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Lloyds Bank

Updated
  • Student loans up to £10,000
  • Low-interest starting from 3.3%
  • Repayment up to 60 months

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Lloyds Bank homepage
Author Lloyds Bank. Screenshot of Lloyds Bank website.
[Accessed September 8, 2021]

About Lloyds Bank

Life's a journey – Start with a student loan from Lloyds Bank.

You already have a scenario sketched of how life is going to work. You have a zest for life and a passion for becoming everything you dream of and more. Life is indeed a marathon and not a sprint. Let the marathon to your great success story kick off with a student loan from Lloyds Bank.

A brief history of Lloyds Bank 

Just like any great story Lloyds Bank started from humble beginnings way back in June of 1765. Lloyds Bank was the brainchild of John Taylor and Sampson Lloyd.

What was then known as Taylor's and Lloyds, financed the trade and industry in the town of Birmingham. Financing industries were known for being iron founders, button and buckle-makers as well as gun makers.

Get a student loan from Lloyds Bank

Starting on your life’s journey is very exciting. Often people with big dreams need that little extra help. Many times it means that you need to get a loan to help you reach your goals.

Wanting to study can be one of your reasons for obtaining financing. That is where Lloyds Bank becomes important to you. With a student loan from them, you can start investing in a strong career path for your future. 

Why get a student loan

With a student loan from Lloyds Bank, you are spoiled with many attractive features. Along with offering you flexibility on your student loan repayments.

They give you the option of applying for a payment holiday twice a year. The student loan from Lloyds Bank is tailored to you by letting you choose your repayment term as well as a personalized rate based on your personal circumstances. How great is that?

Lloyds Bank Services

Whenever you need a loan for any purpose there are some important factors to consider.

The most important are the benefits the institution offers. With a student loan from Lloyds bank the benefits are great and the service even better. Being in the business for over 300 years sure does make them a great choice for a student loan.

Student loan decisions in minutes

Honestly, whoever likes waiting? That is most likely one of the least favorite things people want to do. Waiting is not a factor when it comes to getting a student loan from Lloyds bank. Log on to Internet Banking to get a personalized quote and get an instant student loan decision. How great is that?

Know what you can get

Many financial institutions still need you to go through all the paperwork and sometimes even a branch visit before they tell you what you can get. With Lloyds Bank, you have the convenience of getting an accurate online student loan quote before you apply.

With their online student loan calculator, you can simply indicate your desired student loan amount. Depending on the repayment terms, they tell you instantly what you will be budgeting for. No fuss at all. This process does not affect your credit rating.

Make your student loan easier

Lloyds Bank offers their customers three different accounts, each with its own purpose and benefits:

  • The Classic Account – This account is great for students giving free everyday banking and no extra monthly fees for maintaining the account.
  • The Club Lloyds Account – There is a minimum fee, you earn interest on this account and they spoil you with a choice of yearly benefits.
  • The Platinum Account – Offering you a flat rate for maintenance, worldwide multi-trip family insurance, mobile phone insurance, and AA breakdown cover.

Lloyds Bank – Student loan

  • Loan Type Student loans
  • Interest Rate from 3.3%
  • Loan Amount up to £10,000
  • Repayment 12 months to 60 months

Benefits of Lloyds Bank

  • Make additional payments  
  • Have access to your transactions and statements
  • Change your details
  • You can also apply for a repayment holiday

Student loan calculator

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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.

Lloyds Bank looks after their clients future with an affodable student loan

When you start your journey of life you want to make sure you have the backup you need to help you succeed.

Having the peace of mind knowing that you have a great team behind you cheering you on in life makes a big difference. With a student loan from Lloyds Bank that is exactly what you get. They want you to succeed and become part of their success story.

Your student loan pre-application criteria:

  • You need to be 18 years of age or older.
  • You need to be a UK resident.
  • You will need a Lloyds Bank current account for 1 month or longer.
  • You have to earn a regular income.
  • You have to have a good credit score with no judgments.

How it works

If you are already registered with Lloyds Bank, you can simply log on using your user id and your log-on details. If you are not registered you can do so now. The registration is simple and only takes a few minutes of your time. You can register on the mobile app as well.

You will be asked a few easy questions about yourself and your account details. After you have registered they will send you a confirmation email to make sure it is you. Once confirmed you can now go ahead with the application. 

Step one

First off you are going to use their helpful student loan calculator and indicate how much you want to borrow and also over what terms you plan on repaying. This will be a simple process and won't affect your credit score at all.

Step two

You will get an instant quote showing you exactly what you will be repaying in interest. You can now accept the option that suits you best and proceed. At this stage, it is advisable to have any necessary documentation ready for your student loan application.

Step three

Filling in your student loan application is easy and takes only a few minutes. If all documents are in order and submitted on request, you will get a student loan decision instantly. You are now at the point where you accept their offer

Step four

Your student loan has been approved and you have accepted and agreed to the terms. You will be receiving your student loan amount the same day or at the latest the next morning. Getting a student loan has never been easier or more convenient.

The benefits of a Lloyds Bank student loan

  • Repayment holidays and flexibility.
  • Choose your personalized rate.
  • Receive instant student loan
  • Receive quick payouts.
  • Their student loan quotes don't affect your credit score.

You can conveniently apply for a student loan online.

man holding thumbs up

Lloyds Bank is a trusted & reliable provider of student loans

In our review, Lloyds Bank adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Lloyds Bank is a registered credit provider in UK: FSA 119278

Customer Reviews & Testimonials

August 2021

Getting ahead in life is sometimes such a struggle. The best decision I could make was to get a student loan from Lloyds Bank. They are a great Bank and go the extra mile for their customers.

Sophia J
— Birmingham —

April 2021

When I decided to apply for a student loan I needed a loan that would give me worth for my money. I did not search far to find what I needed from Lloyds Bank. They have great rates and their bene...

Sarah A
— Bath —

July 2021

A friend of mine had told me about Lloyds bank and the great service she had received. I had to simply see for myself and I was pleasantly surprised to find that they had so many benefits. I will...

Leo W
— Coventry —

Lloyds Bank Contact

Physical Address

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:30 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed