We all have that thing we’d love to do like put in a new kitchen, extend our house, build that treehouse for the kids or maybe even plan those upgrades to make our homes warmer and more energy efficient. We know that renovations to your home can be stressful and we want to make sure that getting the finance is not one of those stressful things. Whatever home improvements you’re planning for the future you can turn your plans into reality with an AIB Home Improvement Personal Loan that gives you the financial flexibility you need. Why wait? Loans from €1,000 approved within 3 hours.

 

* 3 hour loan decision applies to fully completed new personal loan applications processed within 3 hours 9am-5pm, Mon-Fri excl. bank holidays. Loans from €1,000-€30,000. Excludes applications: to restructure or clear existing AIB credit facilities; received through Branch and referred to a lender for review, from customers in financial difficulty; for Student and First Job loans; applications through Business Centres; or where total borrowings exceed €100,000 (excluding Home Loan debt up to €600,000). 

How much can you borrow for your Home Improvement?

For our Personal Loans the amount you can borrow is based on your capacity to make regular repayments. It's important not to overstretch your finances and to take into consideration the possibility of future unexpected expenses.

 

The interest rate on an AIB Personal Loan is variable and may change. However, your regular repayments stay the same, so if interest rates rise during the loan term, you will have to make some extra payments at the end of the term. If the rate on your loan falls, you may pay off your loan earlier. You have the option of paying back your loan early or making unscheduled, additional repayments through your branch or Internet Banking at any time with no penalty.

 

Depending on your circumstances and needs, an AIB Top-Up Mortgage may also be an option for you to consider. 

Loan Calculators

Please see our calculators below which help you:

  1. Work out how much a monthly repayment would be

  2. Indicate how much you may be able to afford

1. Loan Repayment Calculator

Get a Quick Quote for a Personal Loan


  • Select term(months)..
  • 12
  • 24
  • 36
  • 48
  • 60
Select term(months)
Calculate
Recalculate
Monthly Repayments:
Total amount repayable:

Click here to apply now

Note: 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 our calculators unless it is being provided as part of a product application. The results are based on the current offered rate for Personal Loans, which is variable. The total amount repayable is based on the assumption that the interest rate remains unchanged for the duration of the loan term.

For loan amounts greater than €50,000 contact your Relationship Manager or local branch.

Rates and Repayments

 

 

5 years

7 years

10 years

€10,000

€204.99

€158.35

€124.11

€20,000

€409.08

€316.70

€248.22

€30,000

€614.96

€475.05

€372.32

€40,000

€819.95

€633.40

€496.43

€50,000

€1024.93

€791.74

€620.53

 

A typical €10,000 five year variable interest rate loan will have monthly repayments of €204.99 Interest Rate 8.65%, APR (Annual percentage Rate) 8.95%. If the APR does not vary during the term of the loan the total cost of credit of this loan i.e. total amount repayable less the amount of the loan, would be €2,299.40. The APR is based on our Variable ‘A’ Loan Rate and amount borrowed.

2. Loan Affordability Calculator

This handy loan calculator can give you an estimate of how much you could borrow with a Personal Loan from AIB - Please click here

Click here to view our customers' stories of Doing - #backedbyAIB

Ways to Apply

Online: Apply Online

 

Phone: Call 1890 724 724 (lines are open Monday to Friday 8am-9pm and Saturday 9am-6pm)

 

Branch: Drop into any AIB branch


New Customer/not yet registered for Internet Banking  

Already a customer banking online with us?

You can apply for a Home Improvement Loan via Internet for approval within 3 hours*. With Personal Loan from AIB you can:

  • Pick a term and amount that suits you - between 1 and 5 years and for amounts of between €1,000 and €30,000

  • Once approved the funds can be put immediately in your account

  • To apply, log on to your Internet Banking account via aib.ie


Or you can come in to your local branch or call us and one of our helpful personal loans advisors can help guide you through your application and can usually give you a decision on the spot.

--------------------Start of Accordion Container---------------------------

Click on edit button to enter Accordion Header

  • --------------------Start of Accordion---------------------------

    Online Personal Loan - Key Information

    • If you hold a Personal Bank Account or AIB Advantage account for more than six months and are registered for AIB Phone & Internet Banking, you can apply for a Personal Loan or Loan Top Up online through AIB Internet Banking, AIB Mobile or AIB Tablet Banking app. Your salary must be paid directly to your AIB current account.
    • You can apply for a loan of between €1,000 and €30,000 online. For amounts over €30,000 please contact your local branch or call us on 1890 724 724
    • Competitive Interest rate for new loans at 8.95% APR
    • You may apply online for a loan in your sole name only - joint applications are not available
    • If you are a Student Plus account holder and wish to avail of a Reduced Rate Loan, please apply through your local branch. Alternatively you can call the AIB Student & Graduate Centre on 1890 788 336, lines are open 8am to 9pm Monday – Friday and Saturday 9am to 6pm
    • If you wish to restructure your existing AIB loan, clear your AIB credit card or overdraft, please contact your local branch to make an appointment with one of our lenders who will go through your application with you
    • If you are not registered for AIB Phone & Internet Banking, or not currently an AIB customer, you can still apply for a Personal Loan online just click the ‘Not registered for Internet Banking? – Apply here’ button and fill out the online application form.

    --------------------End of Accordion---------------------------

-------------------End of Accordion Container---------------------------

New customer, don't bank online with us or want to apply for more than €30,000?

You can apply for a personal loan in your local branch or over the phone

  • Our loan advisors in branch or on the phone can discuss your options and help with your application

  • Pick a term and amount that suits you. Terms available from 1 to 10 years

  • When you're applying you can speak to us about a repayment schedule that will suit you, such as planned repayment holidays, e.g. take a break from your repayments for Christmas. Scheduled flexible repayment options may impact on the amount and/or term of the loan

  • No penalty for unscheduled repayments

  • Click here for your application options  

--------------------Start of Accordion Container---------------------------

Click on edit button to enter Accordion Header

  • --------------------Start of Accordion---------------------------

    Personal Loans - Features

    • Terms available from 1 to 10 years, up to €50,000. For terms longer than 7 years where the amount sought is greater than €30,000, you will need to provide additional documentation. See below to check what additional documentation you will be asked for.
    • Apply online, in branch or by phone for amounts from €1,000 - €30,000 to receive a decision in 3 hours*. For amounts up to €75,000, you can apply in your branch or by phoning us on 1890 724 724.
    • Competitive Interest rate available for new loans on our standard lending rate (at 8.95% APR). Standard lending rate available up to €50,000.  For loans over that amount, contact your local branch or call 1890 724 724.  
    • When you're applying you can speak to us about a repayment schedule that will suit you, such as planned repayment holidays, e.g. take a break from your repayments for Christmas. Scheduled flexible repayment options may impact on the amount and/or term of the loan
    • Choose from weekly, fortnightly or monthly repayments
    • No penalty for unscheduled repayments, so if you save money from work which reduces your energy usage; you can pay this into your loan and repay it more quickly.  If you are eligible for a grant from SEAI you can arrange to have your grant paid directly into your loan account.

     

    Additional documentation required for terms over 7 years 

    Finance for home improvements must be eligible for:

    a)   the Home Renovation Incentive (HRI) scheme or,
    b)   the Sustainable Energy Authority Ireland (SEAI) Better Energy grant schemes for homes or
    c)   any grant-aided home improvements scheme or
    d)  any combination of the above

    Costings/invoices must be provided upfront, to support the application.
     
    For grant-aided schemes, evidence of approval for grant funding must be provided upfront.

    --------------------End of Accordion---------------------------

-------------------End of Accordion Container---------------------------

Useful Links


Videos

See what our customers are doing

 

Help and Guidance

Important information on your Distance Contract
AIB strongly recommends that before purchasing this product you read the Important Information on your Distance Contract.

Help Centre
For all service related queries please visit our Help Centre.

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.

Other Information

Some of the links above bring you to external websites. Your use of an external website is subject to the terms of that site.

Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security may be required. A typical €1,500 one year loan with a variable interest rate of 8.65% and a 8.95% APR (Annual Percentage Rate), where the APR does not vary during that term, would have monthly repayments of €130.48 and the total cost of credit (the total amount repayable less the amount of the loan) would be €65.76.

5
Call 1890 724 724
Call 1890 724 724
Live Web Chat
Live Web Chat