About – Lloyds Bank
Lloyds Bank understands how hectic life as a student can get; from student loans, classes, exams and social and family commitments you've got a lot on your plate and there's no reason that banking should add to the heap!
With Lloyds Bank you can access financial and banking services specifically designed for students and people on the move!
Use our student account to manage you loan
When you've been endorsed for a loan by the Department of Education, Lloyds Bank can help you handle your student loans using our convenient student accounts.
It's a convenient arrangement that will allow you to draw money, deposit money and pay using yor bank card!
A partner throughout life
We are advancing towards our Vision
Through our change program we will convey business, specialized and hierarchical change in our drive to become an advanced, customer centred service provider.
Graduate loans to Lloyds Bank Customers
We offer existing customers and students a conveniont Lloyds Bank graduate loan - so you can do the things you need to achieve your dreams and succeed in your chosen career.
Lloyds Bank can help you with your banking needs, call us today.
Services – Lloyds Bank
While studying in the UK, you will require sufficient money to cover your living costs (lodging, food, clothing, and so forth.) and, in addition, college's educational cost and fees. We're here to help ease the pain and make life just a little bit more simple. We offer student accounts, student loans (also known as graduate loans) and a variety of other financial products and services specifically designed to cater to the needs of UK students.
Estimate the cost of your studies accurately
So what amount of cash will you require? You can get a general thought regarding costs by taking a gander at lists or application data gave by the college. Keep in mind, nonetheless, that educational cost rates change massively. A few colleges could be less expensive than others, yet this is not generally genuine, so to get the best thought of costs you have to contact the schools you are interested in.
Living expenses as part of a student loan
The cost of living in diverse parts of the UK differs greatly. All in all, living in urban areas such as in London, is more costly than living in littler towns or rural regions. Leasing a flat in a city can cost twice as much as it does in a small town and if you're student loan doen't sufficiently cover this, you may find yourself in a bit of a difficult situation. Similarly, food, clothing, entertainment and other living costs may be more extravagant in a city. Most student loans from the Student Loans company will cover a portion of these costs but, the rest is up to you or your family.
The Importance of Budgeting
Budgeting is an important skill for any student. Before you begin your studies, creating a "master plan" budget that will incorporate educational costs, food and lodging, transportation, and living costs is neccessary. Later you can be more particular, thinking seriously about each and every expense and detail.
Summary of Services
- Quick Personal Loans
- Graduate loans
- Business Loans
- Student Loans
- Credit Cards
- Flexible Loan
- Car loan
- Home loan
- Debt consolidation loan
Graduate or Student Loans from Lloyds Bank
If you have been a Lloyds Bank Graduate account holder for a period of 3 months or more, are 18 years or older and are a UK resident you are eligible to apply for a graduate or student loan from Lloyds Bank. You can apply for a graduate or student loan between £1,000 and £10,000 and repay this in a term of between 12 and 60 months. The amount that we approve for graduate or student loans depends on your status and affordability.
You can apply for a personalized quotation which will not affect your credit score at all! You're also entitled to repay your graduate loan partially, or in full at any time without any early repayment fees.
Lloyds Bank – Help Understanding Student Loans
Student loans that cover tuition and, in some cases living expenses, are offered to all students irrespective of household income by the Student Loans Company. You will only be required to start repaying your student loan once you have graduated from university and are earning more than £21,000 per annum.
During your studies the interest on your student loan is covered and paid by the government after which a new interest rate, currently 9.9% per annum will be applied to the loan amount. Lloyds Bank has a wealth of information, helpful guides and links to help you understand everything you need to about student loans.
Lloyds Bank – Student Loans and Banking
Lloyds Bank offers student 0% interest on overdrafts on our student credit cards and accounts. We also offer graduate accounts to help ease you into working life. This account comes with a maximum £2,000 overdraft for your fist year after graduation, £1,500 in your second year and finally, £1,000 in your third year. This graduate account also offer 15% cashbacks, text alerts and can be conveniently used at any Visa locations worldwide.
If you have a current account with another bank you can switch to a Lloyds Bank graduate account and all your debits and will be automatically moved over too. To apply for a graduate account with us you must have graduated within the past three years, be a UK resident and be able to provide proof of your graduation.
Contact Details185 Baker Street
Phone: 0345 300 0000 / 01733 347 007
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