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Australian Military Bank personal loans

Australian Military Bank is a mutual organisation, which since 1959 has offered financial services to Australian defence personnel and their families.

These days, you don’t have to wear a uniform to become a member; you just have to be an Australian citizen or permanent resident.

Australian Military Bank has 53,000 members and assets worth $1.25 billion.

There are 30 branches at major defence bases across Australia as well as ‘on base’ ATMs.

Nick Bendel
Nick Bendel

Property & Personal Finance Writer

Content updated

Product data updated

Why choose Australian Military Bank

Benefits

  • No penalty for paying off loans early
  • Lower interest rates for good credit scores
  • Branch access at major defence bases

Drawbacks

  • Application fee may be above average
  • Ongoing monthly fees
  • Interest rates may be high

Australian Military Bank Personal Loans

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Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios.

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