Rating based on 23 reviews

Lloyds Bank


  • Student loans up to £10,000
  • Low-interest starting from 3.3%
  • Repayment up to 5 years

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Lloyds Bank homepage

Author Lloyds Bank. Screenshot of Lloyds Bank website. [Accessed September 5, 2019]

About Lloyds Bank

Since the foundation on 3 June 1765, Lloyd’s Bank has been helping, businesses and communities of Britain.

And in 2015 we’re celebrating 250 years of serving the people of Britain with the things that matter most to them.

Quick financial solutions

We provide a comprehensive range of monetary products and services- including current accounts, savings, mortgages, loans and credit cards. The origins of Lloyds Bank stretch back to 1765 when John Taylor and Sampson Lloyd set up a private banking company in Birmingham.

Helping communities

We'll assist communities by address inequality, assisting disadvantaged people and championing Britain’s diversity. People, business and communities across Britain facing remarkable challenges. We’re assisting to address them through our Helping Britain Prosper Plan. No other bank is better placed to help Britain flourish. We want to do more than just business and help to address the systemic social-economic challenges, the skills gaps in key industries, such as Britain’s housing shortage, social mobility and social disadvantage.

Lloyds Bank Services

Student loans are among the affordable form of long-term loaning available.

There are two different kinds of student loan, one covers tuition fees, the other is for assistance towards day-to-day living costs such as rent and travel.

Affordable student loans

All qualified students can get a full student loan for tuition fees and at least partial student loan for maintenance, regardless of their household income. If you’re advantageous enough to be Scottish and studying in Scotland, you do need to worry about tuition fees as you don’t pay them. And if you’re from England or Wales but studying in Scotland, your fees will be affordable.

Student banking solutions

As a student, a great way to control your capital is to get as much advice and assistance as possible. Of course, that means talking finance and bank accounts, but it also means looking at your lifestyle, too. There are so many different bank accounts and monetary products accessible, it can be difficult to know the best one to pick when you’re a student.

Lloyds Bank Product Details

  • Loan Type Student loans
  • Interest Rate from 3.3%
  • Loan Amount up to £10,000
  • Repayment 12 months to 5 years

Summary of Services

  • Make repayment holiday
  • Additional payments are allowed
  • Access your statements and transactions

Choose us for everyday banking and we will make it simpler for you

We always try to find new ways to make banking easier and to give more support when you need it.

Take a look at some of the things we do to assist make it easier to bank us. Here you can find out more about the different alternatives available. If you don’t see something you need, please get in touch to let us know.

Our new charity partner-mental health

We have initiated an exciting new two-year charity with Mental Health UK. We have joined together to promote awareness of the connection between mental health issues and financial problems, raise at least £2 million per year in offices and branches across the UK and encourage discussion between consumers and colleagues.

Contactless payments

You can make instalments of up to £30 without using your PIN, whenever you see the contactless symbol. The only thing you need is your bank card with the same symbol and you can just tap to pay. It’s useful if your small purchases, or are sometimes unsure of your PIN. You’ll still need to use your PIN for instalments over £30 and where contactless is not available.

Mobile payments

Make contactless payments with your Lloyds Bank debit or credit card using just cell phone. With Apple Pay ® and Google Pay you can purchase things for you to £30 in shops, or make in-app purchases. It’s easy, safe and secure and means you don’t always need your card or PIN with you. Card and device reductions may apply, so be sure to find out more.

Student accounts

These bank accounts are specially designed for students, so often include an interest-free overdraft. They also often gifts or discounts for things that students use a lot or just like. But it’s imperative to also look beyond the freebies.

Credit Cards

These can be a suitable way to manage your capital when used appropriately. There’s normally an interest-free period, if you can pay them off monthly, that’s great. They also help spread the cost of expensive items.


If you take out more capital from your current account than you actually have in it, you will become insolvent. If this happens and you do not have a defalcation facility on your account, you may be charged a fee. This is normally referred to as an unauthorised overdraft.

Other support

We strive to make banking simple and facilitate people of all abilities and needs. We’ll happily give you any support we can. It’s the same if you have a disability, illness or impairment, or bad credit. Read our guides to find out more about the support we can provide.

Customer Reviews & Testimonials

May 2018

Online application was simple and very quick

Elliot P
— Glasgow —

May 2019

Well trained and knowledgeable employees

Marcia J
— London —

September 2019

The treatment I received in the branch was amazing I felt welcome and I don’t regret for choosing this lender

Neyo R
— Liverpool —

Lloyds Bank Contact Details

Physical Address

  • 98 Victoria St, Westminster London England SW1E 5JL United Kingdom
  • Get Directions

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