Personal loan Switzerland

Especially in this day and age, unexpected expenses such as a defective household appliance or a high bill can be a significant financial burden. In these cases, many Swiss people turn to a loan. A loan can not only serve as a nest egg, but also fulfil personal wishes or dreams.

Whether it’s for your dream car, a much-needed renovation or other personal projects, a personal loan can provide you with the financial resources you need for your dream project.

In the past, however, applying for a loan was usually a time-consuming process that involved going to the bank, filling out extensive forms and waiting for approval. With the digital personal loan, on the other hand, you find out immediately which personal loan solution is right for your needs and can thus fulfil all your wishes in no time at all.

Digital personal loan - your way to the loan of your dreams

With the digital personal loan, you can conveniently apply online for your loan for car, for your renovation or other occasions. Whether you need to make a much-needed purchase or want to tackle a long-awaited project, the online loan application opens the doors to easier and faster lending.

The advantages of applying for a loan online cannot be denied: You save yourself a trip to the bank and the hassle of filling out paper forms. Instead, you can apply for your loan easily and conveniently from home and thus also have the opportunity to carry out an efficient loan comparison at the same time.

In addition, the Swiss Consumer Credit Act prohibits charging processing fees in advance. Thus, the entire processing of the personal loan is completely free of charge and non-binding for you, until the conclusion of your credit agreement.

The endless wait for approval is also a thing of the past with an online loan. Instead, you will receive the credit decision with the corresponding personal loan conditions within a very short time after submitting your credit application. All you have to do is sign the loan agreement and you will soon have your money in your account. It could hardly be simpler!

Advantages of an online personal loan

Step-by-step: How it works

You would like to apply for a new loan or increase your existing loan? In just a few steps, you will find your personal loan that not only matches your desired loan amount, but whose interest rates and loan instalments also fit into your monthly budget.

Calculate your personal loan simply and precisely

Before you submit your loan application, you should know your personal financial framework and, of course, your desired loan amount. With the loan calculator, you can obtain your personal loan offer free of charge and without obligation by entering your desired loan amount and the corresponding term. The loan calculator shows you directly how high the monthly instalment will be and what interest costs you will have to pay. For example, if your desired loan is CHF 20,000 and you choose a term of 48 months, you will immediately receive information about what the monthly instalment might be.

The loan calculator thus allows you to estimate your monthly repayments based on the desired loan amount and interest rate, so that you can make an informed decision as to whether this loan offer fits into your budget. If this is not the case and the personal loan would lead to over-indebtedness, you can easily adjust the loan amount or term until the loan instalments meet your expectations.

Submit your loan application now

If you agree with the loan amount, the conditions, the interest on the debt and the term, you can now submit your loan application. All you have to do is fill out the online application, which asks for basic information about you, your financial situation and your specific loan request. The bank or credit institution needs this information in particular to check your creditworthiness and to prepare a loan offer tailored to your individual needs.

In addition, you can take out a so-called instalment protection policy. This insurance offers you protection in the event of insolvency, for example if you lose your income due to disability or unemployment. Afterwards, all you have to do is send the completed loan application together with all the necessary documents online.

Signing the contract - the final step to your loan

After you have submitted your loan application, the bank will check the information and documents you have provided and will also carry out a credit check. This is mandatory, because lending is prohibited if it leads to over-indebtedness. However, if your loan application is assessed positively, your desired loan is already within reach.

The last step on the way to your loan is now the signing of the contract. You will receive your individual loan offer with the specified conditions and monthly instalments within a very short time by e-mail. After you have checked and accepted the offer, the contract is signed on site at our bank. This final step brings you closer to your financial goals and marks the moment when you officially receive the green light for your project.

What documents are required for the loan application?

In addition to the information you have to provide in the loan application, you also have to provide the relevant proof and fulfil the requirements. Banks and credit institutions usually require the following documents from you if you want to take out a loan:

  • Proof of identity: Proof of identity in the form of a valid passport, ID or driving licence is mandatory for any loan application. This proof not only confirms your identity, but also serves to ensure that you are eligible to receive a personal loan. For example, you must be of legal age to apply for a loan.
  • Proof of address or residence permit: For a personal loan in Switzerland, you must also be a legal resident of the country. Accordingly, you must have your habitual residence in Switzerland. If you do not have Swiss citizenship, you will in most cases need a residence permit B, C or G to apply for a loan. In addition, as a foreigner you must have been in Switzerland for at least 1 year to be able to obtain a personal loan.
  • Employment contract: Your current employment contract serves as proof that you have a stable monthly income and are able to repay the loan.
  • Proof of income: Appropriate proof of income such as the pay slips for the last three months prove the amount of your declared income and provide the bank with a clear insight into your ability to pay. The amount of your monthly income also serves as the basis for calculating the loan instalments.
  • Self-employed income: If you are self-employed or freelance, you can prove your income with corresponding profit and loss statements, tax returns or other documents. These documents also provide the bank with an insight into your financial possibilities and confirm your ability to repay the loan.
  • Bank statements: In some cases, in addition to proof of income, you may also need to submit your current bank statements. This enables the bank to check your monthly expenses and thus also helps to calculate the amount of the personal loan and the monthly instalments.

Timeframe: When can the payment be expected?

The time frame for the disbursement of your digital personal loan depends on various factors. These include in particular the completeness of your application documents, the check of your creditworthiness and the general processing time. All these steps take some time, although most of them are already automated. Therefore, you can expect a comparatively fast processing time with an online personal loan application, which is completed within a few days.

As soon as you receive and sign your loan agreement, the loan amount granted is usually transferred to your account after the 14-day revocation period. Thanks to the particularly fast and reliable processing, the loan is therefore usually granted within a very short time, so that you can put your desired financial plans into practice shortly after your loan application.

If you apply for a loan of more than CHF 80,000, payment can usually be made immediately after approval, as the 14-day cancellation period does not apply to loan amounts over CHF 80,000. This means you receive your money even faster and you can realise your project immediately!

Tailor-made loan - perfectly adapted to your needs

Regardless of whether it is a loan for couples, a car loan or a conventional personal loan, thanks to the loan calculator and online loan application, lending has never been so uncomplicated and quick. Both the annual interest rate and the conditions are always transparent for you as the borrower, so you retain full cost control.

Based on advanced data analysis, the bank can provide you with individual and customised loan offers that are tailored to your financial situation, your wishes and your repayment capacity. This means that you no longer have to rely on prefabricated loan packages, but have the opportunity to obtain a personal loan that meets your requirements and goals 100 per cent.

A tailor-made loan thus offers you the flexibility and adaptability you need to achieve your financial goals - whether it’s buying a new car, renovating your home or realising another heartfelt project for which you need money.

Miro Kredit Swiss - Conclusion


Whether you want to finance your dream car, carry out a renovation or realise other personal projects, the digital personal loan offers the flexibility you need.

The path to your dream loan begins with a simple and precise calculation of your financial possibilities with the online loan calculator to find the right conditions for your wishes and requirements. Afterwards, the online loan application guides you through the entire process without you having to leave the comfort of your home to do so. From the application to the signing of your loan agreement, everything is done online and is therefore not only particularly transparent, but also saves you a lot of time.

In particular, the faster processing time and the possibility of individual credit adjustment make the online loan a particularly popular and practical solution with which you can achieve your financial goals more quickly!

Private loan calculation example:
Private loan calculation example:

Loan amount: CHF 10,000 without insurance. Repayment period: 12 months

Interest (including costs) amounts between CHF 240.50 and CHF 574.25. Effective interest rate 4.5% – 11.95%. Possible loan repayment period from 12 to 120 months

Processing fees: CHF 0.-. Granting a loan is prohibited if it leads to over-indebtedness (§ 3 Unfair Competition Law – UWG)