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Small loan

It would be nice if we all got what we wanted in life more often. So it’s handy that you can get a small loan from Coop Pank to use for anything you like! Buy yourself some new appliances, throw that big party you’ve been meaning to or use it to cover unexpected costs. A small loan is a great way of breaking the initial outlay down into more manageable chunks you can then repay over time.

No security is needed, and approval is issued in a matter of seconds!

Small loan calculator


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A response to your application in seconds!

88 EUR

The calculation is approximate and may differ from the terms and conditions offered to you.

Early repayment
free of charge
Interest from
loan insurance

Have you already taken us up on our offer?

Don't settle for the first thing you come across! Ask us for a comparative offer, because that’s the only way you’ll get a small loan on the best possible conditions.


Quick and easy

Filling in the application is easy and you will receive an offer in a matter of seconds. We will transfer the money to your account the next working day at the latest.

Accessible everywhere

You can submit an application any time online or at the nearest branch of the bank nationwide. Personal identification can be conveniently done via a computer or mobile phone.


Our professional employees are always there for you to find the best solution for making your wishes come true.

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More information

  • No collateral required
  • Fixed annual interest rate from 7.9% on loan balance
  • Loan amount €300–25,000
  • Loan period 6 months – 10 years
  • Agreement fee 2% of loan amount, min €35
  • Agreement administration fee €1.5 per month

Before you conclude an agreement, we advise you to review the terms and conditions of the financial service and, if necessary, consult a specialist.

The annual percentage rate of charge on a small loan is 22,78% on the following sample terms: loan amount €2250, loan term in months 36, number of repayments 36, fixed interest rate per annum 17.9% as calculated on the loan balance, agreement fee €45, monthly administration fee €1,50, monthly instalment €82,73, total credit amount €3023,28 and total of repayments €2978,28. Small loans are provided by Coop Finants AS.

  • The applicant must be at least 18 years old and an Estonian citizen or a foreign national holder of a residence permit
  • The borrower may not be older than 75 years of age upon expiry of the loan term
  • Monthly income from €400
  • Excellent credit record

The maximum loan amount depends on your monthly income and obligations.

We will ask you to send us your account statement if necessary. We accept digitally signed account statements for the last six months (in bdoc or asice format), which include information about all income and expenses. You can download it from the internet bank of your home bank. Please upload the statement in self-service or e-mail it to

When entering into a small loan agreement, the borrower can sign an agreement for payment of insurance costs and benefit from the insurance cover provided by If Kindlustus.

Small loan insurance helps if:

•    you lose the capacity for work as a result of an accident or illness;
•    you lose your job;
•    you have been temporarily away from work due to your own or your child’s illness.

In the event of the borrower’s death, insurance will pay the loan balance to the lender so that the obligation will not transfer to the heirs.

Read the information sheet and insurance terms and conditions.

•    What should I do in the case of an insured event?

In the case of an insured event, fill in a loss report as soon as possible and write the following in the policy number field: COOP. You will be contacted and instructed on what to do next.

•    Example of expenses related to small loan insurance

Small loan insurance means an additional monthly expense. For example: loan amount €1,000, agreement period 24 months, number of repayments 24, fixed interest rate 19.9% per year calculated on the loan balance, monthly loan payment €52.35, monthly service fee for covering insurance expense €4.19.

You can submit a loan application online, at the branches of the bank and at Coop stores nationwide.

You can sign the agreement digitally with your ID card, Smart-ID or Mobile-ID. To pay out the loan identification may be needed. This can be conveniently done via a computer or mobile phone, in branch of Coop Pank or a Coop store. For identification, you need an identity document (ID card, passport or driving license).

We will transfer the money to your account on the next working day at the latest. The money will be received in your account the same or the next banking day after we make the transfer irrespective of the bank.

Loan repayments

Please make the loan repayments to the Coop Finants AS account number EE384204278603522603. By making the repayment, do not forget to indicate the reference number that can be found in your contract or on e-invoice.

Every month, we will send you an e-invoice that you’ll find in the internet bank of your home bank. The e-invoice will be sent automatically to the bank to which your loan amount was transferred. We advise you to set up an e-invoice standing order, as this is the most convenient way of making the repayments.

Amendment of the agreement
  • Changing the payment date

The payment date can be the 1st, 5th, 10th, 15th or 20th day of the month.

  • Grace period

You can request a grace period if necessary. The length and the terms and conditions of the grace period are determined in consideration of your requirements and possibilities.

  • Early repayment

The loan can also be repaid before the deadline of the agreement.

If you would like to amend the agreement, please submit a corresponding order in the self-service, send an e-mail to or go to a branch of Coop Bank. The fee for amendment of the agreement is calculated according to the price list.

Overdue payments

If we haven’t received a repayment by its due date, we will text you a reminder that the payment must be made. The costs and default interest related to an overdue payment are calculated according to the price list. If you find that making the repayments will be a longer-lasting problem, please contact us so we can find a suitable solution together.