Important disclosure

National Australia Bank Limited

Unsecured Personal Loan Fixed

Real Time Rating™

  • 1 to 7 years
  • Unsecured
  • Fixed Rate
  • Instant approval

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

6.99%

p.a

up to 20.49%

Comparison Rate*

Headline rate From

7.91%

p.a

up to 21.33%

RateCity says

“Manage your repayments more easily on a fixed rate loan with no fees for extra repayments. ”

Real Time Rating™
Tags
  • 1 to 7 years
  • Unsecured
  • Fixed Rate
  • Instant approval
Interest Rate

6.99%

p.a

up to 20.49%

Comparison Rate*

Headline rate From

7.91%

p.a

up to 21.33%

Calculate your repayments for this loan

$

Your estimated repayment

$990

based on $50,000 loan amount for 5 years at 6.99%

Pros and cons

For Unsecured Personal Loan Fixed

Benefits

  • Lower than average application fees
  • No early exit penalty
  • 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 Personal loan overview

For Unsecured Personal Loan Fixed

Details

Total repayments

Interest rate type

Fixed

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

Target Market Determination

Visit National Australia Bank Limited to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

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

Debt Consolidation

Renovation

Holidays

Medical Bill

Shares

Student Loan

Wedding

Specials
  • Other 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.

Promoted personal loans

Promoted

Lower Rate

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

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

2024 Award Winner

Interest Rate

5.76%

p.a

up to 24.03%

Comparison Rate*

From

6.55%

p.a

up to 24.99%

Promoted

Secured

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%

Promoted

Generic

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.