Woman looking at cake.

What you want. When you want it. Now.

8 .99 % p.a. Low interest rate.
9 .96 %* p.a. Comparison rate.
Woman looking at cake.

Competitive interest rate.

Choice of loan term.

No fees for extra repayments or early payouts.

Quick ‘n’ easy online application.

Saw it, wanted it, got it - we’ll help you get there with a Defence Bank personal loan. We offer a choice of loan terms from one to seven years (depending on the amount of your loan) – simply choose what you’re comfortable with and what suits your lifestyle. And with no early payout fees, having the things you want right now has never been easier.

Key features.

  • Competitive interest rate.
  • Quick and easy applications.
  • Fast approvals.
  • Choice of loan term from one to seven years.
  • No fees for extra repayments or early payouts.
  • Free redraw facility — available online or in-branch.

Personal loan. Interest rate. Comparison rate.*
Personal loan. 8.99% p.a. 9.96% p.a.
Loan application fee.^ $150
Registration fee (security). $6
Processing fee (security). $50
Personal loan service fee (monthly). $10
Loan variation fee. $50
Arrears reminder notice fee (per letter). $20
Default notice (enforcement notice). $20



Comparison rate is based on a $30,000 loan over a 5 year term. Fees and charges are payable. Terms and conditions are available on request. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate applies to both secured and unsecured loans.


Not payable on New Car Loan and Used Car Loan products.

Terms and conditions, fees and charges apply and are available upon request.

Approval subject to Defence Bank's lending criteria.

Rates apply to new applications received however are subject to change at anytime.

Defence Bank’s Target Market Determination can be viewed here.

All products except foreign currency and insurance are issued by Defence Bank. Defence Bank recommends you read the Defence Bank Products and Services - Conditions of Use for any product you choose to take. Any advice contained on this website is general advice only.

Next steps...

Not a member? Join Defence Bank now.
See how our loan fits into your budget.
Any questions? Speak to our experienced, helpful staff.
Our award-winning app gets you banking on the go.

Frequently asked questions.

You can buy a new or used car or motorcycle up to, and including, 5 years old with a car loan. If you would like to purchase an older car, contact us as you may do so with a personal loan

The maximum loan amount is dependent on a number of factors, including a borrower’s ability to service (pay) the loan. Call us on 1800 033 139 to discuss your needs.

Congratulations, please contact us (up to a week) prior to paying off your loan to obtain the final payout figure. Once the funds are available in your account we’ll process the final payment for you.

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Let's talk.

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