The Finance Algorithm
AMB Bank Product

Personal Loan

If you’re looking for a personal loan with set repayments, our Personal Loan gives you the peace of mind in knowing what your repayments will be for the life of your loan.

Personal loansBank updated 24 Aug 2026
At a glance
Fixed
8.95% · 9.85% comparison
Loan size
$4,000 to $40,000
Upfront fee
$30
Monthly fee
$12
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
FixedFixed for life of loanP&I1 mo fixed8.95%9.85%
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
Archive retrieval feeEvent$50A $50 hourly fee applies plus any expenses incurred
Arrears notice feeEvent$202nd and subsequent reminders by letter or phone
Audit Certificate FeeEvent$50Per audit certificate requested
Copies of statements (over 12 months) at branch or postedEvent$5per page
Copies of statements (up to 12 months) at branchEvent$2.50
Copies of statements (up to 12 months) postedEvent$1per page
Default notice feeEvent$30Payable when a notice is issued regarding a default under the contract
Processing and switch fee - Personal and Car LoansEvent$150
Loan service fee - Personal, Green & Car LoansPeriodic$10Every 1 mo
Paper statement fee (per statement)Periodic$2Every 1 mo
Personal Property security admin feeUpfront$30
§ 03 — Features
  • · The ability to make extra repayments or pay off your loan early without penalty
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Individuals must be citizens or permanent residents of Australia.
  • · Employment: Applicants must be currently employed or receiving a regular income. Self employed clients should contact the Bank prior to applying
  • · Available to individuals
  • · Amount $4,000 to $40,000

Published by Australian Military Bank under the Consumer Data Right, last changed by them on 24 Aug 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.