Our loans are a flexible way to bring your plans to life. Whether you're thinking of a new car, some work around the house or just reorganising your finances. Apply online and you could have the money in your account instantly*.
*Existing customers only
Coronavirus (COVID-19) - If you have been impacted directly or indirectly by Coronavirus you may benefit from taking a repayment holiday. Find out more on our Loan Repayment Holiday page.
If you’re over 18, a UK resident; and have had a TSB current account for more than three months, you can apply online, in a branch or by calling us on 0345 835 3861.
If you haven’t had a TSB current account for more than three months, or are completely new to TSB, you can still apply for a loan with us. You will need to be a UK resident. If you are aged 18 or over you can apply in branch or by calling us on 0345 835 3861. You can also apply online if you are over 21.
Please note that we do not accept loan applications for:
Speculative ventures e.g. share purchase or gambling
Illegal purposes, e.g. drug related activities or racketeering
Refinancing of a loan arranged through the Student Loans Company
Purchasing or putting down a deposit on a property, timeshare or land
Retaining property rights (e.g. to repay an existing mortgage in full or to pay ground rent or service charges)
Paying household bills
These purpose exclusions apply whether the customer is looking to borrow money on their own behalf or to support a third party, e.g. a parent wishing to borrow money to provide a child with a property deposit must be declined.
For existing TSB current account holders, the funds will be transferred to your bank account immediately between 9am and 8.30pm, or before 9am the following day if you’ve applied outside of these times.
For all other customers, we need to do a few more checks. The money is usually in your chosen bank account by 7pm the following working day (for applications completed before 6pm). Excludes weekends.
You can repay your loan early in full or part. To repay your loan early in full, including when you wish to refinance your existing loan, please contact us on 0800 111 4166 or visit us in Branch. We will arrange to send you a settlement balance. This is the amount you will need to pay to close your loan and is different to the current outstanding balance. Please note, we may charge you up to 58 days' interest on any full settlement you make.
If you make any other additional payments, we will use these to partially settle your loan. This means you will continue to make your normal monthly payments, but the number of repayments and the amount of your final repayment may change.
The interest rate of your loan is personal to you and will depend upon a number of factors including the amount borrowed, the term of the loan and your personal circumstances. To find out how much your loan will cost you can get a personalised quote, which won't affect your credit rating. This puts you under no obligation to proceed with the loan but will enable you to see how much you can borrow and what it may cost.
The amount you can borrow with a personal loan will depend on your personal circumstances, however we provide unsecured loans from £300 up to £50,000. For Graduate Loans, we provide loans from £1,000 up to £10,000.
* To apply for a loan between £300 - £999 and 25,000 - £50,000 you need to hold a TSB current account.
Before we can give you a decision, there are a few things we need to discuss with you. If you’ve held a TSB current account for more than 3 months please contact us on 0345 835 3861 (9am to 5pm Monday to Friday, closed weekends) and we can give you a decision right away. Calls may be recorded.
Customers must not have been declared bankrupt or have a County Court Judgement. All other customers who meet the eligibility criteria are entitled to apply. TSB completes a credit search for each new application made to enable us to give a credit decision.
The monthly repayment cost of a loan will depend upon the amount borrowed, the term of the loan and the interest rate. To find out how much your monthly repayment will be you can get a personalised quote which won't affect your credit rating. This puts you under no obligation to proceed with the loan but will enable you to see how much you can borrow and what it may cost.
This right to withdraw will start on the day after you sign your loan agreement. If you do wish to withdraw from your loan during this time you must repay, no later than 30 calendar days after giving notice of withdrawal, the total loan amount (this is the amount we paid into your account) and the daily interest that we charge, both can be found on the Loan Agreement.
You can withdraw by calling us on 0800 111 4166 (8am to 6pm Monday to Friday, 8am to 2pm on Saturday) or by sending any notice to TSB Bank plc, PO BOX 373, Leeds, LS14 9GQ.
If you want to talk to us about withdrawing from your loan more than 14 days after you've signed your loan agreement, please call us on 0800 111 4166 or
visit your local branch to find out the details.
You can repay your loan early at any time in full or part
We may charge you up to 58 days interest on any full settlement you make
If you make any additional payments we will use these to partially settle your loan. This means that you will continue to make your normal monthly payments, but the number of your repayments and the amount of your final repayment may change.
Additional payments can be made directly to your loan account from your TSB current account using Internet Banking, or by sending a payment to:
Sort code : 30-28-90 Account number : 00000000
and Loan agreement number as the reference. This can be found on your statement.
These are credited in line with our
payment timescales. Repayments made this way may take up to 48 hours to appear on the loan statement after we receive the payment, but we'll reduce the interest you'll pay from the day we receive it. There is no charge for making additional payments to a loan.
There may be lots of different reasons you might need to bank with us differently, either in the short term, or on a continuing basis. It could be because of your physical or mental wellbeing, or because of a life event you’ve experienced. Whatever the reason, we are committed to tailoring our support to your personal needs.
If you choose to tell us about your individual support needs, we will take the time to understand your circumstances and work with you to make sure you have the support you need when banking with TSB. We can add a Support Indicator to your account, which means whenever you talk to us, we'll be aware that you may need tailored support.