Defence Bank Limited
Consolidation Loan
With no fees for extra repayments or early payouts as well as an easy online application process, our consolidation loan can get you back on track faster.
Personal loansBank updated 16 Mar 2026
At a glance
- Variable
- 13.99% · 14.93% comparison
- Monthly fee
- $10
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableChoose a loan term from one to seven years | P&I | — | — | 13.99% | 14.93% | — |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Loan Application Fee | Event | $150 | — | Payable on application approval |
| Processing Fee (Security) | Event | $50 | — | Payable on settlement |
| Registration Fee (Security) | Event | $6 | — | Payable on settlement |
| Personal Loan Service Fee | Periodic | $10 | Every 1 mo | This fee is charged on the last day of each month during the loan term. |
§ 03 — Features
Digital banking
- · Can make extra repayments.
- · Quick approval process.
- · Choice of 1-7 years.
- · Repayments Weekly, fortnightly, monthly.
- · No exit fee.
- · No early repayment fee.
§ 04 — Eligibility & limits
- · Residency: Australian residents only.
- · Available to individuals
- · 18
- · Individuals must have capacity.
- · New/Used.
- · Motor Vehicle/Motor Cycle.
- · Security may be required.
§ 05 — Compare
§ 06 — Run the numbers
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Published by Defence Bank under the Consumer Data Right, last changed by them on 16 Mar 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.