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Personal Loans

Secured and Unsecured Personal Loans for all kinds of purposes.

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Looking to buy a new car, renovate your house, or maybe buy a caravan for your next family holiday? Whatever your goal may be, talk to The Mutual Bank’s friendly Lending team to make your dream a reality.

The interest rate offered to you will be personalised depending on our credit assessment of your financial situation. Personal Loan interest rates shown below are the minimum interest rate that may be applicable.

New Car Loan

Looking to buy a new car? Talk to The Mutual Bank’s friendly team of lenders to get your dream car in your driveway sooner.

  • Terms up to seven years
  • No monthly or annual fees
  • No penalty for early repayments
  • Fixed from 7.99%p.a. Interest rate
  • 8.27%p.a.
    Comparison rate
Apply online Enquire now

Secured Personal Loan

Looking to renovate your house, install a pool or buy a caravan for your next family holiday? Whatever your goal may be, talk to us about a Secured Personal Loan.

  • Terms up to seven years
  • No monthly or annual fees
  • No penalty for early repayments
  • Fixed from 8.49%p.a. Interest rate
  • 8.78%p.a.
    Comparison rate
Apply online Enquire now

Used Car Loan

Looking to buy a new car? Talk to The Mutual Bank’s friendly team of lenders to get your dream car in your driveway sooner.

  • Terms up to seven years
  • No monthly or annual fees
  • No penalty for early repayments
  • Fixed from 8.99%p.a. Interest rate
  • 9.28%p.a.
    Comparison rate
Apply online Enquire now

Unsecured Personal Loan

Are you looking for a personal loan for your dream holiday, home renovations or any other worthwhile purpose? An Unsecured Personal Loan with The Mutual Bank can help turn your dreams into a reality with.

  • Terms up to seven years
  • No monthly or annual fees
  • No penalty for early repayments
  • Fixed from 12.49%p.a. Interest rate
  • 12.79%p.a.
    Comparison rate
Apply online Enquire now

Personal loan calculator

Want to explore the numbers? Estimate your loan repayments, borrowing power and more with our range of helpful calculators.

Product Features:

Personal Loans
Minimum amount : $5,000
Maximum amount : $20,000
Loan period : Up to 7 years
Repayments : Weekly, fortnightly or monthly fixed repayments
Interest charges : Calculated daily, charged monthly

Product Features:

Personal Loans
Minimum amount : $5,000
Maximum amount : $100,000
Loan period : Up to 7 years
Repayments : Weekly, fortnightly or monthly fixed repayments
Interest charges : Calculated daily, charged monthly
Security : Loan secured by residential property, a Term Deposit with The Mutual Bank or other acceptable security.

Product Features:

Personal Loans
Minimum amount : $5,000
Maximum amount : $50,000
Loan period : Up to 7 years
Repayments : Weekly, fortnightly or monthly fixed repayments
Interest charges : Calculated daily, charged monthly

Product Features:

Personal Loans
Minimum amount : $5,000
Maximum amount : $50,000
Loan period : Up to 7 years
Repayments : Weekly, fortnightly or monthly fixed repayments
Interest charges : Calculated daily, charged monthly

We're ready to help you

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Important Information

Information is current as at date of appearance and is subject to change. Eligibility and lending criteria, conditions, fees, and charges apply to all loans. 

We have not considered your objectives, financial situation, or needs. You should consider these things, along with the Product Disclosure Statement and our product Target Market Determinations before making any decision to acquire a product.

All interest rates quoted are fixed for the term of the loan.

NOTE: All loans are subject to The Mutual Bank's lending guidelines. Full details of Terms and Conditions are available on application. Fees and charges may apply. The annual percentage rate for our Personal Loan Products will vary depending on our credit risk assessment. As a result, the comparison rates quoted will not necessarily be the rate applicable to a Personal Loan we offer.

Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 acts under its own AFSL and under an agreement with the insurer Insurance Australia Limited ABN 11 000 016 722 trading as CGU Insurance. Any advice is general only and does not take into account your personal circumstances. Consider the Product Disclosure Statement (PDS) and Target Market Determinations (TMDs) available in branch or from the CGU website here to see if the product is right for you.

If you purchase an insurance policy, The Mutual Bank will receive a commission.

Footnotes:

    

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Any advice or information on this site does not take into account your personal objectives, financial situation, or needs and you should consider whether it is appropriate for you. Please review our Product Disclosure Statement, Target Market Determinations, Terms and Conditions, Financial Services Guide, and Credit Guide before deciding to acquire a product.

Eligibility and lending criteria, conditions, fees, and charges apply to all loans. Interest rates, fees, and charges may change without notice. Information is current as at date of appearance and is subject to change. We use reasonable efforts to provide accurate and up to date information. However, mistakes may still occur from time to time and we cannot guarantee that this website is free from any errors, inaccuracies or omissions. Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian credit licence 238139.

The Mutual Bank acknowledges the Traditional Custodians of Country across Australia and recognises their continuing connection to lands, waters and communities. We pay our respects to Aboriginal and Torres Strait Islander cultures and to Elders past and present.