Consumer loan
A consumer loan is a loan that requires no collateral which you can use for a range of things – from something big you have been wanting to buy for a while to unexpected costs.
Loan amount
Fixed interest rate
Contract fee
Contract length
Administration fee
Optional
Campaign until March 31, 2026
You can use a consumer loan in any way you like to bring your plans to life, however big or small. The interest rate is fixed for the duration of the loan, which means your repayments won’t be affected by fluctuations in Euribor. When entering into your contract, you can choose between a standard and a seasonal repayment schedule.
We make you a personal offer that depends on the amount you’re looking to borrow, the length of your contract and your creditworthiness. You can lodge your application on our self-service site or via our app, where it’s also easy to keep an eye on your contracts. Everything – applying, amending your repayment schedule, paying off your loan early and more – can be done digitally.
Weigh everything up and review the terms and conditions of the contract before making your decision. If you have any questions or need advice, contact us.
Regular and seasonal repayment schedule
When you apply for a small loan, you can choose between a regular and a seasonal repayment schedule.
With a regular repayment schedule, all your monthly payments are the same and are fixed for the duration of the repayment period.
With a seasonal repayment schedule, you’ll have a payment break from the loan’s principal repayments for four months every year. That means during the winter, when utility costs tend to be higher, all you pay is the interest on your loan. The repayment break months are November, December, January and February of every year for the duration of your loan. You can choose the repayment schedule that suits you when you enter into your contract.
Loan payment protection insurance
Loan payment protection insurance provides financial security in unexpected situations that may affect your ability to make loan payments. If you face challenging circumstances, such as incapacity for work or job-loss, the insurance can help cover your loan payments.
The insurance can be conveniently added through our self-service platform before signing the loan agreement. For more detailed information about loan payment protection insurance, please refer to our loan payment protection insurance page or click the loan insurance information tooltip in self-service before signing the loan agreement.
The provider of loan payment protection insurance is If P&C Insurance AS. Please familiarize yourself with the terms and conditions In the event of a claim, please call +372 777 1211 or submit your claim at if.ee.
To fulfil the due diligence obligations placed on us as a bank, we may ask you to verify your identity via video in Veriff’s environment. To verify your identity, you will need a device with an internet connection and a working camera. Please have your identity document ready and follow the step-by-step instructions shown on the screen. We will send you a personal link for identity verification to your email address.
Frequently asked questions
If you need more time to think things through before you sign the contract, the offer will be pending in our self-service environment.
We follow the principles of responsible lending. Therefore, in some cases, we need your bank statement or digital identification. We will always keep you up to date with the application process.
Log in to the Internet bank of swedbank.ee.
Select ‘Everyday banking’ and ‘Account statement’.
Mark the period ‘Start’ (6 months ago from today) and ‘End’ (today).
Select ‘Send inquiry’.
Then click "Download" at the top right of the displayed statement.
You can save the document in ASICE format to the computer with the confirmation of the bank, or send it to [email protected] together with the personal identification code. You can also upload your account statement in our self-service environment.
SEB
Log in to the Internet Bank from https://www.seb.ee/eng?c=1
Select ‘Transactions’ from the menu and then ‘Account statement’.
Select the period: ‘From’ (6 months from today) and ‘Until’ (yesterday).
Select ‘Digitally signed’ and then save the account statement to your computer.
Send the saved account statement together with your personal identification code to [email protected]. You can also upload your account statement in our self-service environment.
LHV
Log in to the Internet Bank from https://www.lhv.ee/en
Select ‘Assets and liabilities’ from the menu and then ‘Account Statement’.
Select the period: start date (6 months ago from today) and end date (today).
Then, click the ‘Save’ button at the top right and save the account statement in ASICE format to your computer.
Send the saved account statement together with your personal identification code to [email protected]. You can also upload your account statement in our self-service environment.
Coop Pank
Log in to the Internet Bank from https://www.cooppank.ee/en
Select ‘Statement’.
Select the period: ‘From’ (6 months from today) and ‘Until’ (today).
Select ‘Account statement’.
Click ‘Save’, select the ASICE file format, and save the account statement to your computer.
Send the saved account statement together with your personal identification code to [email protected]. You can also upload your account statement in our self-service environment.
Luminor
Log in to the Internet Bank from https://www.luminor.ee/en/private
Select ‘Post’, select the subject ‘Account’, and enter the content of the message: ‘Please send a digitally signed statement for my account No. xxx for the last 6 months to the e-mail address.’
Please note! Luminor only sends encrypted (CDOC format) statements by e-mail, which you can only open with your ID-card and PIN 1 (decrypt with an ID-card). Then, save the file in ASICE format (as a digitally signed file) to your computer. Send the saved statement together with your personal identification code to [email protected].
You can also upload your account statement in our self-service environment.
• the head of state or government;
• a minister and deputy or assistant minister;
• a member of Parliament or a member of a legislative body similar to Parliament;
• member of the governing body of a party;
• a judge of the supreme judicial body of the State or member of the Supreme Court;
• the Auditor General and a member of the supervisory board or management board of the central bank,
• an ambassador, an envoy, or chargé d’Affaires;
• a senior officer of the Defence Forces;
• a member of the management board and administrative or supervisory body of a company controlled by the state;
• the head, deputy head, and member of the governing body of an international organisation. A politically exposed person is also considered to be a family member of such a person (spouse or person considered to be equivalent to the spouse, parent, child, spouse of the child, or person considered to be equivalent to the spouse). A close associate of a politically exposed person is a natural person who:
• is the beneficial owner of a legal person or trust with a politically exposed person;
• has a close business relationship with a politically exposed person;
• is the beneficial owner of a legal person or trust established for the benefit of a politically exposed person.
A device with an Internet connection and a working camera is required for verification. Have your ID ready and follow the step-by-step instructions on screen. We will send you an email with a personal link to verify your identity.
Additional information
The financial services provider is Holm Bank AS. Review the terms and conditions of the contract and consult an expert. The annual percentage rate of charge is 19.79% on the following sample conditions – loan amount: €4,500; contractual fee: €67.50; administration fee: 0.99€; repayment period: 44 months; fixed interest rate: 9.99% of loan amount per annum; total amount payable: €6,289.64; net repayments: €6,222.14 ; number of repayments: 48.
Holm Bank AS
Posti 30, 90504 HaapsaluReg. code 14080830VAT EE101970615
