The Finance Algorithm
P&N Bank

Fixed Unsecured Personal Loan

An unsecured personal loan with a fixed rate and choice of loan term. Whether it's a car, home improvements or a dream holiday, P&N have you covered.

Personal loansBank updated 23 Sept 2026
At a glance
Fixed
9.74% · 10.37% comparison
Loan size
$5,000 to $100,000
Upfront fee
$199
§ 01 — Rates · 7
TypeApplies toTermBandRateComparisonConditions
FixedP&I1 yr fixed9.74%10.37%Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers.
FixedP&I2 yrs fixed9.74%10.37%Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers.
FixedP&I3 yrs fixed9.74%10.37%Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers.
FixedP&I4 yrs fixed9.74%10.37%Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers.
FixedP&I5 yrs fixed9.74%10.37%Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers.
FixedP&I6 yrs fixed9.74%10.37%Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers.
FixedP&I7 yrs fixed9.74%10.37%Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers.
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
Notice of Demand FeeEvent$75Charged when a payment to a personal loan becomes overdue by 46 days.
Collection Agent Administration FeeLate payment$10090 days after duePayable when a payment to a personal loan becomes overdue for more than 90 days and we choose to engage an external collection agent.
Late Payment Notification FeeLate payment$511 days after dueCharged when a payment to a personal loan becomes overdue by 11 days and 30 days.
Management Administration FeeLate payment$5090 days after dueCharged monthly when a payment to a personal loan becomes overdue by more than 90 days.
Default Interest RateOtherVariesA default rate may be charged on any overdue amount if you fail to pay the amount due under the loan contract by its due date. The default rate is 2% per annum above the Annual Percentage Rate applyi…
Statement Retrieval FeeReplacement$2.50Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement.
Monthly Maintenance FeeTransaction$5Monthly fee charged to the loan.
Loan Establishment FeeUpfront$199One off establishment fee.
§ 03 — Features
RedrawExtra repaymentsInstant paymentsDigital banking
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Personal Lending is not available for non-residents.
  • · Available to individuals
  • · Amount $5,000 to $100,000
  • · Credit eligibilty criteria, terms and conditions, fees and charges apply.
  • · You must be or become a P&N Bank member

Published by P&N Bank under the Consumer Data Right, last changed by them on 23 Sept 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.