Finder makes money from featured partners, but editorial opinions are our own.

Australian Military Bank Variable Rate Personal Loan

Borrow from $5,000 up to $40,000. Interest rates are tailored based on your credit score.

No reviews yet. Write a review

Main points to consider with this personal loan

This unsecured personal loan comes with a variable interest rate from 8.99% p.a. The rate you receive depends on your credit history. You can apply for between $5,000 and $40,000 and choose loan terms of up to 7 years.

No fees apply if you repay your loan early or make extra repayments, but a $0 monthly fee applies as well as an application fee of $150.

Features of the Australian Military Bank Variable Rate Personal Loan

This personal loan comes with a number of features, including:

  • Tailored interest rate. This personal loan comes with a variable rate from 8.99% p.a. and is dependent on your credit history.
  • Loan amounts. You can apply for between $5,000 and $40,000, so the loan is suitable for a range of budgets and borrowing needs.
  • Flexible repayment structure. You can choose your repayment frequency – weekly, fortnightly or monthly – and you can make extra repayments or pay off your loan early if you are able. Loan terms up to 7 years are available.
  • Redraw facility. If you've made additional repayments towards your loan you can access these using the loan's redraw facility.
  • Salary repayment option. You can choose to make repayments directly from your salary.

What fees apply to this personal loan?

You will be charged the following fees:

  • $0 monthly fee
  • Application fee of $150

How you can apply for the Australian Military Bank Variable Rate Personal Loan

You can start your online application by clicking "Go to Site". Make sure you meet the following eligibility requirements before submitting your application:

  • You're over the age of 18
  • You're a citizen or permanent Australian resident
  • You're currently employed or receive a regular income
  • You have had good credit history for the past five years

If you meet these eligibility criteria you can start the application. You will need the following information on hand to complete it:

  • Employment details including your income and your most recent payslip
  • Details of your assets including vehicles, shares, savings and super
  • Information regarding debts such as credit card limits and other loans

Keep in mind you will need to become a member of Australian Military Bank when applying for this personal loan. You will receive your indicative interest rate when you apply.

Compare other personal loans

{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"AUFPL_COMPARISON_V2_TABLE","nicheCode":"AUFPL","fields":[{"name":"LOAN_AMOUNT","value":"30000","options":"","label":"Loan amount","suffix":"$","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"3","options":"","label":"Loan term","suffix":"years","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""}]}
1 - 9 of 9
Updated regularly
Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
NOW Finance No Fee Unsecured Personal Loan
Finder award winnerFixed18 Months - 7 Years $5,000 - $50,000
Interest Rate (p.a.)
6.75%
to 26.95%
Comp. Rate (p.a.)
6.75%
to 26.95%
Application Fee
$0
Monthly Fee
$0
Monthly Repayment
$922.89
Go to siteMore Info
OurMoneyMarket Personal Loan
Fixed1 - 7 Years $2,001 - $75,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
1.50% - 6%
min. $250
Monthly Fee
$0
Monthly Repayment
$934.23
Go to siteMore Info
Harmoney Unsecured Personal Loan
Finder award winnerFixed3 - 7 Years $2,000 - $70,000
Interest Rate (p.a.)
5.76%
to 24.03%
Comp. Rate (p.a.)
6.55%
to 24.98%
Application Fee
$275 - $575
Monthly Fee
$0
Monthly Repayment
$926.83
Go to siteMore Info
Citi Personal Loan Plus
Variable3 - 5 Years $2,000 - $55,000
Interest Rate (p.a.)
10.90%
Comp. Rate (p.a.)
11.19%
Application Fee
$199
Monthly Fee
$10
Monthly Repayment
$997.25
Go to siteMore Info
Special Offer: Monthly Fee of $10 waived for applications submitted before 30 June 2024.
Latitude Variable Rate Personal Loan
Variable2 - 7 Years $5,000 - $70,000
Interest Rate (p.a.)
9.49%
to 29.99%
Comp. Rate (p.a.)
10.37%
to 30.69%
Application Fee
$0
Monthly Fee
$13
Monthly Repayment
$973.85
Go to siteMore Info
Special Finder offer: $395 establishment fee waived for approved personal loan applications submitted through Finder. Latitude may withdraw offer at any time. T&Cs apply.
NAB Personal Loan Unsecured Fixed
Fixed1 - 7 Years $5,000 - $55,000
Interest Rate (p.a.)
6.99%
to 20.49%
Comp. Rate (p.a.)
7.91%
to 21.33%
Application Fee
$150
Monthly Fee
$10
Monthly Repayment
$940.81
Go to siteMore Info
Pepper Money No Fee Unsecured Personal Loan
Fixed18 Months - 7 Years $5,000 - $50,000
Interest Rate (p.a.)
6.75%
to 26.95%
Comp. Rate (p.a.)
6.75%
to 26.95%
Application Fee
$0
Monthly Fee
$0
Monthly Repayment
$922.89
Go to siteMore Info
NAB Personal Loan Unsecured Variable Rate
Variable1 - 7 Years $5,000 - $55,000
Interest Rate (p.a.)
6.99%
to 20.49%
Comp. Rate (p.a.)
7.91%
to 21.33%
Application Fee
$150
Monthly Fee
$10
Monthly Repayment
$940.81
Go to siteMore Info
ING Personal Loan
Finder award winnerFixed2 - 7 Years $5,000 - $60,000
Interest Rate (p.a.)
6.89%
to 18.99%
Comp. Rate (p.a.)
7.10%
to 19.23%
Application Fee
$150
Monthly Fee
$0
Monthly Repayment
$929.43
Go to siteMore Info
loading
Showing 9 of 9 results

More guides on Finder

  • Finder Personal and Car Loan Awards 2024

    Check out the Finder Personal and Car Loan Awards winners and finalists for 2024.
  • Laptop loans and finance options

    Find out everything you need to know about getting a loan for your laptop purchase, including what's available, if you're eligible and how to compare.
  • Loan and finance options for weight loss surgery in Australia

    Planning on getting weight loss surgery? Learn your options and compare medical loans today.

  • Wisr Personal Loan

    Wisr’s Personal Loan comes with fixed personalised interest rates.
  • How much can I borrow with a personal loan?

    Personal loans offer a range of loan amounts to suit different purposes and budgets. Here's how to get the loan amount you need.

  • Engagement Ring Finance

    If you're considering an engagement ring loan, find out your options here and get the perfect ring for your spouse-to-be.
  • Apprentice loans

    If you're thinking about getting an apprentice loan, explore the possibility of government-sponsored loans as well as loans offered by banks. Find out everything you need to know to compare your options.
  • Swimming Pool Finance

    Swimming pools are a great way to spend your summer while increasing the value of your property. If you're looking to invest in a swimming pool, find out about your personal loan options here.

  • Same Day Personal Loans

    We’ve written about how you can get a same day personal loan and how to speed up the process.

  • A guide to interest rates

    Compare your options and know what to look for with the highest or lowest interest rate.

Ask a Question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

2 Responses

    Default Gravatar
    MattFebruary 7, 2019

    I am on age pension and family allowance payments. I am self-employed under ABN and casually drive a taxi. I am married with 4 children under 12y.o. Wife not working, at present. I have no payslips only tax returns. Like to borrow up to 40,000 if possible for a bigger car and household improvements like furniture and school fees. Can afford to pay 850 per month fortnightly on direct debit from my pension and family allowance payments and top up from taxi income if necessary. Please advise how much I can borrow over 7 yrs.

    Reply
      AvatarFinder
      JoshuaFebruary 17, 2019Finder

      Hi Matt,

      Thanks for getting in touch with Finder. I hope all is well with you. :)

      If you want to apply for a loan from Australian Military Bank, you would need to be currently employed or you must receive a regular income. You also need to have a good credit history for the past five years. If you believe that you meet these requirements, you may want to directly get in touch with the Australian Military Bank to learn more.

      If you’d like to check your other options, there are brands that consider pensioners for a loan along with their conditions. See our list of pensioner loans to compare lenders who may consider you. You can click the name of the lender to learn more about their loan offer. When you are ready, you may then click on the “Go to site” button if available to be redirected to the lender’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      I hope this helps. Should you have further questions, please don’t hesitate to reach out again.

      Have a wonderful day!

      Cheers,
      Joshua

      Reply
Go to site