Here’s what you get

  • 1-7 years flexible loan term

  • Borrow from $5,000 up to $55,000

  • Weekly, fortnightly or monthly repayment options

  • Convenient online document acceptance through NAB Internet Banking

  • Redraw available on variable rate loan if you’re ahead on repayments

  • If you’re approved and accept the loan, get your funds in one business day

Features and benefits

No penalties or exit fees

No penalties or exit fees when you pay off your loan sooner.

No surprise charges

No surprise charges including no late payment fees.

Tailored pricing

Personalised rates start from 6.99% p.a. to 18.99% p.a. (comparison rate 7.91% p.a. to 19.83%  p.a.2).

Manage your debts with a single loan

A NAB Personal Loan is simple and easy to understand, with no hidden fees or surprises. If you’re paying off more than one debt every month it can be hard to manage. You’re not alone. Combining your existing debts into a single loan gives you more certainty and control. It may:

  • free up some cash by reducing the amount of your regular debt repayments
  • allow you to take advantage of a good deal with lower rates or fees
  • simplify your commitments with a single repayment – meaning you’ll have a better idea of when you’ll be debt free.

Use our Debt Consolidation Calculator to see how a NAB Personal Loan could help you control your debt. Please note: Your personal debts do not include any home loan debt you may have.


Your interest rate is based on several factors including information you provide in your application, your credit history and information we already have about you if you’re an existing customer.

After you submit your application, if you’re conditionally approved, we’ll give you an indicative interest rate. This is subject to verification of the information you give us in your application. We’ll provide your final interest rate in the loan documentation, at which point you can decide to accept the loan offer.

Our personalised interest rates
Variable rate loan
Interest rate1
from 6.99% p.a. to 18.99% p.a.
Comparison rate2
from 7.91% p.a. to 19.83% p.a.
Our personalised interest rates
Fixed rate loan
Interest rate1
from 6.99% p.a. to 18.99% p.a.
Comparison rate2
from 7.91% p.a. to 19.83% p.a.

Application fee

One off payment when loan is established

Monthly fee $10
Exit fee $0
Late payment fee $0

Apply for a personal loan to consolidate your debt

Discover more


​Is a debt consolidation loan right for you?

You could enjoy fewer fees, lower interest – and less stress.

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Steps you can take to get on top of things – and take charge.

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Home and contents insurance

Protect your house and the things inside that make it a home.
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NAB Classic Banking account

However you bank, you’ll pay no monthly account fees, ever. Spend more on what’s important to you.

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Savings accounts

Whatever you're saving for, our savings accounts can help get you there sooner.

Important information

1Interest rates and information current as at 9 June 2021 and subject to change. Terms, conditions, fees, charges and lending criteria apply.

2Comparison rate calculated on an unsecured loan amount of $30,000 over a term of five 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.

Target Market Determinations for these products are available at

Personal Banking Fees - A guide to fees and charges (PDF, 357KB)

Personal Loan Agreement - General Terms (PDF, 372KB)

Indicator rates for other personal lending

We're ready to help you

If you have any questions or are unable to apply online, visit us in branch – we’ll be happy to help.