Police Bank
Personal Loan
Borrow for any worthwhile purpose from the latest in big ticket electronics, white goods and household items to holidays, cars, boats and bikes. You can also refinance or consolidate your loans from other lenders.
Personal loansBank updated 7 Sept 2026
At a glance
- Fixed
- 12.99% · 13.14% comparison
- Variable
- 9.99% · 10.13% comparison
- Loan size
- $5,000 to no maximum
- Upfront fee
- $98
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedFixed Rate Personal Loan - Fixed Rate Terms: 1-7 Years - L89-C1 | P&I | 7 yrs fixed | — | 12.99% | 13.14% | — |
| VariableStandard Regulated L9-C1 | P&I | — | — | 9.99% | 10.13% | — |
§ 02 — Fees · 7
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Additional Statement Fee | Event | $5 | — | $5 for Archive Retrieval and $1.50 per page. Payable when you request an additional statement. |
| Arrears Letter Fee | Event | $6.50 | — | Payable when we send you an arrears letter asking you to remedy an arrears under a loan contract. |
| Default Notice Fee | Event | $21.50 | — | Payable when we send you a default notice under a loan contract when an arrears remains unremedied after we have sent you an arrears letter. |
| Late Payment Fee | Event | $10 | — | Charged where the whole or any part of your loan repayment remains unpaid after 14 days past the due date. Applies to all Police Bank loans and continuing credit accounts. |
| Overdrawn Account Fee | Event | $15 | — | Payable when you exceed your credit limit by $75 or more within a calendar month. Interest will also be charged on any amount overdrawn in excess of the approved credit limit at the then current annu… |
| Personal Loan Establishment fee | Upfront | $98 | — | Payable when your loan is funded |
| PPSR | Upfront | No fee | — | At Cost. Certain loans will require us to use the services of PPSR. If we do so, the following may be payable: • PPSR Registration Fee • PPSR Financier Interest Enquiry • PPSR Variation of Interest |
§ 03 — Features
Redraw
- · Reduced Fees Program. Your Police Bank Personal Loan may contribute to our Reduced Fees Program, helping to reduce (or eliminate) fees – save on ATM and EFTPOS transactions (as well as qualify for fe…
- · Unlimited free additional repayments
- · No Monthly Account Keeping Fees
- · Confirmation Of Payee
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Residents
- · Amount $5,000 to no maximum
§ 06 — Run the numbers
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Published by Police Bank under the Consumer Data Right, last changed by them on 7 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.