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- Unsecured Personal Loan
Unsecured Personal Loan
- 2024 Award Winner
- Special
- 1 to 7 years
- Unsecured
- Variable Rate
- Instant approval
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
$1,127
based on 36500 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
$40,566
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
Promoted personal loan products
Low Rate Personal Loan Unsecured (Excellent Credit)
Real Time Rating™
1 to 7 years
Unsecured
Fixed Rate
No ongoing fees
Interest rate p.a.
6.57%
up to 8.48%
Comparison rate* p.a.
7.19%
up to 13.58%
Australian Credit Licence 488228
Product info
Unsecured Personal Loan (Excellent Credit) (Amount > $5000)
Real Time Rating™
3 to 5 years
Unsecured
Fixed Rate
No ongoing fees
Interest rate p.a.
5.76%
up to 24.03%
Comparison rate* p.a.
6.55%
up to 24.99%
Australian Credit Licence 474726
Product info
Unsecured Personal Loan (Excellent Credit)
Real Time Rating™
3 to 7 years
Unsecured
Fixed Rate
No ongoing fees
Interest rate p.a.
7.24%
up to 9.39%
Comparison rate* p.a.
7.24%
up to 10.31%
Australian Credit Licence 286596
Product info
No Fee Personal Loan
Real Time Rating™
1 to 7 years
Unsecured
Fixed Rate
Interest rate p.a.
6.75%
up to 26.95%
Comparison rate* p.a.
6.75%
up to 26.95%
Australian Credit Licence 411227
Product info
Product data updated on 19 Apr 2024