NAB Personal Loan Unsecured Fixed – loan
Personal loan up to $55 000
Applying does not commit you to a contract.
Properties of this loan
- Personal loan up to $55 000
- Term 1 - 7 years
NAB (National Australia Bank) is one of Australia's "big four" banks, listed on the ASX and regulated by APRA. It is one of the largest business lenders in the country alongside its full retail banking range.
NAB's unsecured fixed-rate personal loan lets customers borrow for a wide range of purposes — from debt consolidation to renovations, travel or big purchases — without putting up an asset as security. The rate and repayments are locked in for the full term, which makes budgeting simple.
Applications can be completed online, with existing NAB customers often able to pre-fill details for a faster process.
✓ Pros
- No security required
- Fixed repayments for the full loan term
- Funds usable for almost any personal purpose
- Fast online application, faster still for existing NAB customers
✗ Cons
- Advertised rate is indicative only — your rate depends on credit assessment
- Early payout may involve a break cost under the fixed structure
- Rate is typically higher than NAB's secured car loan for the same amount
How to apply
- Apply for your loan
- Wait for approval
- Wait for money
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 NAB Personal Loan Unsecured Fixed is $5,000.
About National Australia Bank Limited
| Company | National Australia Bank Limited |
|---|---|
| Address | 700 Bourke St, Docklands VIC 3008 |
| Website | https://www.nab.com.au |