Rates & fees
1Current as at 19 January 2015. Lowest rate of the major banks comparison is based on advertised rates for unsecured personal loans on each major bank's website. NAB personal loan rate includes special discount off standard variable personal loan rates which is available for a limited time only. Available for new loans only. Terms, conditions, fees, charges and lending criteria apply.
2Comparison rate calculated on unsecured loan amount of $30,000 over a term of 5 years based on monthly repayments.
WARNING: This comparison rate applies only to the example or examples given Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
3MLC Limited ABN 90 000 000 402, AFSL 230694 of 105-153 Miller Street, North Sydney, NSW 2060, is the issuer of MLC Personal LoanCover. MLC Limited (MLC) is a related body corporate of NAB. An MLC Personal LoanCover policy does not represent a deposit with, or liability of, NAB or any of its related bodies corporate (other than a liability of MLC as insurer). Neither NAB, nor any of its related bodies corporate (other than MLC as insurer) guarantees or accepts liability in respect of MLC Personal LoanCover. Information about MLC Personal LoanCover is contained in the relevant Product Disclosure Statement('PDS'). You should obtain and consider the PDS before making any decision about whether to acquire or continue to hold any insurance product. Conditions and exclusions apply to each product. Please refer to the PDS for the full terms and condition of the insurance cover provided.
Important insurance information
Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 23 4708 (‘Allianz’) is the issuer of NAB Car Insurance. National Australia Financial Management ABN 56 000 176 116 AFSL 23 0699 (‘NAFM’) arranges NAB Car Insurance on behalf of Allianz and receives a commission which is a percentage of the premium for doing so.
MLC Limited (ABN 90 000 000 402 AFSL 230694)(‘MLC’) is the issuer of MLC Personal LoanCover.
NAFM and MLC are each a related body corporate of National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (‘NAB’).
Neither NAB, nor any of its related bodies corporate, guarantees or accepts liability in respect of these insurance products (other than MLC as insurer of MLC Personal LoanCover). These policies do not represent a deposit with, or a liability of, NAB or any of its related bodies corporate (other than MLC as insurer of MLC Personal LoanCover).
Any advice is general only and does not take into account your particular financial situation or needs. You should consider whether these insurance products are suitable for your circumstances and consider the Product Disclosure Statement ('PDS') for the relevant insurance product, available from your NAB Banker, by calling 13 29 28 or at www.nab.com.au/insurance before making any decision to acquire or hold the product. Information about insurance coverage is a summary only and you should read the PDS for full terms, conditions, limits and exclusions.
Important information about this offer
To be eligible for this offer you need to purchase a new NAB Personal Loan, a new MLC Personal LoanCover policy, and a new NAB general insurance policy between 22 May 2014 and 31 March 2015 in a NAB store or through our call centre.
Primary owner of the MLC Personal LoanCover policy and NAB general insurance policy must be on the NAB Personal Loan.
We reserve the right to terminate this offer or amend these terms and conditions at any time without notice. This offer is not to be used in conjunction with any other offer.
* Minimum premiums may apply. Any discounts/entitlements may be subject to rounding and only apply to the extent any minimum premium is not reached. If you are eligible for more than one discount, they are each applied in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements.
** Complete applications (including all supporting documentation) must be submitted in store by 2pm Monday-Friday. Same day funds may be unavailable if NAB requires your application to be reviewed by a lending specialist.
©2014 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686