Shawbrook Bank Personal Loan

Banking is a growing business. Everyone in one way or another relies on banks. With the increasing technology online banking has been given priority lately.


Service offered by banks vary from credit cards to personal loans. Clients can access products through phones, tablets and even computers. One of the most successful banks in this scenario is Shawbrook Bank limited.

Shawbrook Bank limited is a commercial and retail bank in the United Kingdom. It is a financial company which was founded in the year 2011. Since then Shawbrook company has majored on building their business. They provide a select range of products to people who are underprivileged by other banks. Major products offered are the personal loans available for clients.

A personal loan ranges between fixed amounts £1000 to £35,000 set at a fixed interest rate in a fixed term. To qualify, the client must have attained age 21-75, must have been a resident in the UK for at least three years. And most importantly, have an annual income of at least £15,000 with an account with them.


Interests offered to this loans are calculated daily but applied monthly. All loans are subject to status and interest rates. The rates vary according to financial circumstances and the chosen loan amount of the client. For example, an interest of 12.9% APR fixed on a loan of £10,000 is paid in 60 months. The monthly payment £223.43 amounts to £13,405.80 for the period.

Thirty days are given to clients to decide to take a loan or not in case they did apply for loan online. Money processing takes only three working days for a client to receive the cash.

The loan advantages clients from Shawbrook enjoy are many and come in in many different ways and forms. There is fast communication when applying for a loan online. This is one of the main reason many people do prefer Shawbrook company limited.

Shawbrook offers various loan terms upon someone taking a loan with them. This company is based on client service than a computer-oriented company. Hence, the loan terms and durations are given based on client needs and not schedule as such. Loan terms are available between 1-7 years. Within the period, the client gets fixed payments over a fixed duration.

Thirty days are given to clients to decide to take a loan or not in case they did apply for loan online. Money processing takes only three working days for a client to receive the cash.

The loan advantages clients from Shawbrook enjoy are many and come in in many different ways and forms. There is fast communication when applying for a loan online. This is one of the main reason many people do prefer Shawbrook company limited.