Personal Loan

Saw it, wanted it, got it - we’ll help you get there with a Defence Bank personal loan.
Category: Personal Loans  Last Updated April 20, 2026  Effective December 20, 2010

 General Lending Rates

Rates listed below are for a VARIABLE P&I product. Additional Information Choose a loan term from one to seven years
Interest Rate
9.09% PA
Comparison Rate
10.06%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

 Product Features

  • Other Additional Information: Quick approval process.
  • Other Additional Information: Choice of 1-7 years.
  • Other Additional Information: Repayments Weekly, fortnightly, monthly.
  • Other Additional Information: No exit fee.
  • Other Additional Information: No early repayment fee.
  • Unlimited Txns Additional Information: Can make extra repayments.
  • Redraw Additional Information: Free redraw.
  • Digital Banking Additional Information: Quick and easy online application.
  • Digital Banking Additional Information: Redraw facility available online

 Product Eligibility

  • Residency Status Additional Information: Australian residents only.
  • Min Age Additional Information: 18
  • Natural Person Additional Information: Not available for non personal borrowers.
  • Other Additional Information: Individuals must have capacity.
  • Other - Security.. Additional Information: Motor Vehicle/Motor Cycle.
  • Other - Purpose.. Additional Information: New/Used.

 Bank Fees and Charges

  • Arrears Reminder Notice Fee (per Letter) (Event), Amount: Not Listed.. Additional Information: Payable each time we send you a reminder notice relating to arrears on a loan
  • Loan Variation Fee (Event), Amount: Not Listed.. Additional Information: Payable when the loan conditions are varied at the request of the loan holder
  • Processing Fee (security) (Event), Amount: Not Listed.. Additional Information: Payable on registration of loan security
  • Registration Fee (security) (Event), Amount: Not Listed.. Additional Information: Payable on registration of loan security
  • Personal Loan Service Fee (Periodic), Amount: Not Listed.. Additional Information: This fee is charged on the last day of each month during the loan term.
  • Default Notice (enforcement Notice) (Event), Amount: Not Listed.. Additional Information: Payable each time we send you a reminder notice relating to a default on a loan

 Limitations & Restrictions (Constraints)

  • Min Limit of $1,000.00