How to apply - Shortform
NAB online application help
Your loan application details
What’s your main purpose and objective for this loan?
New car - a brand new car that’s had no other owners.
Used car - a second hand car that’s had other owners in the past.
Motorcycle / scooter - either a used or new motorcycle or scooter.
Refinance NAB debt(s) - you have other NAB loans or credit cards you’d like to pay out with this loan. We’ll ask for more details, and your reason for refinancing.
Debt consolidation - you have other loans, credit cards or store cards you’d like to pay out with this loan. We’ll ask you for a description of what you want to pay out, and your reason for consolidating debt.
Household / personal goods - for example, a fridge, television, stereo etc.
Boat / caravan / trailer – either a used or new boat, caravan or trailer.
Travel / holidays - you want to pay for flights, accommodation, tours etc.
Shares / other assets - any personal investment.
Renovations / alterations - you want to renovate or update your home.
Other - the reason you’re applying is not listed above. We’ll ask you for a description of what you want the loan for.
Will you use the loan for anything else? Tell us about your other purpose and objective
If you’ll be using the loan for more than one thing, you can select another purpose here. Otherwise, leave as ‘no’.
Requested loan amount
Only enter the amount you have been invited to apply for below. Amounts above this figure will not be allowed. Don’t use any spaces, commas or other separators
What interest rate would you like to choose?
Choose a preferred interest rate type
Fixed – your loan’s interest rate will stay the same for the loan term. This means your repayments won’t change during the term. However you won’t be able to redraw any funds you pay in advance.
Variable - your loan’s interest rate could move up or down. This means your minimum repayments could too. You’ll be able to redraw funds paid in advance.
What repayment frequency would you like to choose?
Weekly – you’ll make a repayment every week
Fortnightly – you’ll make a repayment every second week
Monthly – you’ll make a repayment every calendar month.
You might like to consider how often you receive your salary or wages
What loan term would you prefer?
Choose the loan term that you’ll prefer
The loan term is the number of years that you plan to pay your loan over.
Shorter terms mean higher repayments (as they’re spread over less years) but less interest paid by the end of the loan term.
A longer term will mean lower repayments but more interest paid by the end of the loan term.
Based on the ‘How to apply’ information this loan meets my need?
If you’ve read the ‘How to apply’ information, and believe this loan suits your needs, tick ‘Yes’. If you’re unsure, call us on 13 13 12.
I would like to have MLC Personal LoanCover with my NAB Personal loan?
Choose ‘Yes’ if you’d like MLC Personal LoanCover on protect personal loan.
MLC Personal LoanCover (for personal loans) is an insurance policy that can help, in certain situations, to protect your NAB Personal Loan if death, disability or involuntary unemployment should affect your ability to make repayments. You are not obliged to buy insurance for your loan.
Your personal details
Home, work and mobile phone number.
We need at least one phone number. For home and work numbers, enter your state's area code in the first box. Don't use any spaces, dashes, or other separators.
Enter your full email address with no spaces.
Mailing address details
If you don't have a mailing address in Australia, or if you only have a Roadside Mailbox (RMB) or Roadside Delivery (RSD) number, you can't apply online. You can apply over the phone by calling 13 13 12 from 8am-8pm, 7 days a week (AEST/AEDT).
If your address includes a letter or number for a flat, unit or apartment, enter it here. Otherwise leave this space blank.
Enter your street number with no spaces, commas or other separators.
Enter the name of your street. Leave out the street type (eg Street, Road or Avenue).
Enter the rest of your street's name – eg Street, Road or Avenue.
Enter the suburb or town you live in.
Select your state from the list. If you don't have an Australian address, you can't apply online.
Enter your four-digit postcode with no spaces or other separators.
If you have a valid Australian drivers licence enter your driver’s licence number with no spaces or other separators.
Select the option that best describes your current situation.
No. of dependants
Choose the number from the list. A dependant is usually, but not always, a child.
Select the option that best describes your current working situation.
Select the best match to your job title or occupation.
Your financial information
Income before tax
Enter your monthly before-tax income with no spaces, commas or other separators. Leave off any cents.
Income after tax
Enter your monthly after-tax income with no spaces, commas or other separators. Leave off any cents.
Select the option that best describes how often you’re paid or receive income.
Total monthly general living expenses
Enter the total of your regular living expenses (bills, food, insurances, entertainment, rent etc), leaving out any cents. Don't use any spaces, commas or other separators.
Your loan details
Total monthly repayments to all loans and credit/store cards currently not held with NAB
Select the number of monthly repayments to all loans and credit/store cards (eg. for a car, boat, holiday etc) not held with NAB . If you don't have any, select 0.
If there is more than one person applying, enter details for both of you.
Do you want to pay out any existing debts?
Select the option that best describes your current situation.
Select the number of existing debts you’d like to pay out
Select the number of existing debts you’d like to pay out with this personal loan
Enter the type of loan or card held with your other financial institution
Who owns this debt?
Select 'sole' if you own the debt by yourself. Select 'joint' if you own it with another person.
Name of bank/lender
Enter the bank or financial institution your loan is held with
Credit limit/Orginal amount
Enter how much you originally borrowed when you got the loan
Enter how much you still owe (eg. The original amount minus how much you’ve paid off so far)
Monthly repayment amount
Enter how much you pay off the loan each month
Do you want to pay out this account with your loan?
Indicate if you want to pay out this debt with your new loan