RBS Personal Loan


The Royal Bank of Scotland is one of the oldest banks in all of the United Kingdom. The Bank played a massive role in building the country, and establishing themselves. Helping others to reach their financial goals is their objective. The Royal Bank’s success is dependent on the success of other clients.

RBS offers personal loan from £1,000 to £50,000 along with the APR starting from  3.4% depends on the individual circumstances. If applicants would like a loan, there are a few things to consider. Borrowing £7,500 over 60 months will give customers an APR of 3.4%. There are different ranges that they should consider. If they borrow £25,050 – £50,000 they will have an APR starts from 6.2%. Borrowing £3,000 – £4,950 gives them an Apr of 19.9%.

Getting a loan from RBS is easy. Let’s assume you borrow £14,000 for over 60 months. Monthly repayment will be £253.75 along with APR of 3.4% and at the end of 5 years the amount of money you will have paid is £15,225.

Generally, the more money applicants borrow, the lower their Apr will be. If customers  apply for a loan there are a few requirements. Applicants must be over the age of 18 so they can be responsible for their money. They cannot have declared bankruptcy in the past 6 years so that the bank knows that they can pay back what they owe.


The bank must also approve the purpose for the amount applicants would like to borrow. There are a few factors that decide their future, so they should read all of the information on their website. There is a calculator on RBS website so applicants can calculate rates. Customers can create a free quote quickly on the Royal Bank website.

If someone who don’t want to make a big purchase, considering the short-term loans that are available will be a good choice. Whether it’s opening a business or buying some furniture, they are here for customers. The smaller loans don’t require such a large commitment, so customers don’t have to worry about their status decades from now.