The Finance Algorithm
Arab Bank Australia Ltd Prod logoArab Bank Australia Ltd Prod

Personal Loan

A Personal Loan designed for customers to enjoy something they want or need now, if they currently don't have the savings or cash to make the purchase.

Personal loansBank updated 13 Oct 2026
Product page ↗

At a glance

Fixed
11.30%12.32% comparison
Variable
17.90%, 18.85% comparison
Loan size
$5,000 to $50,000
Upfront fee
$600
Monthly fee
$24

How it compares

This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This personal loan: 11.30%Every other institution's lowest, 67 in all

Lowest advertised rate, fixed or variable, leaving out car loans. One dot per institution, at its lowest personal loan rate anyone can apply for; hover or tap a dot for its name.

RateThis personal loanBest anywhereTypical institutionWhere it sits
Personal loanLowest advertised rate, fixed or variable, leaving out car loans11.30%5.80%Plenti Personal Loan7.96%of 68 institutions59th lowest of 68
Fixed personal loanRepayments stay the same for the term11.30%5.80%Plenti Personal Loan7.96%of 42 institutions35th lowest of 42
Variable personal loanMoves with the lender's rates17.90%6.29%Bank of us' RESIDENTIALLY SECURED PERSONAL LOAN8.02%of 45 institutions44th lowest of 45

Rates

Every rate Arab Bank Australia Ltd Prod publishes for this personal loan, 4 in all.

TypeApplies toTermBandRateComparisonConditions
FixedThe displayed fixed rate of 11.30% p.a. applies to secured personal loans. The Comparison Rate is based on a loan amount of $30,000 and is calculated over a term of 5 years based on monthly repayment…P&I5 yrs fixed-11.30%12.32%-
FixedThe displayed fixed rate of 14% p.a. applies to unsecured personal loans. 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…P&I5 yrs fixed-14.00%14.99%-
VariableThe displayed variable rate of 17.90% p.a. applies to secured personal loans.P&I--17.90%18.85%-
VariableThe displayed variable rate of 20.60% p.a. applies to unsecured personal loans.P&I--20.60%21.53%-

Fees

11 fees published, grouped by when they're charged.

  1. When you take it out$600Application Fee
  2. While you hold it$24 a monthAccount Service Fee
  3. When you close it or pay it off$250Discharge of Security Fee

When you take it out1

  • Application Fee
    $600

While you hold it1

  • Account Service Fee
    $24 a month

When you make a transaction1

  • Search Fee

    Per hour or part thereof - payable whenever the Customer (or a Guarantor) requests a copy of a document (other than a statement) connected to the Facility. It is calculated on the basis of the time t…

    $70

When particular things happen7

  • Additional Security Consent Fee

    Payable whenever the Customer asks the Bank to consent to a security interest over the security property or any other property subject to the security. It is payable whether or not the Bank consents…

    $150
  • Arrears Letter Fee
    $35
  • Deed Production Fee

    Payable by the Customer whenever the Bank is required to produce a document to a government registry. It does not include any solicitor costs or fees payable to a government registry to register a do…

    $60
  • Direct Debit Dishonour Fee

    Payable whenever a direct debit to the Customer’s loan account is dishonoured.

    $35
  • Tenanted Security Report Fee

    Per hour or part thereof - payable when the security property is to be the place of residence of the Customer and the Bank ascertains by inspection (because the Customer did not tell the Bank) that t…

    $100
  • Title Change Fee

    Payable if the Customer asks the Bank to change the title to any security property (for example as a result of a court order or by operation of law). It does not include any solicitor costs or fees p…

    $100
  • Transfer Fee

    Payable if the Customer asks the Bank to change the security property by releasing its security over some or all of the security property and taking security over different property, without any othe…

    $300

When you close it or pay it off1

  • Discharge of Security Fee

    Payable if the Bank agrees to discharge a security. The Bank may use some or all of this fee to pay its external costs. It does not include any solicitor costs or fees payable to a government registr…

    $250

Features

Digital banking
  • Secured and unsecured options
  • • 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 avail…

Eligibility and limits

  • Minimum age 18
  • Amount $5,000 to $50,000
  • The following is subject to the Bank’s lending criteria: • New and existing customers. • Individuals who are 18 years of age or over. • Available only for private or domestic use and cannot be used f…

Published by Arab Bank Australia Limited under the Consumer Data Right, last changed by them on 13 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.