You can apply for a Personal Loan through AIB Internet Banking. You can also apply for a Top Up of your existing AIB Personal Loan through AIB Internet Banking. You may apply for a loan in your sole name only - joint applications are not available.

The interest rate applicable to a Personal Loan is based on a variable rate (the Bank's variable 'A' loan rate). No fixed rate loans are available online.

To be eligible to apply for a loan/ top up online you must meet the following criteria for this channel:

• You must have an AIB current account, open for at least 6 months

• Your salary must be paid directly into your AIB current account

• You must be over 18

• For a top up application, you must have an existing sole AIB loan

If you do not meet any of these criteria, then you can still apply for an AIB loan by contacting us on 0818 724 725 or +353 1 7715610 or by calling into your local AIB branch.

If you are a Student Plus Account or Graduate 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  0818 303 203, lines open 8am to 9pm Monday - Friday and Saturday 9am - 6pm.

Further details about Personal Loans can be found on the AIB Personal Banking website.

1. Log into AIB Internet Banking.

2. Click 'Apply & Open' from the main menu.

3. Select 'New Personal/ Car Loan' or 'Personal Loan Top Up' located under ‘Borrow’.

4. Complete the necessary information regarding the Personal Loan/ Top Up.

If you cannot see your existing loan account on your Internet Banking ‘Accounts’ screen, then you will not be able to top it up online until you complete the following steps to add your loan account:

1. Log into AIB Internet Banking

2. Select ‘Add an Account’ located under the ‘Service & Settings’ section in the main menu

3. Complete the on screen fields to add your account. You will need your NSC and account number to complete this step.

You can apply for a Personal Loan from €1,000 to €30,000. You can also apply for a Top Up of your existing AIB Personal Loan by a minimum amount of €1,000 up to a maximum overall balance of €30,000.

For amounts over €30,000 please contact your local branch or call us on 0818 724 725. 

You can choose to repay your loan over a period of 1 year to 5 years.

You can choose to make loan repayments on either a monthly, fortnightly or weekly basis.

We will endeavour to give you a decision instantly. If your application is referred to our Lending Team for review you will receive a decision within 3 business hours. Our business hours are 9am to 5pm Monday to Friday, excluding bank holidays. Although we aim to provide you with a decision within 3 business hours, this period may be extended for technical or other legitimate reasons. If you have provided us with your mobile phone number, we will text you once a decision is available. Once a decision is available, you can log into your AIB Internet Banking and select “My Application & Documents” under the “Apply& Open” menu to view the decision.

Once you have completed the ‘Set Up Now’ stage of the online application process, we will transfer the funds into your nominated current account. We will tell you at the end of the application process that your funds are available.

Your loan will be opened at your AIB branch.

The interest rate you will be charged on your loan is based on the Bank’s Variable ‘A’ Loan Rate and the amount borrowed.

You can read further information on our Personal Lending Interest Rates at:

http://personal.aib.ie/our-products/loans/Personal-Lending-Interest-Rates

"My Applications & Documents" allows you to view the status of your online applications as well as download and save all documentation relating to your online applications. You can access this by clicking on ‘My Applications & Documents’ under ‘Apply & Open’.

Should you have a query regarding an application please call us on 0818 724 725 or +353 1 771 5610.

There is no fee charged for applying for a Personal Loan or Loan Top Up through AIB Internet Banking.

Yes, your loan account will automatically display in your account list on Internet Banking and transactions/statements will be available to view.

An Automated Decision is a computer-generated decision. Using completed loan application information an automated underwriting system retrieves relevant data and arrives at a logic-based loan decision. We may use credit scoring techniques to either partially or fully assess your application and using information provided to us our internal systems may provide an automated decision for your application.

Payment protection insurance is no longer available with new loan applications. If you already have payment protection insurance on your loan and you would like to retain this cover - do not apply for a Personal Loan top up online. Please call us on 0818 724 725 or + 353 1 771 5610 and a customer service adviser will process your application for you. Alternatively, you can apply through your local AIB branch.

AIB Payment Protection Plan is exclusively underwritten by London General Insurance Company Ltd and London General Life Company Ltd. AIB Insurance Services Ltd is regulated by the Central Bank of Ireland.

If you applied for a loan via your branch or over the phone and opted to complete ‘set up online’, you can access your application via the “My Applications & Documents” tab on the “Apply Online” page. From here, your can view the status of your loan application as well as download and save all documentation relating to your application. If your application has been sent to a lender for assessment, we will send you a text message to advise once a decision is available.

An overdraft is a credit facility on your Current Account* for temporary and occasional use that allows you to access funds to an agreed limit above your actual balance.

*Customers with a Personal Bank Account or current account can apply for a Personal Overdraft.

You can access the overdraft in many ways, for example, when you use your AIB Debit Card, when withdrawing cash from an ATM, when you write a cheque, pay a bill or through AIB Phone & Internet Banking. 

You can apply for an Overdraft online by logging into Internet Banking and following one of the steps below:

• Click on ‘Apply Now’ and then click “Overdraft” under the “Borrow” section

• Alternatively using the “Quick Apply” option on the right side of the Account Overview screen select “Overdraft” from the products list then click “Apply Now”

You can apply online for a Personal Overdraft from €500 to €10,000. For amounts over €10,000 please contact your local branch or call us on 0818 724 725. Under normal circumstances, you can apply for an overdraft for an amount up to that of your monthly income. Depending on your circumstances, though, the overdraft could be for a greater amount and our staff would be more than happy to discuss this with you. 

Your overdraft will continue until it is i) cancelled by either of us, ii) restructured or iii) replaced by another overdraft on this account. We may at any time at our discretion reduce or cancel your overdraft by writing to you and requesting repayment. Upon receiving such notice, you must immediately repay your overdraft balance plus any interest, fees and charges accrued up to the date of repayment.

You can cancel your overdraft at any time if you have the AIB Mobile App. However, you must repay your overdraft balance, plus any interest, fees and charges accrued before you can cancel it.  

To cancel your overdraft through the AIB Mobile App:

• Tap on the Services menu, tap Support, and Cancel an Overdraft.
• Complete the digital form, tick the box to allow the use of your electronic signature and Confirm.

Interest charged

Interest is charged at the Bank’s Standard Variable “A” Overdraft Reference Rate. The variable interest rate is calculated on the daily debit balance and charged quarterly in March, June, September and December. If you exceed your overdraft limit, you will also be charged surcharge interest on any amount that is above your overdraft limit (in addition to the interest rate above). Details of the surcharge interest rate can be found in the ‘A Guide to Fees & Charges for Personal Accounts’ booklet.

A facility fee is a charge for maintaining an overdraft on your current account. A facility fee of €25.39 is charged per annum or per overdraft sanction, whichever is the more frequent.

An Automated Decision is a computer-generated decision. Using completed overdraft application information an automated underwriting system retrieves relevant data and arrives at a logic-based decision. We may use credit scoring techniques to either partially or fully assess your application and using information provided to us our internal systems may provide an automated decision for your application. 

We will endeavour to give you a decision on your online overdraft application instantly. If your application is referred to our lending team for review you will receive a decision within 3 business hours. Our business hours are 9am to 5pm Monday to Friday, excluding bank holidays. Although we aim to provide you with a decision within 3 business hours, this period may be extended for technical or other legitimate reasons. If you have provided us with your mobile phone number, we will text you once a decision is available. Once a decision is available, you can log into your AIB Internet Banking and select “My Application & Documents” under the “Apply& Open” menu to view the decision.

If your online overdraft application is approved, you may choose to set up your overdraft immediately or set up later by returning to “My Applications & Documents” under the “Apply & Open” menu.  Once you set up your overdraft, your limit will be available immediately. You can view your overdraft limit at any time by logging into AIB Internet Banking and from the “Accounts” screen, select your current account then click “pending transactions” and your overdraft limit will be displayed on this screen.

‘My Applications & Documents’ allows you to view the status of your overdraft online applications as well as download and save all documentation relating to your applications.  You can access this by clicking on ‘My Applications & Documents’  under ‘Apply & Open’. Should you have a query regarding your overdraft please call us on 0818 724 725 or +353 1 771 5610.

If you applied for an Overdraft via your branch or over the phone and opted to complete ‘set up online’, you can access your application via the “My Applications & Documents” tab on the “Apply Online” page. From here, you can view the status of your overdraft application as well as download and save all documentation relating to your application. If your application has been sent to a lender for assessment, we will send you a text message to advise when a decision is available.