ESTIA RENOVATION is a loan granted for repairs or renovation of owner-occupied homes on the following terms:

  • without mortgage prenotation
  • financing amount up to 100% of the cost of repair/renovation works
         the maximum being €20,000
  • advance disbursement in order to immediately start repair/renovation works
  • floating interest rate at 6.9% throughout the loan term
  • low review and disbursement fees
  • low instalment amount due to longer repayment term up to 10 years
  • repayment flexibility in line with your needs.


In addition, each on-time instalment payment of your housing loan earns points in the go4more reward programme.

The reward points apply to NBG debit or credit cardholders registered with the go4more programme.


Moreover, in collaboration with Ethniki Insurance, we give you the option to take out insurance cover, through quick and easy procedures:

  • property insurance
  • borrower’s/ guarantor’s life insurance


For more information on the terms and conditions, see Details.

Loan purpose

Repair of owner-occupied home.


Loan disbursement

The loan is disbursed in up to three instalments:

  • first instalment (advance payment): up to 30% of the loan amount, which is finalized
         after an engineer-associate of the Bank reviews the fair cost of works
  • interim instalment (optional): up to 30% of the loan amount, which is finalized after 
         an engineer-associate  of the Bank certifies completion of the works that were financed 
         via the first instalment.
  • final instalment: disbursed once all works at the financed home have been completed
         and certified by an engineer-associate of the Bank. 


Loan repayment

The loan is repaid in monthly amortization instalments on the disbursed amount. Instalment payments commence one month after the loan disbursement.

Instalments are automatically paid through a loan-linked Deposit Account designated by the borrower and  held  with National Bank of Greece.


Loan term

Up to 10 years, on condition that the youngest party involved (borrower or guarantor), declaring personal income, will not be older than 75 years at the term of the loan.


Repayment flexibility

You can adjust the loan to your needs, by choosing:

  • an initial interest-only payment period for the first 1 or 2 years
  • option to skip one installment per year, as of the 2nd year of the loan term.


Full or partial early repayment

You can fully or partially repay your loan without any charge.



You are not required to register a mortgage prenotation on your home. 

Rates and Charges

For more information regarding the rates and/or charges applying to your  loan, click here.

Stop by any NBG Branch to find out more and apply for the loan that best suits you.

Payment of Instalments

Your loan instalments are automatically paid through a loan-linked Deposit Account held with National Bank of Greece.



To keep you duly updated, the Bank sends you an account statement on a regular basis, containing information on your loan (such as outstanding principal, remaining instalments, interest rate etc.).

Moreover, if you are an Internet Banking user, you can sign up for the i-bank statements service and receive e-mail alerts regarding the issuance of your loan statements.


Change of particulars

You can update your personal details easily & quickly via Internet or Mobile Banking either through eGov-KYC or by uploading the relevant verification documents.

For the time being you can update your income, contact, address and professional activity details.

Alternatively, you can visit an NBG Branch to notify the Bank of any change in your details (ID particulars, residence address, contact details, etc).

Find out about the required ID verification documents at "Have you introduced yourselves? If not ... Do it now".