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Juggling debts can be tricky, but you can save on fees and reduce interest by consolidating your debt with a NAB Personal Loan.

Interest

Choose a fixed or variable interest rate:
- Variable Rate: 13.69 % p.a.
- Comparison Rate: 14.56 % p.a.
- Fixed Rate: 14.19 % p.a.
- Fixed Comparison Rate: 15.06 % p.a.

Representative example

Loan amount: $ 20000, Loan term: 7 years, Variable rate 13.69 % p.a., Comparison Rate: 14.56 % p.a. (Fixed Rate : 14.19 % p.a., Fixed Comparison Rate: 15.06 % p.a.)

Age restriction

You need to be 18 years or older.

Application processing time

Just apply in-store by 2pm and you could walk away with your money that very same day. If your application is approved, your money will be in your NAB account within two hours.

Requirements

• - You must be at least 18;
• - Have a regular income or wage;
• - Have a good credit rating;
• - Be able to afford the loan repayments.

Documents

For the application you'll need to provide:
- income and employment details.
- what you own (assets) and what you owe (liability).

If you’re self-employed we’ll need you to provide the following documents:
- Your most recent personal income tax return.
- Your most recent notice of assessment.

If your business runs as a partnership, company or trust we’ll need the following relevant document(s) related to your businesses structure(s):
- Partnership tax return.
- Company tax return.
- Trust tax return.

Things to note:
- Make sure you black-out your Tax File Number (TFN) from all documents. Only documents from 2014 onwards will be accepted.
- Only documents from 2014 onwards will be accepted.
- Your business must be running for at least 12 months.
- The Taxpayers Declaration Form must be signed on all tax returns.

After completing your application, email these documents to personal.loan.applications@nab.com.au.

When applying for same day funds in a branch we might need a few other things from you too, so make sure you bring them along:
- the other applicant - if you're applying for a joint loan.
- your latest payslip - if you're not paid into a NAB Account.
- your most recent financial/tax statement - if you're self-employed.
- your credit card or store card statements - if you're consolidating debt.
- identification - photo ID or a NAB card if you already bank with us, or 100 points of ID if you're new to NAB.

Important information

Application fee: $ 150
Monthly fee: $ 10
Early exit fee: $ 0

Fees and interest rates may change. NAB personal variable loan rate includes special discount off standard variable personal loan indicator rates which is available on new loans and for a limited time.

Comparison rate calculated on unsecured loan amount of $ 30 000 over a term of 5 years based on monthly repayments.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Office hours

Mon - Fri: 8:00 - 20:00
Sat - Sun: 9:00 - 18:00

Address

Level 1, 800 Bourke Street, Docklands
Melbourne, Victoria 3008 Australia

Additional information

Phone: 13 13 12