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Financial Hardship

Inevitably, some Members will experience a period of financial uncertainty during their time with Defence Bank – that’s just a part of life. Reasons for this can be as varied as unexpected illness, natural disasters, an accident, period of unemployment or relationship breakdown.

Whatever the reason, Defence Bank can offer assistance tailored to your individual circumstances.

For eligible Members, this may take the form of reduced repayments, an interest only period associated with the postponement of repayments or a number of other options dependent on the Members’ individual circumstances.

Download the Hardship Assistance Application form here.

To find out more, contact Defence Bank’s Financial Hardship Officer on 1800 773 158 or email [email protected] to see how we can help you.

Temporary early access to Superannuation.

The Government is allowing individuals affected by the coronavirus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21 for those that meet the criteria. For further details, including how and when you can apply please go to:

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Early_Access_to_Super_1.pdf

The superannuation information provided to you has not taken into account your objectives, financial situation or needs. You should note that before you act on the advice you will need to consider the appropriateness of the advice having regard to your objectives, financial situation and needs. To find out more call 1800 979 188.

Call 1800 033 139
phone
BSB 833-205