Student Loan

Tirana Bank offers financial support for students, for graduates and postgraduate programs in Albania or abroad to cover the tuition fees, for private or public universities. Student Loan is offered either unsecured or secured with property.

Along with the financing of tuition fees a supplementary amount for other initial student needs (e.g. rent, expenses for furniture) will be offered. This supplementary amount is estimated to be approximately up to 20% of the amount required for the tuition fees.

Target Group: Part time or full time Student

 

1.Unsecured Student Loan

Currency: ALL, EUR

Amount:

  • Min: 400 EUR / 50,000 ALL
  • Max: 7,000 EUR / 875,000 ALL

Duration: up to 7 years

Financed limit: 100% of the invoice released by the University

Interest Rates:

  • LEK: T Bills 12M + 5.5%, Min 6 %     
  • EUR: EURIBOR 12M + 6.5%, Min 6.5%                                              

Payment method: Principal and interest are paid in equal monthly installments

 

2.Secured Student Loan

 Currency: ALL, EUR

 Amount:

  • Min: 4,000 EUR / 500,000 ALL
  • Max: 50,000 EUR / 6,250,000 ALL

Duration: up to 15 years

Financed limit: 100% of the invoice released by the University                                     

Interest Rates:

  •  LEK: Bono Thesari 12M + 3.5%, Min 5.5 %                                                      
  •  EUR: Euribor 12M + 5.5%, Min 5.5%

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements


For more information, contact our branches or call for free at Info Bank 0800 68 68.

Pre Contractual Info, Secured Pre Contractual Info, Unsecured