NAB Unsecured Personal Loan (Fixed)

With NAB Unsecured Personal Fixed Rate Loan you can borrow from $5,000 to $55,000 for up to 7 years, and enjoy the flexibility of fee free extra repayments and a redraw facility to access these payments should you need them, early repayment of your loan also attracts no early exity fee.

NAB's Unsecured Fixed Rate Personal Loan can be used for a wide variety of purposes including securing your dream wedding, renovating your property or taking that dream holiday. You don't have to offer any security with the loan and you have up to 7 year(s) to repay what you borrow. You can also choose to redraw any additional repayments you make on your loan, as long as you redraw more than $500 at a time. There's also a maximum of $15,000 per redraw.

Fixed interest rate - makes budgetting easy as your repayments are constant across the loan term.
Flexible repayments - Make extra repayments when you can, or to completely pay off your loan early without incurring extra charges.
Synch your repayments with how you get paid - You can also choose to make weekly, fortnightly or monthly repayments.
Choose your loan term - From 1 year to 7 years.
Redraw facility with $0 fees - Flexibility to redraw funds if you're ahead

Standard Rates

Min. Current Rate	11.99% p.a.
Comparison Rate	12.87% p.a.

Loan Details

Provider	NAB
Product Details	Borrow from $5,000 to $55,000 for up to 7 years with a fixed rate, and enjoy the flexibility of fee free extra repayments and a redraw facility
Min. Loan Term	1 years
Max. Loan Term	7 years
Min. Loan Amount	$5,000
Max. Loan Amount	$55,000
Available as a Car Loan	Yes
Car Type	-

Fees and Terms

Application Fee	$150
Monthly Service Fee	$10
Early Repayment Penalty	$0
Missed Repayment Penalty	$20
Document Release Fee	$0
Repayment Options	Weekly, Fortnightly or Monthly
Extra Payments Allowed	Yes
Redraw Allowed	Yes
Security	No

Am I eligible for this Product?

Answer yes to these 4 questions and you are eligible to apply for the NAB Unsecured Personal Loan (Fixed)

18 years old
Australian Permanent Resident
Earning a regular income
Have a good credit rating

If you’re self-employed we’ll need you to provide the following documents:

Your most recent personal income tax return
Your most recent notice of assessment

Also, if your business runs as a partnership, company or trust we’ll need the following relevant document(s) related to your businesses structure(s):

Partnership tax return
Company tax return
Trust tax return

How to apply

To apply on line for the NAB Unsecured Personal Loan you’ll need the following information to hand:

An Australian Drivers License, Passport, Medicare Card or Birth Certificate
Employment details.
Details of your financial situation including income, assets and expenditure.

Terms and Conditions: Read the Terms and Conditions for the NAB Unsecured Personal Loan (Fixed)

Important Information

Rates and information current as at 15 January 2018 and subject to change. Approval is subject to NAB's credit assessment criteria. Terms & conditions, lending criteria and fees & charges apply. In addition to fees and charges shown, other fees and charges may apply.

NAB Personal Loan variable rate includes special discount off standard variable personal loan indicator rates which is available on new loans and for a limited time.

Comparison rate calculated on unsecured loan amount of $30,000 over a term of 5 years based on monthly repayments. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Only available to existing customers. Complete applications (including all supporting documentation) must be submitted in store by 2pm Monday-Friday. Same day funds will be unavailable if your loan purpose is to refinance non-NAB debts or if NAB requires your application to be reviewed by a lending specialist. Speak to us to find out more.

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Clicking Go to site will direct you to the providers web site
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Complete the online application on the providers web site
3
Once approved the provider will issue your new product, delivery times will vary by provider.