Get the most out of life, today.
An Arab Bank Australia Personal Loan is a great way to enjoy something you want or need now, if you currently don't have the savings or cash to make your purchase.
You can use your personal loan for things like purchasing a new car, consolidating your debts, renovating your home, paying for university studies or to go on your dream holiday!
Key features
- Fixed and variable interest rates available. Fixed rates offer the security of always knowing how much your repayments will be in advance, which makes it easy to manage your finances.
- Loans available for a range of amounts and terms.
- Flexible repayment options - weekly, fortnightly, or monthly.
- Easy repayment methods including via internet banking, and direct debit from your Arab Bank Australia account.
- Secured and unsecured options. Security can be a car, boat or a guarantee.
- Ability to make extra repayments on a variable rate personal loan without any penalties.
- Regular statements available.
Why wait to enjoy the things you need? Contact Arab Bank Australia to discuss your needs and eligibility for a personal loan today.
| Unsecured Personal Loan | Interest Rate | Comparison Rate |
|---|---|---|
| Variable Rate | 19.85% p.a. | 20.78% p.a. |
| 5 Year Fixed Rate | 14.00% p.a. | 14.99% p.a. |
| Secured Personal Loan | Interest Rate | Comparison Rate |
|---|---|---|
| Variable Rate | 17.15% p.a. | 18.11% p.a. |
| 5 Year Fixed Rate | 11.30% p.a. | 12.32% p.a. |
The Comparison Rate is based on a loan amount of $30,000 and is calculated 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.
All applications for loans are subject to Arab Bank Australia Limited's normal credit approval criteria. Terms and Conditions apply. Fees and Charges apply.