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Personal Finance > Personal loans > View our personal loan products > Personal Project Loan

NAB Personal Project Loan

Been planning a personal project?

When you're planning a project, such as a renovation or even a wedding, we know you often have a lot to contend with, not to mention a number of significant purchases to make.  That's where a NAB Personal Project Loan can help, by giving you the freedom to choose your suppliers and buy what you need, when you need it.

A Personal Project Loan combines the flexibility of a Visa card with the control of a personal loan. You can make purchases as little as $3001 from the suppliers you want over a period of 60 days. Your repayments are made monthly and begin once you start using your account.

 

Apply online
Personal Project Loan
Credit limit $5,000 up to $35,000
Interest rate Variable
Interest free period 60 days
Minimum transaction amount $300. Each transaction under $300 will incur a Low Value Transaction Fee.
Repayment period Up to 7 years
Repayment frequency Monthly
Repayment methods Direct debit, NAB branch, NAB Telephone Banking or NAB Internet Banking2, BPAY® or mail.
Access to funds

You can access your funds for 60 days to make project purchases by:

  • Visa merchants
  • Internet Banking2
  • Telephone Banking2
  • NAB branch3
Early repayment without penalty Yes
More information? Frequently asked questions

How to apply?

You can apply online, call 13 13 12 from 8am to 9pm EST, 7 days a week, or drop into any NAB branch.  Hearing impaired customers with telephone typewriters can contact us on 13 36 77 from 8am to 8pm EST, Monday to Friday.  When you apply, you'll need:

  • Identification to satisfy an AUSTRAC 100 point test (if you are a new customer)
  • Your driver's licence details
  • The value of your home and car, if applicable, and any other assets
  • The amount owing on your loans, credit cards or store cards
  • Your income and employment details

Terms and conditions available on application.  Fees and charges are payable.  Normal lending criteria apply.

® Registered to BPAY Pty Ltd ABN 69 079 137 518

1. Each transaction under $300 will incur a Low Value Transaction Fee.

2. Terms and conditions apply and are available upon registration for the service. Fees and charges may be payable.

3. Accessing funds in a non-NAB branch will incur a non-NAB Branch Withdrawl Fee.


 
 
 
 
 
 
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