ANZ Personal Loans

ANZ has been offering quality financial products and services to Australians for close to two centuries, so why not consider ANZ for your next personal loan?

Last updated:

ANZ

Australia and New Zealand Banking Group Limited, commonly referred to as ANZ, offers an extensive array of banking and financial products and services to individuals and various types of organisations. Founded in 1835, the bank aims to provide customers with products and services that meet their needs.

Two personal loans ANZ offer:

Updated December 13th, 2019
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
ANZ Fixed Rate Personal Loan
12.45% (fixed)
13.32%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate of 12.45% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.
ANZ Variable Rate Personal Loan
15.99% (variable)
16.84%
$5,000
1 to 7 years
$150
$10
You'll receive a variable rate of 15.99% p.a.
A flexible loan with amounts starting $5,000 that offers flexible repayments and a redraw facility.

Compare up to 4 providers

The different personal loans ANZ offer:

    • ANZ Variable Rate Loan. If you need a loan to make a purchase or consolidate your debt, an ANZ Variable Rate Personal Loan is designed with you in mind. This loan allows you to enjoy the flexibility of making extra repayments according to your preferences and budget and you can also repay early. You can top up your funds if you find you need extra during your loan term and it has a redraw facility.
    • ANZ Fixed Rate Loan. The Fixed Rate Loan comes with a constant interest rate for the entire period of the loan, offering the security that comes with knowing what your future repayments will be. You can manage your loan online and ANZ offers a fast turnaround with this loan – the funds can be in your account on the same day when you apply by midday Monday to Friday.
  • ANZ Overdraft. ANZ offers two overdraft products that can be attached to your personal transaction accounts. If you'd like a personal line of credit that's conveniently attached to your account, and that you only pay interest on what you use, these accounts may be ones to consider.

Features and benefits of an ANZ personal loan

  • Choice of fixed or variable interest rate. Depending on what best suits your budget, you can opt for a fixed or variable loan.
  • Flexible repayment schedule. With an ANZ personal loan, you will be able to make repayments according to your schedule – weekly, fortnightly or monthly.
  • Flexible loan terms. A personal loan from ANZ comes with the flexibility of choosing a term from 1 to 7 years. This gives you the ability to choose how long you want to take to pay off your loan.
  • Loan amount. You will be able to borrow $5,000 or more with an ANZ personal loan.

What other products does ANZ offer?

  • Home loans. ANZ has an extensive range of convenient and uncomplicated home loans designed to help make buying a home easier.
  • Bank accounts. ANZ has a wide range of bank accounts including transaction accounts, savings accounts and term deposits.
  • Credit cards. ANZ offers Low Interest Rate, Rewards, Frequent Flyer and Platinum credit cards to customers.
  • Other products. Some of the other products offered by ANZ include insurance, foreign exchange, investing and super.

ANZ Personal Loan rates & fees:

  • ANZ Fixed Rate Personal Loan:

    12.45% p.a. interest rate. Apply for up to $50,000 to use for a variety of purposes without needing to add security.

  • ANZ Variable Rate Personal Loan:

    15.99% p.a. interest rate. A flexible loan with amounts starting $5,000 that offers flexible repayments and a redraw facility.

How you can apply for a ANZ personal loan

If you want to apply for any personal loan offered by ANZ, click "Go to Site" to be safely redirected to the online application page. You will need to set aside about 20-30 minutes out of your day to complete the easy form.

To be eligible for an ANZ personal loan you have to:

  • Be at least 18 years of age
  • Be currently residing in Australia
  • Have a regular income
  • Have a good credit rating
  • Be looking to borrow at least $5,000 or $7,500 for a car loan.

To apply, make sure you have the following on hand:

  • Income, expenses, assets and liabilities
  • Your current employer's name and contact information
  • Your previous employer's name and details if you've changed jobs in the last three years
  • Your driver's licence or proof of ID
  • If you bank with ANZ, your ANZ account number or Customer Registration Number

After you’ve submitted your application, you will receive a confirmation email. If your application is approved, you will receive a Letter of Offer before the funds are made available to you.

ANZ’s personal loans offer viable alternatives for borrowers in need of funds. Make sure to compare your options before deciding which loan is the right one for you.

Was this content helpful to you? No  Yes

Read more on this topic

  • MoneyMe Line of Credit MoneyMe offers a flexible line of credit loan that's accessible within minutes. Apply online and get approved for a maximum credit limit from $1,000 to $10,000 and make purchases straight from your mobile phone.
  • What a time to be a loan: August 2019 sees $30bn personal loan spike Despite a $5 billion fall over the previous 12 months, Australia has seen a dramatic increase in personal loans over June-August 2019.
  • MyState Bank Unsecured Fixed Rate Personal Loan Looking for a personal loan without the need for security? MyState Bank offers a competitive fixed rate loan option for almost any purpose.
  • MyState Bank Secured Fixed Rate Personal Loan If you have good credit and can provide security, you can apply for a low-rate MyState Secured Fixed Rate Personal Loan up to $75,000 today.
  • Unsecured personal loans Unsecured personal loans offer you incredible flexibility when it comes to your finances – whatever you're looking to borrow for, an unsecured loan might be an option to consider.
  • Compare Personal Loans There is a range of personal loan options available for you to compare, from line of credit loans to standard lump-sum payment personal loans. Find out everything you need to know and compare in this guide.
  • Unsecured personal loans Unsecured personal loans offer you incredible flexibility when it comes to your finances – whatever you're looking to borrow for, an unsecured loan might be an option to consider.
  • Compare Personal Loans There is a range of personal loan options available for you to compare, from line of credit loans to standard lump-sum payment personal loans. Find out everything you need to know and compare in this guide.
  • Auswide Personal Loan Looking to buy a car or fund a holiday? The Auswide Personal Loan lets you borrow up to $50,000.
  • OurMoneyMarket Personal Loan OurMoneyMarket is a marketplace lender that offers personal loans with risk-based rates. See if it's right for you here.

Personal Loan Offers

Important Information*
Logo for RateSetter Unsecured Personal Loan - 3yr Variable
RateSetter Unsecured Personal Loan - 3yr Variable

You'll receive a variable rate between p.a. and 16.40 p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 6 months. Interest and comparison rates calculated for a loan term of 3 years.

Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 28.69% p.a. based on your risk profile.
Apply for a loan up to $70,000 and repay your loan over 3 or 5 years terms.

Logo for NOW FINANCE Personal Loans
NOW FINANCE Personal Loans

You'll receive a fixed rate between 8.95% p.a. and 16.95% p.a. based on your risk profile
Apply for loans from $5,000 and get a dedicated loan manager. No security required. Note: Applicants approved before 31 December 2019 will receive a special offer $200 Coles Gift Card.

Logo for Westpac Unsecured Personal Loan
Westpac Unsecured Personal Loan

You'll receive a fixed rate of 11.99% p.a.
Benefit from the security of a fixed rate with the flexibility of additional repayments.

Ask an Expert

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 Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

14 Responses

  1. Default Gravatar
    LizNovember 8, 2017

    Hi, I have a personal loan with another bank and I just want to know if I could transfer it to ANZ? I just started my new job and was out of employment for a while and had a difficult time making payments. The bank I am with weren’t understanding or helpful so I want to go to ANZ to pretty much start over with my loan. Is it possible?

    • Avatarfinder Customer Care
      RenchNovember 8, 2017Staff

      Hi Liz,

      Thanks for reaching out to us. Please note that we are not affiliated with ANZ or any company we feature on our site and so we can only offer you general advice.

      If you are referring to ANZ personal loans, you may click on the loan that you prefer to see more details and check the eligibility criteria then you may click on the ‘Go to Site’ button to submit an online application.

      You can also have a look at this page for helpful tips and compare your options for personal loans for debt consolidation. Debt consolidation allows you to combine all your loans into one. Essentially, it can give you a way to reduce your interest rates and fees, thereby giving you a way to get yourself out of debt.

      Hope this helps.

      Best regards,
      Rench

  2. Default Gravatar
    sheldonSeptember 16, 2016

    Hey there is it possible to get a loan for $25000 even if my employment is casual ??

    • Avatarfinder Customer Care
      ElizabethSeptember 16, 2016Staff

      Hi Sheldon,

      ANZ considers casual employees for loans. You need to earn at least $15,000 p.a. and have been employed at your current work for six months. Keep in mind that $25,000 is quite a large loan, approval will depend on how much you’re earning to see if you’re able to service the loan.

      Hope this helps,

      Elizabeth

  3. Default Gravatar
    AnaisAugust 18, 2016

    Hi I was wondering if a student starting his own business could get a loan ?

    • Avatarfinder Customer Care
      ElizabethAugust 18, 2016Staff

      Hi Anais,

      ANZ’s personal loans are designed to be used for personal use, but the bank does also offer a range of business loans. You’ll need to get in touch with one of its business specialists to discuss your eligibility. You can also find out more about how to apply or a business loan on this page.

      Hope this helps,

      Elizabeth

  4. Default Gravatar
    ScottMarch 19, 2016

    Hi can you get a unsecured personal loan for $15000 if you are 67 years old and on old aged pension benefits

    • Avatarfinder Customer Care
      ElizabethMarch 21, 2016Staff

      Hi Scott,

      ANZ do consider retired applicants for a personal loan as long as you can show evidence of your income. Your financial circumstances, that is your income, assets, debts and liabilities, will be taken into account when determining the amount you will be approved for.

      I hope this information has helped.

      Thanks,

      Elizabeth

  5. Default Gravatar
    mattFebruary 25, 2016

    how soon is a letter of offer sent, is it emailed or posted

    • Avatarfinder Customer Care
      ElizabethFebruary 26, 2016Staff

      Hi Matt,

      ANZ don’t provide a time period where you can expect your letter of offer, but you may expect it within about ten business days, but usually less. Your letter of offer will be posted.

      I hope this information has helped,

      Elizabeth

  6. Default Gravatar
    AngelApril 4, 2015

    I applied for 10,000 personal loan last February 2, 2015, then after 2 months April 2, 2015 I repay my loan. The total amount that I paid was $10,758.78. Do you think I paid too much?

    • Avatarfinder Customer Care
      ElizabethApril 7, 2015Staff

      Hi Angel,

      Thanks for your question.

      This depends entirely on the type of loan you took out (fixed or variable rate, and what interest rate was applied, the fees you paid, etc.) However, based on ANZ’s current loan offerings the amount you paid doesn’t sound too much. It might be a good idea to take a look at your loan contract and see what fees/charges were laid out in it, and you can also get in contact with ANZ to discuss your loan and the amount you paid.

      I hope this has helped.

      Thanks,

      Elizabeth

  7. Default Gravatar
    elizabethSeptember 18, 2014

    Hi im just looking around to see where i can get a decent loan as i am on centrelink on the single parenting payment receiving 1200 a fortnight and in 2 months time it will go up by $200 or $300 as i am having another baby very soon.

    • Avatarfinder Customer Care
      ShirleySeptember 19, 2014Staff

      Hi Elizabeth,

      Thanks for your question.

      Please see this page for a list of lender that may be able to help. I’d recommend that you get in touch with a few of them just to discuss your options and eligibility.

      All the best,
      Shirley

Ask a question
Go to site