Loans

Whether you’re planning your dream wedding or holiday, buying a new car, improving your home, or furthering your education, let us help you make your plans a reality with a loan tailored to your needs.

Personal loan

Upcoming wedding, holiday or big purchase? Get a loan tailored to you.

Car loan

Hybrid, electric, petrol or diesel? Find the car loan to suit you.

Home improvement loan

Extending your home or upgrading your BER?

Student loan

Choose from undergraduate or postgraduate options.

Top-up loan

Need to top up your existing Bank of Ireland loan?

Why choose us for a loan?

Competitive rates

Variable rates on green loans from as little as 6.5% APR1.

No savings required

You do not need to save with us to borrow from us.

Flexible repayments

Make extra repayments on a variable rate loan to repay it early without any additional costs.

Option to defer repayments2

Option to defer your first three monthly repayments if you repay your loan on a monthly basis.

Tailored to you

Borrow between €2,000 and €65,000 and repay your loan weekly or monthly over 1 to 7 years depending on the loan purpose.

Fast application

Online application takes just 15 minutes for existing current account holders registered for 365 online.

Lower rate green loans

Take advantage of our lowest interest rates when you choose sustainable products.

Lower rate for students and graduates

Full-time students and recent graduates can take advantage of lower variable interest rate from 5.0% APR3.

Frequently asked questions


  • What is a loan?

    A loan is when an amount of money is given to you by a financial institution. You agree to repay the loan amount plus interest to the financial institution over a certain length of time.

    A variable rate loan will have an interest rate which may increase or decrease following changes in the market.

    A fixed rate loan will have the same interest rate for the lifetime of the loan, regardless of what increases or decreases happen in the market.

  • What types of loan do Bank of Ireland offer?

    At Bank of Ireland we offer:

    • Personal loans
    • Car loans
    • Green car loans
    • Home improvement loans
    • Green home improvement loans
    • Home Energy Upgrade Loan Scheme
    • Top-up loans
    • Student loans

  • Am I eligible to apply for a loan?

    To be eligible for a Bank of Ireland loan, you must be aged 18 or over and live in the Republic of Ireland. Other eligibility criteria may apply depending on the type of loan you want to apply for. See our loan product pages for specific eligiblity criteria.

  • Do I need to have savings or a guarantor to get a loan?

    You don’t need to save with us or have a guarantor to borrow with us. If you can show that you’re able to make the repayments, we’ll organise a loan to suit your needs.

  • How do I apply for a loan?

    If you’re registered on 365 online, click here to fill in our online application form. It takes just 15 minutes.

    Alternatively, you can call us on 0818 200 334 (9am – 5pm, Monday to Friday) or visit your local branch.

  • What documents do I need to apply for a loan?

    • Your 365 online user ID (if applying online)
    • Proof of your Personal Public Service Number (PPSN). Full list of acceptable documents.

      • Please note: We may request additional documents depending on your individual circumstances and loan purpose. For example, if you’re a foreign national you may need to provide your Irish Residence Permit (IRP) card.

  • How do I send my documents to Bank of Ireland?

    There is an ‘Upload your documents’ section within the online application where you’ll be asked to upload any required documents. We will contact you if any additional information is required.

  • I'm having difficulty applying for a loan online. What should I do?

    Call our loans team on 0818 200 334. They’re available 9am – 5pm, Monday to Friday (excluding bank holidays). They will guide you through your application. Alternatively, you can make an appointment to meet a member of our loans team in person in your nearest Bank of Ireland bank.

  • What is the interest rate of my loan?

    The interest rate of your loan depends on a number of factors:

    • The type of loan
    • The amount you wish to borrow

    For an example of how much it could cost you to borrow various amounts over 5 years, see the ‘Interest rates and APR’ section of our individual loan pages.

  • What is the term of my loan?

    The term of your loan is the length of time in which you agree to repay your loan. It depends on

    • the type of loan you choose
    • the amount you borrow
    • how much you’re comfortable repaying each week/month

    Use our loan calculator to get an idea of what your repayments might be.

  • How do I repay my loan?

    Your loan is repaid by standing order on a weekly/monthly basis on a date you select during the application process.

    To set up your standing order, we will send you a standing order mandate form to complete. You’ll receive this form with your loan agreement (Consumer Credit Agreement) documents.

  • Can I pay off my loan early?

    If you have a variable rate loan, there are no charges for repaying your loan early.

    If you have a fixed rate loan, you may have to pay charges if you repay your loan early.

    The type of loan you have, or intend to draw down, will be shown on your loan agreement.

    If you wish to make additional repayments you can transfer funds into your loan account on your 365 online profile. You may also add your loan account as a payee.

    If you’re making a decision to pay back your current loan completely, please contact our lending advisers who will give you the final balance as this may differ slightly from what is showing on 365 online or your loan statement. Call them on 0818 200 334, 9am – 5pm, Monday to Friday (excluding bank holidays) or visit your local branch.

  • What happens if I miss a loan repayment?

    If you miss a repayment on your loan, your account will go into arrears and this may affect your credit rating. This may affect your ability to borrow in the future from Bank of Ireland or other financial institution.

    If you have any difficulty in making the required repayments on your loan, please contact us to let us know. The earlier we know about any difficulties you may be having, the sooner we can work together to quickly identify the best solution to get you back in control of your finances.

    Call our dedicated team on 0818 210 625. They’ll talk to you about your finances and may be able to help you change your loan repayments or create a plan to assist you during tough financial times. Our advisors are available to help, 9am – 5pm, Monday to Friday.

  • My loan has been approved. When do I get my money?

    Once your online loan application is approved, you will receive your credit agreement documents by email through DocuSign – a secure electronic signature and transaction management platform.

    You must complete, sign and return these documents.

    Once received, the bank will draw down the funds and they will be available to you within 24-48 hours.

    Please note: Top-up loans will take an additional 24 hours.

  • Can I take a break from repayments, or reschedule them over a longer period?

    Yes. We’re happy to discuss your lending requirements.

    Existing loans

    If you wish to restructure your existing loan, you should contact our dedicated lending team on 0818 200 334. Our advisors are available to help 9am – 5pm, Monday to Friday (excluding bank holidays).

    If you wish to reschedule payments on an existing loan (for example, change the repayment date), call 0818 200 334.

    New loans

    You have the option to defer your first repayment by 3 months (paying nothing for the first 90 days)2. Remember, deferred payments:

    • are spread over the term of the loan,
    • must be applied for and agreed by us prior to drawdown
    • result in an increase to the cost of credit on your loan.


See our full loan FAQs

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, a hire-purchase agreement, a consumer-hire agreement or a BNPL agreement in the future
Warning: The cost of your monthly repayments may increase.

Contact us

Our loan teams are here to help.

Log in to 365 online, select Services and Send us a message.

Call us on 0818 200 334, 9am–5pm, Monday to Friday.

Tweet us @talktoBOI 8am–8pm. Response within 15 minutes.

Visit your nearest branch to arrange a meeting with a dedicated lending advisor.

1 APR stands for Annual Percentage Rate. Representative example: The repayments on a green car loan of €20,000 over a 60-month period are €389.13 per month at 6.3% variable (Annual Percentage Rate of Charge (APRC) 6.5%). Cost of credit is €3,347.80. Total repayment is €23,347.80. Variable rates are correct as of 25 June 2024 and are subject to change. Lending criteria, terms and conditions apply. Over 18s only.
2 Deferred repayments: By deferring your repayments at the start of your agreement you will pay more interest over the loan term than if you started to make repayments from the start. Deferred repayments are available to Bank of Ireland customers only.
3 APR stands for Annual Percentage Rate. Representative example: The repayments on a graduate loan of €5,000 over a 60-month period are €94.18 per month at 4.95% variable (Annual Percentage Rate of Charge (APRC) 5.0%). Cost of credit is €650.80. Total repayment is €5,650.80. Variable rates are correct as of 25 June 2024 and are subject to change. Lending criteria, terms and conditions apply. Over 18s only.