At a glance

10.99 %P.A.
Fixed Rate Unsecured Personal Loan
11.71 %P.A.
Comparison rate*
$0
Additional repayment fees or early repayment fees
FLEXIBLE
Loan terms and repayment options to suit you

Why choose our low rate personal loans?

Whether you’re looking to pay for your next car, wedding, holiday, consolidate your debts or you need some extra funds, our low rate personal loans can help make your dreams a reality.

Unlimited repayments and no early repayment fees or break costs

Make unlimited additional repayments anytime or repay your loan early with no additional costs

 

Secured and unsecured personal loan

Get an unsecured personal loan or reduce your rate by using your mortgage as security 

Borrow upwards of $3,000

Borrow a minimum of $3,000 (unsecured loans only) for a loan term of 1-5 years

 

Low rate personal loans

Low rate personal loans with a low monthly fee

Secured or unsecured personal loan?

 

Everyone’s financial circumstances are different which is why we offer secured or unsecured personal loans to suit your lifestyle and budget. 

Secured Personal Loans

If you’re looking for a personal loan, you can use your residential property to take out a secured personal loan and reduce your interest rate. Your mortgage will be used as security in the event you’re unable to repay your loan.

Unsecured Personal Loans

If you don’t have any assets or you don’t want to use your mortgage as security, we offer an unsecured personal loan with a slightly higher interest rate.

If you're looking to purchase a car, you can lock in lower interest rates by using your new car as security with our Car Loan

Personal loan features

 

Unsecured

Mortgage Secured

Minimum loan amount

$3,000

$5,000

Maximum loan amount

$40,000

$50,000

Application fee

$150

$195

Monthly maintenance fee

$7.50

$7.50

Minimum loan term

1 year

1 year

Maximum loan term

7 years

7 years

Variable interest rate option

Yes - your interest rate and repayments may change over the term of your loan

Fixed interest rate option

Yes – your set repayment amount is determined at the start of the loan

Security

Nil or personal guarantee

Residential property

Extra repayments

Yes, no fees apply

Early payout

Yes, no fees apply

Repayments

Weekly

Fortnightly

Monthly

Internet Banking

Yes

EasyPhone Banking

Yes

 

Government fees and charges and Bank release fees may apply to release security.

Internet Banking and EasyPhone Banking access excludes withdrawal transfers and BPAY payments.

Interest rates

Choose the interest rate that suits your budgeting needs.

Personal Loan Interest Rates

Fixed Rate Personal Loans

Security

Interest rate % p.a.

Comparison rate % p.a.*

Unsecured Personal Loan

10.99

11.71

Mortgage Secured Personal Loan

10.99

12.26


Variable Rate Personal Loans

Security

Interest rate % p.a.

Comparison rate % p.a.*

Unsecured Personal Loan

12.95

13.66

Mortgage Secured Personal Loan

9.54

10.82

Fees

At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Personal Loans

 

Unsecured

Mortgage Secured

Monthly maintenance fee

$7.50

$7.50

Application fee

$150

$195

A full list of fees can be found in our Fees and Charges Guide.

 

Apply for personal loan

To apply for a BOQ Personal Loan, you must:
  • Be 18 years of age or older
  • Be applying for a loan of $3,000 or more
  • Have never been bankrupt
  • Be an Australian citizen or permanent resident
  • Have a regular income
What you'll need for your application
  • Proof of identity
  • Employment details
  • Financial details such as income, assets, expenses and liabilities.
Contact us below and we'll get back to you

Enquire online now

Important information

We can also help with:

Get moving with our Car Insurance

Car Insurance

When you get into a car accident or your car is stolen, the last thing you want to think about is how you're going to pay for everything. That's why we've got you covered.

  • Choose from Comprehensive and Third Party
  • Choose market value or agreed cover
  • Optional extras

Take the stress out of travel

Travel Insurance

Travel insurance for when things may not go to plan.

  • Single or family policies
  • Single trip or annual multi-trip policies
  • Cover for medical expenses, belongings and more