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Unsecured Personal Loan

  • 2024 Award Winner
  • Special
  • 1 to 7 years
  • Unsecured
  • Variable 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 p.a.

6.99%

up to 20.49%

Comparison rate* p.a.

7.91%

up to 21.33%

Unsecured Personal Loan

  • 2024 Award Winner
  • Special
  • 1 to 7 years
  • Unsecured
  • Variable Rate
  • Instant approval

Interest rate p.a.

6.99%

up to 20.49%

Comparison rate* p.a.

7.91%

up to 21.33%

RateCity says

"Provided by one of Australia's biggest banks, this unsecured personal loan has no early repayment fees and offers access to a redraw facility. It's available to 457 visa holders."

Calculate your repayments for this loan

$

Your estimated repayment

$1,081

based on 35000 loan amount for 3 years at 6.99%

Pros and Cons

For Unsecured Personal Loan

Benefits

  • 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
  • Winner of Excellent Credit Personal Loans, RateCity Gold Awards 2024

Drawbacks

  • Service fee charged

NAB Rate Personal 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

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

Debt consolidation

Renovation

Holidays

Medical bill

Shares

Student loan

Wedding

FAQs