A member of the Big Four Irish Banks and subsidiary of The Royal Bank of Scotland Group since 2000, Ulster Bank (Ulsterbank.co.uk) is a major provider of loans and other financial products for customers across Ireland and the UK. Ulster Bank has a range of loans available to help its customers to achieve their financial goals and make their dreams a reality.
Ulster Bank’s personal loans are unsecured, so there is no collateral attached to the loan, like your home or car. A personal loan can be borrowed for a range of different purposes, whether you want to pay for a big life event, like a wedding, or take a holiday and spread the costs out over a longer period of time.
All of Ulster Bank’s personal loans come with a fixed interest rate, so the initial rate you’re given at the start of your loan won’t change throughout the full term. Although Ulster Bank advertises a 6.4% APR Representative, the rate you’ll receive will be personalised to your loan, depending on the amount you want to borrow and your personal financial circumstances and history. Special rates are also available for existing ufirstgold customers.
Ulster Bank offer flexible personal loans so you can choose how much you want to borrow and how long your repayment term will be. Customers can borrow anywhere from £1,000 to £25,000 and choose to make repayments over one to five years for loans up to £10,000 and up to seven years for loans over £10,000. If you’re taking out a Ulster Bank personal loan to carry out home improvements then you have the option of repaying over a ten year term. If the loan is being used to pay for a holiday then only a one year term is available.
Customers looking to apply for a personal loan from Ulster Bank can do so in their local branch, over the phone, or online.
