Unity Bank
Community 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
- Monthly fee
- $2
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | — | — | 5.60% | 6.65% | — |
§ 02 — Fees · 3
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| DEFAULT_NOTICE_FEE | Event | $50 | — | A fee charged if you default on your repayments and we issue a default notice |
| LATE_PAYMENT_FEE | Event | $15 | — | A fee charged when you don't make your minimum monthly payment, plus any overdue amount |
| PAPER_STATEMENT_FEE | Periodic | $2 | Every 1 mo | A fee charged to cover the cost of producing and sending paper statements |
§ 03 — 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
§ 04 — Eligibility & 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…
§ 06 — Run the numbers
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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.