire purchase interest rates – between 8.45% APR (Annual Percentage Rate) and 8.95% APR depending on the type of loan – are some of the most competitive and consistent on the market.

        Our loan rates are variable (our hire purchase interest rates are fixed). 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.

        A representative example for you on hire purchase:

        A typical €15,000 four-year hire purchase agreement with a fixed interest rate of 8.45% APR (Annual Percentage Rate), where the interest rate and APR does not vary during the term, has 48 monthly instalments of €365.40 and the total cost of credit (the total amount repayable less the amount of the loan) is €2,539.20.

        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

        Warning
        If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

        Common questions

        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 or hire purchase options, apply by phone (1890 724 724) or in branch.

        Not yet an AIB customer

        You’ll need to apply by phone (1890 724 724) or in branch.

        Use the calculator to see how much you could borrow.

        Looking for something else?

        We design personal loans to get our customers doing. Whether you’re renovating your home, going green, buying a car, looking to invest in your education or taking the trip of a lifetime, we can make your plans a reality.

        Need help?