Personal Contract Hire

Personal Contract Hire also known as Personal Leasing is a way to drive a new car, without having to pay to own it. It’s more cost effective, easier, and greener than owning a car.

You don’t have to own the car to boss the drive.

It’s all about the experience.

You may not own the music when you listen to it, you don’t own the movie when you watch it, now you don’t have to own the car to drive it.

Personal Contract Hire also known as Personal Leasing is a way to drive a new car, without having to pay to own it. It’s more cost effective, easier, and greener than owning a car.

  • checked-list-icon

    More cost effective because you’re not paying for the full cost of the car.

  • checked-list-icon

    Easier because you just hand the car back with no balloon payment at the end of the term.

  • checked-list-icon

    And greener because it’s easier to drive the latest technology that electric vehicles have to offer. 

How does it work?

  • checked-list-icon

    Drive a new car for a fixed period and pay each month to use it for that time

  • checked-list-icon

    No need to worry about the value of the car dropping, just return it at the end of the contract. Fixed price servicing and maintenance options are available.

Who does it suit?

If owning the car is not that important to you and you're happy to hand it back at the end of term, then Personal Contract Hire could be a good option for you.


AIB offers Personal Contract Hire in partnership with Nifti.

Nifti offers lots of car brands to personal customers under leasing arrangements. That means you can lease a car for a fixed monthly payment with no balloon or residual payments at the end of the term. To find out more or to apply please visit the Nifti website.


If you do not meet the repayments on your consumer-hire agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire- purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.

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.

Personal Contract Hire

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

How much:

How long:


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. Additional fees may apply for early repayment of a fixed rate agreement or if an account falls into arrears..  

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:

      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:

        Choose branch

        Choose a slot

        Branch opening hours:

        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.

        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.

        Need help?