Personal loans | Flexible repayments and no exit fees - NAB It’s personal. With our personal loans, you can buy a car, consolidate your debts, renovate your home, travel, buy furniture or appliances and more. What would you use a personal loan for? Consolidating debts Renovating my home Funding our wedding Going on a holiday Making a major purchase Offer NAB Home Loan customers - special personal loan rates If you have a NAB Home Loan, NAB FlexiPlus Mortgage, or NAB Portfolio Facility, get special rates on unsecured personal loans. Access rates from 7.50% p.a. to 12.99% p.a. (comparison rates 8.90% p.a. to 14.34% p.a. ). Subject to credit approval and eligibility criteria. Terms, conditions, fees and charges apply. Offer Exclusive rates for NAB Home Loan customers As a NAB Home Loan customer, you can enjoy special rates on a new NAB Car Loan – one of the ways we recognise and thank you for banking with us. Access rates from 6.74% p.a. to 8.99% p.a. (comparison rates 8.29% p.a. to 10.52% p.a. ). Subject to credit approval and eligibility criteria. Terms, conditions, fees and charges apply. NAB may withdraw the offer at any time. Offer 0.75% EV rate discount on NAB Car Loans Get rewarded with a NAB Car Loan for all-electric and plug-in hybrid cars. Discounted rates available from 5.99% p.a. to 12.79% p .a. (comparison rates 7.55% p.a. to 14.29% p.a. ). Subject to credit approval and eligibility criteria. Terms, conditions, fees and charges apply. Benefits of our loans Competitive interest rates Get an interest rate based on your personal circumstances. Flexible loan terms Choose a loan term that suits you. No penalties or exit fees when you pay off your loan faster. Choose a personal loan that's right for you Compare our loan options to find one that’s suitable for your needs. Unsecured personal loan You can use our unsecured personal loans to get the car you want, consolidate your debts or for something else, like a new motorbike, boat, or renovation. Learn more about how to get started with your unsecured personal loan application and what to expect after you submit your application. Variable rate personal loan If you make extra repayments, you’ll have the flexibility to redraw them at any time. No penalties, exit fees or surprise charges. No penalties, exit fees or surprise charges. Receive funds within one business day of accepting your loan offer. Receive funds within one business day of accepting your loan offer. Borrow from $5,000 to $55,000. Borrow from $5,000 to $55,000. Choose a loan term from one to seven years, with weekly, fortnightly, or monthly repayment options to suit your pay cycle. Choose a loan term from one to seven years, with weekly, fortnightly, or monthly repayment options to suit your pay cycle. Sole borrowers only can apply. Scheduled repayments must be made by direct debit from an account in your name. Option to redraw available funds. Your minimum repayment may change throughout the life of the loan. $0 late payment fee $15 monthly fee $250 application fee Fixed rate personal loan Lock in your interest rate and enjoy the certainty of fixed repayments for the life of your loan. No penalties, exit fees or surprise charges. No penalties, exit fees or surprise charges. Receive funds within one business day of accepting your loan offer. Receive funds within one business day of accepting your loan offer. Borrow from $5,000 to $55,000. Borrow from $5,000 to $55,000. Choose a loan term from one to seven years, with weekly, fortnightly, or monthly repayment options to suit your pay cycle. Choose a loan term from one to seven years, with weekly, fortnightly, or monthly repayment options to suit your pay cycle. Sole borrowers only can apply Scheduled repayments must be made by direct debit from an account in your name. Redraw option not available. Fixed interest rate and repayments for the term of the loan. $0 late payment fee $15 monthly fee $250 application fee How we calculate your rate The rate we offer you will be based on your banking history with NAB, information provided in your application and your credit history report. This rate could change and is subject to verification of the information you provide and may be different on the day of settlement. Find out more about creditworthiness and how to improve your credit score. How to apply for an unsecured loan Plan your finances Work out how much you could borrow. Use our calculator to see what you can afford & what your estimated repayments will be. See how much I can borrow Ready to apply? Submit your application online and get a decision in 60 seconds. If we need more details, we’ll reach out. Learn how to apply Accept your offer Once approved, review and accept your offer digitally. Your funds could be in your account the same day. Learn how to accept your offer Am I eligible? To apply online, you need to be: 18 years or older applying as a sole applicant. You’ll have all the repayment obligations, even if someone else will be receiving a substantial benefit from the loan receiving a regular income an Australian resident for tax purposes, an Australian or New Zealand citizen, Australian Permanent Resident or non-resident holding an acceptable Temporary Residency Visa. To apply online, you need to be: 18 years or older applying as a sole applicant. You’ll have all the repayment obligations, even if someone else will be receiving a substantial benefit from the loan receiving a regular income an Australian resident for tax purposes, an Australian or New Zealand citizen, Australian Permanent Resident or non-resident holding an acceptable Temporary Residency Visa. What documents do I need to apply? You’ll need to provide us with: your Australian driver’s licence number (if you have one) your employment details for the past three years your financial information, including your income, assets, debts and expenses addresses you've lived at in the last three years If you’re an existing customer, you’ll also need your NAB ID. Learn more about applying for a personal loan What documents do I need to apply? You’ll need to provide us with: your Australian driver’s licence number (if you have one) your employment details for the past three years your financial information, including your income, assets, debts and expenses addresses you've lived at in the last three years If you’re an existing customer, you’ll also need your NAB ID. Learn more about applying for a personal loan Secured car loan Secured car loans are only available to existing NAB customers. Don't bank with NAB yet? You can still apply for an unsecured personal loan. NAB has partnered with Plenti, an award-winning fintech lender, to provide faster secured car loans. Credit provided by NAB. Get your rate quote without impacting your credit score. Get your rate quote without impacting your credit score. You can borrow from $10,000 up to $100,000 . You can borrow from $10,000 up to $100,000 . Receive funds within one business day of agreeing the loan. Receive funds within one business day of agreeing the loan.

No penalties or exit fees when you pay off your loan faster. No penalties or exit fees when you pay off your loan faster. No lump sum payments at the end of your loan. No lump sum payments at the end of your loan. Additional repayments available with no additional fees. Additional repayments available with no additional fees. Sole borrowers only can apply The interest rate will be fixed for the loan term Monthly repayments must be made by direct debit from an account in your name. No redraw is available from extra funds Your car will be used as security for repayment of the loan $7 weekly late payment fee $15 monthly loan service fee $350 establishment fee (waived if you’re refinancing ) NAB Car Loan for all-electric and plug-in hybrid cars We've partnered with Plenti, so you can enjoy discounts on a secured loan for all-electric and plug-in hybrid cars. Receive an EV discount of 0.75% on eligible all-electric and plug-in hybrid cars. Receive an EV discount of 0.75% on eligible all-electric and plug-in hybrid cars. Get your rate quote without impacting your credit score. Get your rate quote without impacting your credit score. Borrow from $10,000 to $100,000 with up to 7-year terms repaid monthly . Borrow from $10,000 to $100,000 with up to 7-year terms repaid monthly . Receive funds within one business day of agreeing the loan. Receive funds within one business day of agreeing the loan. No penalties or exit fees when you pay off your loan faster. No penalties or exit fees when you pay off your loan faster. No lump sum payments at the end of your loan. No lump sum payments at the end of your loan. Additional repayments available with no additional fees. Additional repayments available with no additional fees. Sole borrowers only can apply The interest rate will be fixed for the loan term Monthly repayments must be made by direct debit from an account in your name. No redraw is available from extra funds Your car will be used as security for repayment of the loan $7 weekly late payment fee $15 monthly loan service fee $350 establishment fee (waived if you’re refinancing ) How we calculate your rate The rate we offer you will be based on your banking history with NAB, information provided in your application and your credit history report. This rate could change and is subject to verification of the information you provide and may be different on the day of settlement. Find out more about creditworthiness and how to improve your credit score. Things you should know Understanding our loan options, along with the different types of interest rates, will help you make an informed choice. What is a personal loan? Personal loans allow you to borrow a set amount of money to pay for something or consolidate debts. The amount you borrow must then be repaid in instalments, plus any interest or fees, over an agreed term. You can use your loan for home renovations , travel , major purchases like furniture and technology, cars , debt consolidation and more. What is a personal loan? Personal loans allow you to borrow a set amount of money to pay for something or consolidate debts. The amount you borrow must then be repaid in instalments, plus any interest or fees, over an agreed term. You can use your loan for home renovations , travel , major purchases like furniture and technology, cars , debt consolidation and more. What is the difference between a secured and unsecured loan? A secured loan requires security. For a NAB Car Loan , this will be the car you are buying. If the loan can’t be repaid, the car may be repossessed and sold. An unsecured personal loan means we don’t need any security to give you a loan. Learn more about the differences between a secured and unsecured loan . What is the difference between a secured and unsecured loan? A secured loan requires security. For a NAB Car Loan , this will be the car you are buying. If the loan can’t be repaid, the car may be repossessed and sold. An unsecured personal loan means we don’t need any security to give you a loan. Learn more about the differences between a secured and unsecured loan . What can’t you use a personal loan for Illegal activities. Business purposes. Explore our business loans or discuss further with your business banker. Lender's Mortgage Insurance (LMI). Home loan deposit. What can’t you use a personal loan for Illegal activities. Illegal activities. Business purposes. Explore our business loans or discuss further with your business banker. Business purposes. Explore our business loans or discuss further with your business banker. Lender's Mortgage Insurance (LMI). Lender's Mortgage Insurance (LMI). Home loan deposit. Home loan deposit. Is redraw available? If you have a variable rate personal loan and you're ahead on your payment schedule, you can redraw money from your loan account online. Learn more about redrawing on a personal loan Is redraw available? If you have a variable rate personal loan and you're ahead on your payment schedule, you can redraw money from your loan account online. Learn more about redrawing on a personal loan Fixed rate vs. variable rate A fixed rate stays the same for the life of the loan, so your loan repayments will also stay the same. A variable rate can go up or down over the life of the loan – this means your minimum repayment may change. A variable rate loan also gives you access to a redraw facility, so if you need money unexpectedly you can redraw extra funds you’ve paid. Fixed rate vs. variable rate A fixed rate stays the same for the life of the loan, so your loan repayments will also stay the same. A variable rate can go up or down over the life of the loan – this means your minimum repayment may change. A variable rate loan also gives you access to a redraw facility, so if you need money unexpectedly you can redraw extra funds you’ve paid. What is a comparison rate? A comparison rate helps you identify the true cost of the loan, including the interest and some fees and charges. This makes it easier to compare the overall cost of different loans. When you read comparison rates, take note of the loan amount and the term they’re based on as these affect the comparison rate. What is a comparison rate? A comparison rate helps you identify the true cost of the loan, including the interest and some fees and charges. This makes it easier to compare the overall cost of different loans. When you read comparison rates, take note of the loan amount and the term they’re based on as these affect the comparison rate. Personal loan calculators Before you apply, see what you can afford to borrow and repay with our helpful calculators. Personal loan repayment calculator Calculate what your repayments could be with a NAB Personal Loan. Personal Loan borrowing power calculator Estimate what you can afford to borrow and how much the repayments will be. Debt consolidation calculator Understand how your repayments could change by consolidating your debts. Help and support We’ve guides and support to help you apply for a loan or manage an existing one. How to decide between a personal loan or credit card Financial wellbeing No interest loans Important information and documents for personal banking Other options to consider Compare between our credit cards to find the right one for you. Visa Debit cards Access your own money wherever you are, however you bank. Savings accounts Whatever you're saving for, our savings accounts can help get you there sooner. Visit a NAB branch Visit your nearest NAB branch to speak to us in person. Important Information Terms and Conditions Apologies but the Important Information section you are trying to view is not displaying properly at the moment. Please refresh the page or try again later.