RateCity.com.au
  1. Home
  2. Car Loans
  3. NAB
  4. Unsecured Personal Loan

Unsecured Personal Loan

  • Special
  • $5k to $55k
  • 1 to 7 years
  • New or used car
  • Variable Rate
Special

Borrow from $5,000 to $55,000 with a 1 - 7 year flexible loan term with NAB. Plus enjoy no fees for extra repayments and no early exit fees.

Interest rate p.a.

6.99%

up to 20.49%

Comparison rate* p.a.

7.91%

Unsecured Personal Loan

  • Special
  • $5k to $55k
  • 1 to 7 years
  • New or used car
  • Variable Rate

Interest rate p.a.

6.99%

up to 20.49%

Comparison rate* p.a.

7.91%

Calculate your repayments for this loan

$

Your estimated repayment

$297

based on 15000 loan amount for 5 years at 6.99%

Pros and Cons

For Unsecured Personal Loan

Benefits

  • Lower than average rate
  • Lower than average application fees
  • No early exit penalty
  • Unlimited extra repayments
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose
  • Suitable for both new or used car
  • Fast time to funding
  • Approval is instant

Drawbacks

  • Service fee charged

NAB Rate Car Loan overview

For Unsecured Personal Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$5k - $55k

Security type

Unsecured

Loan term

1 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

Target Market Determination

Visit National Australia Bank Limited to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

24 hours

Fees

Upfront fee

$150

Ongoing Fee

$10 Monthly

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat