Use our guide for tips on how to complete the online unsecured personal loan application.
Find out more about our unsecured personal loans.
Select a fixed or variable interest rate.
Your rate and repayments will stay the same during the fixed term, which can be helpful for budgeting as there are no fluctuations in the amount of your minimum repayment.
Your rates can change at any time, so the amount of your minimum repayment might change. However, this option offers the flexibility to access a redraw facility, so if your circumstances change and you need money unexpectedly, you can redraw the extra funds you’ve paid.
You'll need to tell us your reason for the loan, such as if it's for a car or other vehicle or for personal or family needs.
What you can't use a personal loan for:
Existing customers can save time by having some personal and NAB financial details automatically filled in. All you need to do is use your NAB ID (located on the back of your NAB card, or in your NAB app though My Details).
Select ‘Yes’ if you’re a current NAB customer.
Select ‘No’ if you don’t have any NAB accounts – you can still apply online.
Select your title.
Enter your full first name as it appears on your official identification, like your driver's licence or passport.
If you have a middle name, enter it as it appears on your official identification, like your driver’s licence or passport.
If you don’t have a middle name, select ‘No’.
Enter your surname or family name as it appears on your official identification like your driver's licence or passport.
Select the year, month and day you were born from the calendar. You can also manually type in the date.
You need to be at least 18 years old to apply for a NAB Personal Loan.
The number you enter must be 10 digits long and start with 04. If we need to SMS you about the outcome of your application or next steps, this is the number we’ll use to contact you.
Enter your full email address with no spaces. We'll email you about your application.
Select the option that best describes your current situation.
A financial dependant is someone who you support financially. This can include:
Select the number of people that rely on you financially.
If yes, enter your licence number exactly as it appears on your driver's licence. We use this to identify you when we complete a credit check.
Select ‘Yes’ or ‘No’.
You're a permanent resident if you're a citizen, or if you live in Australia and have either an Australian passport or a permanent visa.
Select ‘Yes’ or ‘No’.
Select ‘Yes’ or ‘No’.
Select the option that best describes your living arrangement.
'Owner' is when you own a property.
'Renting' is when you're on the lease.
'Boarding' is when you're not on the lease and do not own the property.
You need to live in Australia to apply for a NAB Personal Loan.
Select the year, month and day from the calendar. You can also manually type in the date.
If you select ‘Yes’, we'll send any mail to that address. If you select ‘No’, you’ll need to provide your postal address.
If you haven't lived at your current address for at least three years, we'll need the last address you lived in as well.
Confirm if you’re a citizen of Australia or another country.
Doing this online can be quicker. You’ll need to submit at least one of the following four identification documents to verify your identity:
If you prefer to visit a NAB branch to verify your identity, you’ll need to bring along identification documents. Please ensure all documents are originals and not photocopies.
Acceptable identification documentation combinations are as follows:
We'll need to know your employment or work history over the past three years. This can include paid or unpaid roles, such as unpaid internships.
We'll also need at least one current role listed. We’ll also need to know if you weren't employed during the three year period, such as being a student.
Select the option that best describes your current working situation.
Enter the name of the company (or business) you work for.
Select the option that best describes your job title.
Enter your pre-tax income for the frequency you selected above.
Enter your after-tax income for the frequency you selected above.
Learn what documents we need to verify your income.
Assets can include:
If you have no assets, click ‘Next’.
If what you tell us differs from what’s on your credit report or other information we hold, we may need contact you before we can finalise your application.
If you have no debts, click ‘Next’.
If what you tell us differs from what’s on your credit report or other information we hold, we may need to contact you before we can finalise your application.
Enter your expenses as accurately as possible for:
Enter in 0 for any expenses you do not pay for.
If you share any expenses with someone else, only include the amount that you contribute and only include each expense once.
If you’re nearing the typical age of retirement (63 years old) during the loan term, we’ll ask how you intend to repay the loan.
Upon approval, you’ll need to review and accept your loan documents through NAB Internet Banking.
Visit your nearest NAB branch to speak to us in person.
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Consider the NAB Internet Banking terms and conditions which apply when using NAB Internet Banking and the NAB app, before making any decisions regarding these services. The NAB app is compatible with Android™ and iOS, minimum platform requirements apply. Android is a trademark of Google LLC. iOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license. Services issued by NAB.
NAB acknowledges the Traditional Owners of the land as Australia’s First Peoples and recognises their continuing connection to lands, water and country. We pay our respects to Elders past and present.
Any advice on our website has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, consider whether it is appropriate for your circumstances and view the Product Disclosure Statement or Terms and Conditions available online or by contacting us. Credit applications are subject to credit assessment criteria. Interest rates, fees and charges are subject to change. Target Market Determinations for our products are available at nab.com.au/TMD. Products issued by NAB unless stated otherwise.
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