Unity BankCommunity Support Loan
Low-cost emergency loan during or following a challenge or hardship in the workplace or community.
Personal loansBank updated 1 July 2026
At a glance
- Variable
- 5.60%6.65% comparison
Rates
The one rate Unity Bank publishes for this personal loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | - | - | 5.60% | 6.65% | - |
Fees
3 fees published, grouped by when they're charged.
While you hold it1
- PAPER_STATEMENT_FEE
A fee charged to cover the cost of producing and sending paper statements
$2 a month
When particular things happen2
- DEFAULT_NOTICE_FEE
A fee charged if you default on your repayments and we issue a default notice
$50 - LATE_PAYMENT_FEE
A fee charged when you don't make your minimum monthly payment, plus any overdue amount
$15
Features
RedrawInstant paymentsPayID
- 1 to 10 years
- Flexible repayment options weekly, fortnightly or monthly
- You can make extra repayments or repay your loan in full at any time. Extra repayments may enable you to redraw funds, subject to conditions
- Establishment fees waived
- Terms up to 10 years and interest repayments can be deferred up to 3 months (interest is capitalised during any repayment deferral period)
- Deferred loan repayment option available on qualifying existing and new home loans and home loan refinances
Eligibility and limits
- Minimum age 18
- Residency: Permanent Resident
- Employment: Employed
- Opening balance $1,000
- Applications for credit are subject to the Bank's eligibility and suitability criteria and normal credit approval process.
- Restricted to existing retail members with unexpected expenses arising from either: (1) natural disasters (such as bushfires or floods) or; (2) protected industrial action as defined in the Fair Work…
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Published by Unity Bank under the Consumer Data Right, last changed by them on 1 July 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.