Rating based on 7 reviews


  • Short-term loans up to £50,000
  • Low-interest starting from 3.4%
  • Repayment up to 10 years

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RBS homepage
Author RBS. Screenshot of RBS website.
[Accessed October 20, 2021]

About RBS

Need cash, fast? Look no further. RBS can help you to access the cash you need, today.

You can quickly apply online or you can visit one of around 700 branches all over Scotland, there are also branches in many larger towns and cities throughout England and Wales. They have over 71 200 staff members that are qualified and experienced in the finance field, ready to help you with a loan that will suit your budget and needs.

The Royal Bank of Scotland is a major retail and commercial bank in Scotland that has been assisting people with short-term loans in the UK since 1727. Enjoy a little flexibility when you apply for a loan, they might allow you to defer your first repayment. You can also defer your first loan repayment for a three-month period.

Low-interest short-term loans UK

Before you apply, you can get a quick idea of the loan rate, terms, and amount you can possibly borrow without harming your credit score. Apply, if you are happy with what you see. With them applying is extremely quick as they will even pre-fill parts of the application for you.

They will also ask you to log in to your digital banking and if all goes well you will be done within less than 10 minutes. You can enjoy a same-day cash transfer If you apply online and sign the loan agreement before 5.45 pm Mon-Fri.

RBS Services

Get a loan between £1,000 and £50,000 and repay it over either 2 to 5 years, 2 to 8 years, or 2 to 10 years depending on the amount you borrow.

They offer loans between £7,500 and £19,950 with a rate starting at 3.4% APR. alternative rates will apply to other loan amounts. Choose the most suitable finance solution for you with their help – they have lots of different ways to borrow money.

Investments – achieve your financial goals

Find a way to make your money work harder for you and your family. They have something suitable for everyone and you can start investing for only £50. Although investing is designed for the longer term, you could also withdraw at any time.

Banking with RBS

With their banking app, you can do your everyday banking from the comfort of your home. Making payments, going paperless, viewing and downloading statements, and applying for easy online loans.

Build, grow and thrive in your business 

This product can help you to get your business back on track. Enjoy more flexibility and time to repay your loan.

RBS – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 3.4%
  • Loan Amount up to £50,000
  • Repayment 2 years to 10 years

Benefits of RBS

  • Apply online within minutes
  • Flexible loans
  • Repayment holiday

Short-term loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

Short-term loans – low-interest short-term loans, online!

They have a wide range of tools to help you access the loan you need and to give you a better idea of what you are looking at.

Tools that might help you out

  • Mortgage borrowing calculator
  • Mortgage overpayment tool
  • Credit card eligibility checker
  • Credit card repayment calculator
  • Set up a savings goal
  • Overdraft eligibility checker
  • Overdraft calculator
  • Loan calculator
  • Financial Health Check
  • Budget calculator
  • Spending and budget tracker 

100% online – same-day approvals

You can use their online loan calculator to see how likely you are to be approved and how much will be perfect for you – without affecting your credit rating.

Their criteria

  • Are 18+.
  • Be a UK resident and a Royal Bank of Scotland bank account (held for 3+ months).
  • Haven’t been bankrupt over the last 6 years.
  • Have not applied for a loan with them within the last 28 days.

Three steps to access a short-term loan

Step one: Fill in their quick online form, you will have to answer simple questions to give them a better idea of who you are and how much you can afford. They will also pre-fill parts of your application to speed things up! This generally takes less than 10 minutes to complete.

Step two: If approved they will provide you with a breakdown of what you can borrow, the terms, and all fees and rates. You can then sign the agreement if you are happy to proceed. 

Step three: Receive your online short-term loan. If you sign before 5.45 pm on a business day you will receive the fund in your nominated bank account on the same day.

Applying with The Royal Bank of Scotland

  • Same-day cash transfers.
  • Enjoy avoiding piles of paperwork.
  • 100% online, or at your nearest branch or on the phone, whatever you prefer.
  • Access the loan you need safely and securely.
  • You will be able to manage your digital finances on the go.
  • Low rates.
  • Affordable repayment terms.
  • Tailored loans.
  • Friendly and experienced staff.

Customer Reviews & Testimonials

October 2019

Impressive staff that is always willing to go the extra mile.

Tilly C
— York —

July 2020

I got the exact amount I needed in just a few hours. They are not just all talkers, but doers as well.

Mathew W
— Oxford —

August 2020

Great service! They had my best interest at heart and I felt very safe to share my information with them. They really took the stress out of getting finance for me.

Sarah P
— Belfast —

RBS Contact

Contact Number


  • not available


Physical Address

  • Admiralty Arch, 49 Charing Cross Rd, London SW1A 2DX United Kingdom
  • Get Directions

Opening Hours

  • Monday 09:30 – 16:30
  • Tuesday 09:30 – 16:30
  • Wednesday 10:00 – 16:30
  • Thursday 09:30 – 16:30
  • Friday 09:30 – 16:30
  • Saturday – Closed
  • Sunday – Closed