• Am I eligible for a Tesco Loan?

    To apply for a Tesco Bank Loan you need to meet the following criteria:

    • Aged between 18 and 74. You must be aged under 75 at the end of your loan term
    • Be in employment with no probationary period, or have a regular income e.g. pension
    • You've lived in the UK for at least three years
    • You have a UK personal current account

    Please note the following criteria which applies to our loans:

    • If the loan is to repay other debt (refinancing), the minimum age is 22 years old
    • For loans under £3,000 the maximum term is 3 years
    • For loans under £15,000 the maximum term is 5 years, except for loans for home improvements which is 10 years
    • For loans over £15,000 the maximum term is 10 years, except for refinancing which is 7 years
    • For a joint application, the main applicant's bank details must be the named account used for making repayments
    Comments 3 Comments
    1. TrinhO -
      Hi @Dan140580 , thanks for getting in touch. You would need to give our Loans team a call directly to discuss increasing your loan I'm afraid. You can reach them on 0345 600 6016 (Mon - Fri: 8am - 8pm Sat - Sun: 9am - 2pm). Also, please delete your message so that your phone number is not stored here.
    1. Lakshmi20 -
      Hi, I just wanted to find out if I am eligible to apply for a loan, Thank you
    1. KellyT -
      Hi @Lakshmi20, you can view the eligibility criteria by following the link above :) Please let me know if you have any further questions.
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