ANZ Variable Rate Loan – loan
Online loans up to $50 000
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $50 000
- Term 1 - 7 years
ANZ (Australia and New Zealand Banking Group) is one of Australia's "big four" banks, ASX-listed and regulated by APRA and ASIC. It serves millions of retail and business customers across Australia and New Zealand through branches, phone and digital banking.
The ANZ Variable Rate Loan is an unsecured personal loan where the interest rate can move up or down over the loan term in line with ANZ's pricing, which also means repayments can change. In exchange for that variability, variable personal loans usually allow extra repayments or early payout without a break fee.
It suits borrowers who want the flexibility to pay the loan off faster when they can, rather than being locked into a fixed schedule.
✓ Pros
- Extra repayments and early payout generally without a fixed-rate break fee
- No security required
- Funds usable for most personal purposes
- Can pay the loan off faster to save on interest
✗ Cons
- Repayments can rise if ANZ's variable rate increases
- Less certainty for strict budgeting compared with a fixed loan
- Advertised rate is not guaranteed — final rate depends on credit assessment
How to apply
- Select your amount
- Get your application verified
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident
- ✓ Regular income from employment or other verifiable source
- ✓ Active Australian bank account
- ✓ Valid driver's licence or passport for ID verification
Frequently asked questions
24 hours
The minimum loan amount at ANZ Variable Rate Loan is $5,000.
About ANZ Bank New Zealand Limited
| Company | ANZ Bank New Zealand Limited |
|---|---|
| Address | 833 Collins St, Docklands VIC 3008 |
| Website | https://www.anz.com.au |