ANZ Fixed Rate Personal Loan

Rates and Fees verified correct on April 29th, 2017

Know exactly where you stand with a set repayment plan and a competitive interest rate from the ANZ Fixed Rate Personal Loan.

The ANZ Fixed Rate Personal Loan offers peace of mind in the form of consistency and availability. Know exactly how much to budget each month and protect yourself when interest rates start to rise again. Suitable for a range of purposes including buying a new or used car, the ANZ Fixed Rate Personal Loan can cover your next big purchase.

Things to consider about the ANZ Fixed Rate Personal Loan

With the ANZ Fixed Rate Personal Loan, the emphasis is on reliability. It is an unsecured personal loan so you won’t have to use any assets as collateral and you will know exactly what to expect each payment period. While this is great for budgeting purposes, be aware that fees and charges apply when you make additional payments or decide to exit early from the plan.

If you are seeking more flexibility in repayments and redraw facilities, ANZ also offers a variable rate personal loan.

Product NameANZ Fixed Rate Personal Loan
Interest Rate (p.a.)From 13.95% (fixed)
Comparison Rate (p.a.)14.81%
Interest Rate TypeFixed
Minimum Loan Term1 year
Maximum Loan Term7 years
Min Loan Amount$5,000
Max. Loan Amount$50,000
Application Fee$150
Monthly Service Fee$10
Loan SecurityUnsecured

Pros

  • Available to self-employed borrowers
  • Repay the loan over 7 years
  • No security required

Cons

  • $10 monthly fee
  • Repayments can't be changed

Features of the ANZ Fixed Rate Personal Loan

  • Interest rate. The interest rate for this loan is 13.95% p.a. interest for the life of the loan, with a 14.81% p.a. comparison rate.
  • Loan amount. The minimum amount that can be borrowed with the ANZ Fixed Rate Personal Loan is $5,000 and the maximum amount that can be borrowed is $50,000.
  • Loan term. The length of the loan can vary between 1 year(s) and 7 year(s), depending on what works for you.
  • Unsecured loan. You will not have to tie any assets to the loan as security.

Fees to consider

There is a loan approval fee of $150 which is charged when your loan is approved. A $10 monthly administration fee is also charged.

How to apply for the ANZ Fixed Rate Personal Loan

If the ANZ Fixed Rate Personal Loan meets all the requirements you have in a personal loan, read what ANZ needs from you and then click "Go to Site".

Are you eligible?

To meet the minimum eligibility criteria for this loan, you must:

  • Be at least 18 years of age
  • Currently reside in Australia. Temporary residents may still be eligible to apply but will have to meet specific visa and income verification requirements.
  • Have a regular income
  • Have a good credit rating
  • Be looking to borrow at least $5,000

Documents you will need to provide

  • Current driver’s licence
  • Current and previous employer’s address
  • Details of your income, assets, expenses and liabilities. If you are self-employed, you will need to provide your last two tax returns and your accountant’s details
  • Your ANZ account number if you are a customer

Within 60 seconds of completing your online application, you will find out if you have been approved. Confirmation will be sent to your email address and you may be asked for further information. Loans can generally be finalised within 24 hours. Make sure you compare the loans available when looking to commit to a personal loan. As one of Australia’s leading banks, ANZ offers this competitive option for a fixed rate personal loan. Apply now to secure yours.

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This page was last modified on 27 February 2017 at 11:26am.

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14 Responses to ANZ Fixed Rate Personal Loan

  1. Default Gravatar
    karan | April 19, 2017

    Hi I am an ANZ customer with home loan many accounts and credit card I wish to pay off credit cards and some other loans but am a single parent with two dependants. What loan would be best

    • Staff
      May | April 19, 2017

      Hi Karan,

      Thanks for reaching out.

      If you wish to consolidate your debts with ANZ, please review the criteria and if you think you meet them, please click on the “Go to site” button above to head over to ANZ’s website and submit your application there.

      Meantime, if you also like to check your other options, you may read the guide on this page and contact the lender directly to discuss your options and eligibility.

      Cheers,
      May

  2. Default Gravatar
    Zaeem | March 21, 2017

    If I pay my loan early, then how much penalty would be charged

    • Staff
      May | March 21, 2017

      Hi Zaeem,

      Thank you for your inquiry.

      If you pay off some or all of your loan early, you will incur $300 Early Repayment Administration Fee. You may also be charged early repayment costs. You can find out more on how an early repayment cost is calculated on ANZ’s official site. Please click the “Go to site” button above to be redirected to their site.

      Cheers,
      May

  3. Default Gravatar
    Mo | December 15, 2016

    Where can I find the interest of the fixed rate personal loan monthly?

    • Staff
      Jason | December 16, 2016

      Hi Mo,

      Thank you for your enquiry.

      The interest rate of ANZ fixed rate personal loan is 13.95% p.a., with a 14.81% p.a. comparison rate, for the life of the loan.

      You may also check out this link for a comparison of fixed rate personal loans offered by different lenders or banks.

      Kind regards,
      Jason

  4. Default Gravatar
    Julie | July 3, 2016

    I currently have a loan with anz.
    I have credit cards that with other companies.
    I am asking about a debt consolidation loan so I can
    Just pay one payment and one Interest rate.
    Could I have some advice please.

    • Staff
      Elizabeth | July 4, 2016

      Hi Julie,

      You can apply to “top up” your personal loan in order to consolidate your debt. However, as this is considered a new personal loan application breakage fees and early repayment costs will apply. You can contact ANZ directly to discuss your eligibility.

      I hope this helps,

      Elizabeth

  5. Default Gravatar
    Lech | October 30, 2015

    Hi,
    I am an Australian citizen but work overseas, therefore I don’t lodge tax return in Australia or pay tax here.
    Am I eligible for a CAR LOAN in Australia?
    (The car will be used by my wife who resides in Australia)

    • Staff
      Elizabeth | November 3, 2015

      Hi Lech,

      You need to be a current Australian resident to apply for this loan, as this is a special case ANZ may not approve you if you do not spend the majority of your time in Australia and have a permanent address outside of Australia. When you fill out your online application you will need to list an Australian address as your place of residence. You may need to get in touch with ANZ to confirm this – I’ve emailed you their overseas contact number and contact information page.

      I hope this will help.

      Thanks,

      Elizabeth

  6. Default Gravatar
    raju | March 13, 2015

    Hi there ..I am a anz customer and i have a credit card with you , due to some unexpected circumstances my credit card is maxed out but i am paying my minimums payments every week n month as i have higher interest rate in the credit i was thinking if i could apply for some personal loan as i am back to work and work full time ..just wondering if i apply for what are the chances of getting approve

    • Staff
      Matt | March 13, 2015

      Hi Raju,

      Thanks for your comment. You’ve actually come through to finder.com.au and not ANZ. If you’d like to get in touch with ANZ about your issue please use the links above to go to their site and enquire directly with them

      Cheers.
      Matt

  7. Default Gravatar
    Marvin | December 15, 2014

    Hi,

    I’m interested in getting a personal loan and wanted to know the requirements for the temporary resident. my visa will get expired at the end of the year but i’m applying for the permanent residency on March next year.

    Regards,
    Marvin

    • Staff
      Shirley | December 15, 2014

      Hi Marvin,

      Thanks for your question.

      If you are not a permanent Australian resident, you may still be eligible to apply but will be required to meet specific visa and income verification requirements. ANZ recommends that you visit them in a branch or call them directly to discuss your application.

      Cheers,
      Shirley

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