For personal or unexpected needs

Apply online and instantly receive a decision

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Personal needs

Α solution for every unexpected need.

  • Covers unplanned expenses and other personal needs

    such as trips, weddings, household equipment etc.

  • Financing amount

    determined according to your needs. You may choose your financing option depending on the amount, the provision or not of collateral, and your own desire for online or personal service.

Financing options

  • Apply for financing and instantly receive a decision digitally. The process is straightforward - use the BoC Mobile app or Internet Banking. Your financing has the following features:

      • Amount up to €15.000 (minimum €500)
      • No personal guarantees or other collateral
      • Maximum repayment period 7 years (3 years for amounts < €3.000)
      • No initial bank fees
      • Ability for digital signature, without visiting the branch.


  • You can apply through Internet Banking or BoC Mobile app. A Bank officer will contact you shortly, to complete your application process. Your financing has the following features:

    • Amount up to €50.000
    • Maximum repayment period up to 10 years
    • With guarantees/collateral (personal guarantees/mortgage)
    • Favourable interest rate in case of mortgage
    • No initial bank fees

    For any option other than those listed above (such as for a greater amount, other collateral etc.) please contact any of our branches.

Calculate your indicative installment


Apply online for a QuickLoan


up to €15,000

Fill in the application

easily and quickly

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More information


    Physical persons, permanent residents of Cyprus who need a solution for every financing need.

    For further information, please contact the Service Officers of our branch network online, by phone or by written application.

  • Maximum repayment period is 10 years. For QuickLoan the maximum loan repayment period is 7 years (3 years for amounts less than €3.000).

  • You have the right to withdraw from the agreement:

    • Within 5 business days from the date of its conclusion, when the facility is secured with a mortgage on a house
    • Within 14 calendar days from the date of its conclusion when the facility is provided without any guarantees / securities or is secured with personal guarantees.
  • Learn more on our interest rates here

  • Is my installment affected by fluctuations of the interest rates?

    For floating rate loans, the interest rate can be changed at any time (upward or downward) depending on base rate changes. The variable interest rate consists of the base rate plus margin. Every time the total interest rate changes, your loan installment will also change.

    For fixed rate loans, the interest rate does not change under any circumstances. Thus, your installment remains constant, unaffected by a possible rise in interest rates, however it should be noted that, at the same time, you do not benefit from a possible reduction in interest rates.

    What are the initial fees?

    Initial bank fees

    • Arrangement fees: these relate to the Bank’s costs for preparing and evaluating your application.
    • Documentation fees: a fixed charge for the preparation of legal  documents, the charge is determined by the facility amount.

    For applications submitted through the Bank's digital channels, you do not pay any initial Bank fees.

     Government fees

    These fees are regulated by relevant law as follows:

    • Mortgage registration fees paid to the Land Registry.
    • Fees relating to stamp duty of the facility documents and paid to the Commissioner of Taxation.
    • Fees paid to the Land Registry in cases where the transfer of property from one owner to another is necessary.

    Fees paid to third parties

    These are fees related to valuations carried out on behalf of the Bank by approved valuers for mortgaged property, or fees related to life and/or home insurance.

    Find out about all Bank fees from the Table of Commissions and Charges

     What do I need to know about loan installment payments?

    • You can provide instructions in writing, so that your installment is paid automatically from your account.
    • You can pay your installments as determined by the terms of your loan. Please make sure to designate a date that is convenient for you. Should this date change, you need to promptly contact your servicing branch.
    • Delayed installment payments incur additional costs, increasing the cost of your financing
    • Should your financial circumstances change and you are unable to keep up with installment payments, per the terms of your contract, please get in touch promptly with your servicing branch in order to agree a new repayment schedule adapted to your new circumstances.

     What happens if I pay off my loan/installments early?

    Where a loan is paid off early, or installments are paid early in relation to the agreed schedule, the Bank will charge costs depending on the type of interest rate and the amount that was paid off early.

    What is the Annual Percentage Rate (APR)?

    The Annual Percentage Rate (APR) is the total cost of the financing to the consumer. The APR includes all financing expenses paid by the client to either the Bank or to third parties (e.g. government fees, valuation expenses, insurance etc).

    The APR is considered to be the best tool for comparing the real cost for the customer as it includes all the financing expenses. It helps you form a complete picture and to compare the Bank’s schemes with the schemes of other banks.

  • How can I check the status of my application?

    You will be informed of your application status via a message on your mobile or via 1bank.

    Can I add a joint borrower?

    QckLoan products are available to one borrower. You can apply with a joint borrower through your servicing Branch.

    What supporting documents do I have to submit?

    A proof of income may be requested within the online procedure.

    Do I have to cover my loan with an insurance?

    No, you don’t have to. However, if you are interested in doing so, contact your servicing Branch. Terms and conditions apply.

    Are there any initial fees associated with the application?

    QuickLoan products are offered without any initial bank charges (arrangement or documentation fees). You will only have to pay stamp duty as per the relevant legislation which applies from time to time. 

    Find out about all Bank fees from the Table of Commissions and Charges

    What does the automated assessment of my application, the automated decision-making and the automated processing of my personal data and profiling involve?

    Applications for QuickLoan products are assessed electronically based on your creditworthiness, repayment ability and the Bank’s credit policy as applicable from time to time.

    The decision for the approval or rejection of the online credit application will be reached by processing your personal data using solely automated means (including profiling), without human involvement, and only after we have your explicit consent to do so.

    Profiling under this procedure involves the automated processing of your personal data to analyze, evaluate and predict your creditworthiness and ability to repay the facility.

    The Bank will use only the necessary information that will allow the assessment of your creditworthiness and repayment ability and to make responsible, fair and informed lending decisions.

    The Bank will use information that you provide, as well as information derived from the Bank’s internal sources (that is your personal and contact details, employment, income, expenses, family structure, spending habits, conduct on other accounts / facilities / guarantees / securities, payment arrears on other accounts / facilities, judgement debts, whether your personal data has been verified and updates for anti-money laundering purposes) and external sources (that is bankruptcy records, i.e. arrears, non-performing facilities and judgement debts at other banks from Artemis Credit Bureau). You can learn more in the Bank’s Privacy Statement.

     The application may also be automatically referred to the Bank for further evaluation by an officer.

    Do I have the right to object to the automated decision?

    Yes, you have the right to request re-examination of the application by a Bank’s officer by contacting your servicing Branch. 

    Can I withdraw from the application process at any time before submitting it or after a decision is reached by the Bank?

    You can withdraw your application at any time. If you have entered any information, you have the choice to save it and resume with the application at a later stage or discard it. If you choose to discard it, the information you entered will not be saved. Your application will be automatically discarded if you remain inactive for a period of 15 days.

    If a decision is reached by the Bank, you can still withdraw your application at any time before entering into a contract for the granting of the facility, but before the expiration of the decision, as mentioned in the relevant notification letter.  This does not affect your other rights regarding the processing of your personal data.

    You can also withdraw from the contract within a specified timeframe and subject to certain conditions. More information on your right to withdraw from the contract will be provided in the pre-contractual information for the credit facility which will be made available to you, as well as in the agreement for the granting of the facility.

    How is Bank of Cyprus protecting my privacy and handling my personal data?

    he Bank is committed to protecting your privacy and handling your data in an open and transparent manner. You can learn more in the Bank’s Privacy Statement , where you can also find further details on your rights, for example your right of access, right to request correction, the right to lodge a complaint etc.

    How can I sign my legal documents after approval? Is it possible to use a digital signature?

    After your application is approved, you will receive a relevant message both on your mobile phone and in 1bank.

    You will be able to choose to sign using a digital signature, provided that certain conditions are met. If you do not choose to sign using a digital signature or if the conditions set are not met, the documents will be signed at your servicing branch, unless you have indicated otherwise during the application.

    What are the conditions for using a digital signature?

    • The accounts for deduction of expenses and repayment of the loan instalments must exclusively belong to you. If no such accounts exist, you are given the option to open a new QuickAccount, from which loans and cards instaments can be repaid. This account can also be linked to a debit card, which enables you to make transactions at ATMs and make purchases both online and at merchants' stores.
    • The language in which the documents are issued must be your language of communication.
    • No additional terms and conditions are set for the financing by a Bank officer.

    If  I am entitled to sign using a digital signature, how is the purchase made and what is the cost?

    The digital signature is used exclusively for the signing of the documents required for the specific financing. There is no charge for this.

    How fast can I have the loan amount in my account?

    If approved, the loan amount will become available to you the working day following the signing of the contractual documentation at the latest.

    I am not a customer of the Bank. Can I still apply?

    Yes. You can download the BoC Mobile app and register. Then, you will be able to connect to 1bank (terms and conditions apply). You can apply for this facility either via Internet Banking or the BoC Mobile app.


The Bank reserves the right to reject any application at its sole discretion and withdraw any plan at any time. There are charges for early loan repayment. If you do not make regular instalment payments according to your loan repayment schedule, you may lose your house. Since the credit facility is offered with variable interest rate, the instalment amount and total cost of the facility may increase or decrease depending on variations in the base rate.


+35722128000 from abroad
Monday to Friday, 07:45 - 18:00 Saturday and Sunday 9:00 - 17:00

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can get in touch with you to discuss everything you need to know about our products