Police BankPersonal 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.
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
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.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 9.99% | 5.80%Plenti Personal Loan | 7.96%of 68 institutions | 54th lowest of 68, level with one other |
| Fixed personal loanRepayments stay the same for the term | 12.99% | 5.80%Plenti Personal Loan | 7.96%of 42 institutions | 39th lowest of 42, level with one other |
| Variable personal loanMoves with the lender's rates | 9.99% | 6.29%Bank of us' RESIDENTIALLY SECURED PERSONAL LOAN | 8.02%of 45 institutions | 32nd lowest of 45, level with one other |
Rates
Every rate Police Bank publishes for this personal loan, 2 in all.
| 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% | - |
Fees
7 fees published, grouped by when they're charged.
When you take it out2
- Personal Loan Establishment fee
Payable when your loan is funded
$98 - PPSR
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
No fee
When particular things happen5
- Additional Statement Fee
$5 for Archive Retrieval and $1.50 per page. Payable when you request an additional statement.
$5 - Arrears Letter Fee
Payable when we send you an arrears letter asking you to remedy an arrears under a loan contract.
$6.50 - Default Notice Fee
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.
$21.50 - Late Payment Fee
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.
$10 - Overdrawn Account Fee
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…
$15
Features
- 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
Eligibility and limits
- Minimum age 18
- Residency: Australian Residents
- Amount from $5,000, no maximum
Compare it with others
Put this product through a calculator
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.