Personal Loan

All-purpose Personal Loan for quick and easy funds when you need them.
Category: Personal Loans  Last Updated April 30, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a VARIABLE product. Additional Information Interest is per annum (p.a.). The Comparison rate is calculated on a secured loan amount of $10,000 over a term of 3 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Interest Rate
15.99% PA
Comparison Rate
17.40%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: Secured or unsecured loans available.
  • Other Additional Information: Flexible repayment options give you the ability to make repayments Weekly, Fortnightly, or Monthly.
  • Other Additional Information: Ability to make extra payments or repay the loan in full early at no cost.
  • Other Additional Information: No Monthly Service Fee
  • Digital Banking Additional Information: Bank 24/7 wherever you are and whenever you want with RAB mobile and internet banking.
  • Redraw Additional Information: Redraw is available at no cost enabling you to save for future expenses by paying extra to your loan. A minimum redraw amount of $200 applies.

 Product Eligibility

  • Min Age - 18. Additional Information: Borrowers must be aged 18 years, however, 16 or older can apply with 18 years over adult as co-applicant or guarantor.
  • Other Additional Information: Have no recent credit defaults.
  • Other Additional Information: As a customer-owned bank, customers must also become a shareholder of Regional Australia Bank to be eligible to open an account.
  • Other Additional Information: Product is available to approved borrowers only. Terms, conditions, fees, charges and normal lending criteria apply.
  • Employment Status - Ongoing Employment. Additional Information: Borrowers must demonstrate at least 6 months continuing employment history at the time of application.
  • Residency Status - Australian Resident. Additional Information: Individuals must be citizens or permanent residents of Australia.
  • Other Additional Information: Maximum loan term cannot be greater than 7 years.

 Bank Fees and Charges

  • Approval Fee (Upfront), Amount: 195.00. Additional Information: Applied on approval of your Personal or Car loan, prior to the initial drawdown.
  • Ppsr Check Fee (Event), Amount: 26.00. Additional Information: Applies when a PPSR check is required.
  • Monthly Service Fee (Periodic), Amount: 0.00.

 Limitations & Restrictions (Constraints)

  • Min Limit of 500.00 Additional Information: A minimum loan amount applies to this product.