Important disclosure

IMB Limited

Personal Line of Credit

Real Time Rating™

  • 0 to 10 years
  • Unsecured
  • Variable Rate
  • No ongoing fees
Interest Rate

13.85%

p.a

Comparison Rate*

13.85%

p.a

Real Time Rating™
Tags
  • 0 to 10 years
  • Unsecured
  • Variable Rate
  • No ongoing fees
Interest Rate

13.85%

p.a

Comparison Rate*

13.85%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$1,023

based on $30,000 loan amount for 3 years at 13.85%

Pros and cons

For Personal Line of Credit

Benefits

  • No ongoing fees
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

IMB Bank Rate Personal loan overview

For Personal Line of Credit

Details

Total repayments

Interest rate type

Variable

Borrowing range

$500 - $20k

Security type

Unsecured

Loan term

0 to 10 years

Secured by

Loan type

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit IMB Limited to view Target Market Determination.

Features

Extra repayments

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront Fee

$0

Ongoing Fee

$0

Missed Payment Penalty

$50

Early Exit Penalty Fee

$0

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

Debt Consolidation

Renovation

Holidays

Medical Bill

Shares

Student Loan

Wedding

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Unsecured Personal Loan (Excellent Credit) (Amount > $5000)

Real Time Rating™
  • 3 to 5 years
  • Unsecured
  • Fixed Rate
  • No ongoing fees

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Interest Rate

5.76%

p.a

up to 24.03%

Comparison Rate*

From

6.55%

p.a

up to 24.99%

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Low Rate Personal Loan Secured (Excellent Credit)

Real Time Rating™
  • 1 to 7 years
  • Secured
  • Fixed Rate
  • No ongoing fees
Interest Rate

6.57%

p.a

up to 8.48%

Comparison Rate*

From

7.19%

p.a

up to 13.58%

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Low Rate Personal Loan Unsecured (Excellent Credit)

Real Time Rating™
  • 1 to 7 years
  • Unsecured
  • Fixed Rate
  • No ongoing fees

2024 Award Winner

Interest Rate

6.57%

p.a

up to 8.48%

Comparison Rate*

From

7.19%

p.a

up to 13.58%

FAQs

How long are $3000 loans?

Medium amount loans can be repaid between 16 days and 2 years. Many personal loans have terms between 1 year and 5 years, though some are as short as 6 months while others last for 10 years.

Generally, the shorter a loan’s term, the more expensive your regular repayments may be, but the less total interest you’ll pay. Loans with longer terms mean more affordable repayments, but more interest charges over the full term.