Ulster Bank first started their banking business in Belfast, Ireland in 1836. They have since expanded to the UK, committed to putting UK customers at their centre. Now part of the NatWest Group, they continue serving individuals, small businesses, and commercial clients.
An Ulster Bank personal loan may be just the thing for your personal financing needs. On a tight budget? The Ulster Bank personal loan calculator can provide the monthly cost that’s just right for you.
Terms from 1 to 10 years. Representative example: 5 year £10,000 loan with comparison rates from 2.8% to 49.9% APR would cost between £10,728 and £27,321, including fees. The interest can vary between £728 and £17,321.
About Ulster Bank loans
When shopping for loans, you should learn about the features of the loan you’re considering.
Here are the key features of an Ulster Bank loan:
- Limit from £1,000 up to £50,000 (up to £35,000 only for joint loans)
- Term of 1 to 8 years (up to 10 years for home improvements)
- Fixed APR (currently at 3.4%)
- Soft search loan quote
- Direct-debit repayment
- Application process within 10 minutes
- No product fees
- Same-day crediting of funds to your account
The maximum loan term changes depending on your loan amount. For loans between £1,000 to £7,450, the maximum is 5 years. Meanwhile, £7,500 to £50,000 loans get up to 8 years (unless it’s a home improvement).
You can visit Ulster Bank’s website here for other details.
On loan purposes
You cannot use an Ulster bank loan for any of the following:
- Buying land
- Paying household bills, rent, or mortgages
- Paying car taxes
- Funding a business
- Settling payments in arrears
- Tax avoidance
- Paying court or solicitors’ fees
- Gambling
- Investing or buying shares
Ulster Bank loan application process
The Ulster Bank loan application form is available online. You can only apply for a loan if you:
- Are aged 18 years old or older
- Are a UK resident
- Have owned an Ulster Bank current account for more than 3 months
- Do not have any bankruptcy record in the past 6 years
- Have not applied for a loan with Ulster Bank in the past 28 days
Be prepared if Ulster Bank asks for additional information or supporting documents. They will finish processing your application within 2 working days.
Ulster Bank personal loan calculator
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£20,000
to £24,999
Representative 3.4% APR This rate is available on loans between £7,500 and £19,950. Other loan amounts are available at alternative rates. Our rates depend on your circumstances and loan amount and may differ from the Representative APR.
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £25,000
Paying off your debt using a Nationwide loan could give you the chance to take control of your finances.
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £15,000
You are eligible if youre 21 or over and live in the UK permanently, you have a regular yearly income of £6,000+, you are able to make your repayments by Direct Debit, and you havent been declared bankrupt, had a CCJ or an IVA within the last 6 years. All credit is subject to status and credit checks.
Repayment Period
12 months
to 96 months
Loan Amounts
£15,000
to £25,000
Make your plans a reality with a personal loan with fixed monthly payments, an instant credit decision, quick access to funds and no arrangement fee.
Repayment Period
24 months
to 60 months
Loan Amounts
£15,000
to £24,999
When it comes to putting your plans into action, its personal. And with a personalised loan just a few clicks away, getting things moving could be simpler than you think. Get your loan rate before you apply without it affecting your credit score.
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Minimum and maximum loan periods vary between 1 month and 10 years. APR varies between 2.80% and 71.30% p.a. Total interest repayments vary between £435 and £1,019 over the life of the loan. *APR is based on an unsecured loan of R£15,000 for a term of 3 years. WARNING: This APR is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different APR. These rates can change without further notice. All rates quoted are per annum.
