For a limited time, customers applying for a Personal Loan from Banif Bank will benefit from an advantageous rate of just 5.99% p.a.

Along with other products under the Personal Loans Plus Protection line, the Personal Loan from Banif Bank can be taken to finance various projects and purchases. Customers can borrow up to 100 per cent of the value of the amount, provided it is between €1,000 and €30,000, and benefit from lower monthly repayments by spreading the loan over a period of up to seven years. Extra repayments may be made to settle the loan earlier without incurring any costs.

Loans from Banif Bank include an insurance policy taken out by the bank in its name, which protects customers and their families in the case of unforeseen circumstances such as accidental death, temporary or permanent total disablement or redundancy.

"The rate we are offering, together with the added protection provided by the insurance policy, undoubtedly gives us an edge in the market," said Dirk Spiteri Lucas, head of Business Strategy at Banif Bank. "The Personal Loan is a very flexible product which can be used to upgrade your lifestyle in a variety of ways, such as home improvement, weddings, holidays, jewellery, digital equipment and more. At 5.99% p.a., this is the time to give life to projects and ambitions."

The product's marketing has been enhanced by a new visual concept and the TV commercial features a track from The New Victorians's new album, through the bank's collaboration with the upcoming local band.

More information about the Personal Loan from Banif Bank, including the terms and conditions, are available from www.banif.com.mt. Clients may also contact Customer Care on 2260 1000 or visit any Banif branch.