Personal Loan repayments calculator
Discover what you can afford and how quickly you can pay off with a Great Southern Bank Personal Loan.
Compare personal loans
Choosing the right loan
Compare personal loans
Unsecured Fixed Personal Loan
If you like stability
Interest rate
9.39
%
p.a.
Comparison rate
2
9.64
%
p.a.
Features
Loans from $5,000 to $65,0003
$0 Monthly fees
$0 Early payout costs
Unlimited fee free extra repayments
Used for
Unsecured Variable Personal Loan
If you like flexibility
Interest rate
11.89
%
p.a.
Comparison rate
2
12.15
%
p.a.
Features
Loans from $5,000 to $75,0004
$0 Monthly fees
$0 Early payout costs
Unlimited fee free extra repayments
Used for
Secured Fixed Car Loan
If you need a car
Interest rate
6.79
%
p.a.
Comparison rate
1
7.16
%
p.a.
Features
Loans from $5,000 to $100,0003
$0 Monthly fees
$0 Early payout costs
Unlimited fee free extra repayments
Used for
Choosing the right loan
Let's see which personal loan suits your needs
I need a loan for...
New or used vehicle
Debt consolidation
Home improvements
Education
Holiday
Secured Fixed Car Loan
- Loans from $5,000 to $100,0003
- $0 Monthly fees
- $0 Early payout fees
- Unlimited fee free extra repayments
Unsecured Fixed Personal Loan
- Loans from $5,000 to $65,0003
- $0 Monthly fees
- $0 Early payout fees
- Unlimited fee free extra repayments
Unsecured Variable Personal Loan
- Loans from $5,000 to $75,0004
- $0 Monthly fees
- $0 Early payout fees
- Unlimited fee free extra repayments
ABOUT US
Why choose Great Southern Bank?
For one thing, we're customer-owned. That means no shareholders, so all our profits go into creating new and clever ways to help you manage your money.
It also means we're able to focus squarely on our mission to empower ordinary Australians to reach their financial goals, whatever they may be.
We believe being owned by the people you help is a more transparent way of doing things and how all banks should work.
Start your application today
1. Apply online
It should take around 10 minutes. Simply check if you qualify and begin the application process.
2. Approvals
If approved, you will receive your loan contract to accept online. Your loan could be funded on the day you apply. See how it works.
3. Access your money
Your loan is paid into your Great Southern Bank Account.7 You can also view repayment details online and on our mobile banking app.
Important Information
Loans are issued by Great Southern Bank Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Lending criteria, limits, conditions and fees apply.
Rates current as at 11 August 2022 and subject to change.
Your loan contract will state the minimum monthly repayment amount. You can arrange with us to make repayments on a weekly or fortnightly basis.
1. Comparison rate accurate for $30,000 secured loan over 5 years. WARNING: Comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
2. Comparison rate accurate for $30,000 unsecured loan over 5 years. WARNING: Comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
3. $3,000 minimum loan amount in branch, $5,000 minimum loan amount online. Available loan term is 1 to 7 years.
4. $3,000 minimum loan amount and $100,000 maximum loan amount available in branch. $5,000 minimum loan amount and $75,000 maximum loan amount available online. Available loan term is 1 to 7 years.
5. A $200 minimum withdrawal amount applies for redraws conducted in-branch. Redraw facility is available for Great Southern Bank Personal Loan products on offer from 6 June 2017.
7. You will need to hold a Great Southern Bank everyday account when the loan is funded.
Eligibility criteria
Applicants must be:
- At least 18 years of age
- A permanent resident of Australia
- Have had no bankruptcy, insolvency in the last 5 years.
You will need:
- Proof of Identity (such as a drivers licence).
- Employment and income details (such as a payslip).
- Expenses, assets and debt details.
- Existing Great Southern Bank member number (If you're already a member).
6 Same day decision & funding: How it works
Unsecured Fixed Personal Loan and Unsecured Variable Personal Loan
To be eligible for same day funding, submit your application online before 11am AEST Monday to Friday (excluding public holidays), provide all required information and documents upfront, and accept the loan contract by 2pm. Payment of funds same day is unavailable if your application is referred for more detailed assessment. Subject to system availability. Time to receive funds may be affected by your bank’s clearance times. Lending criteria applies.
Secured Fixed Car Loan
To be eligible for same day funding, accept your loan contract by 2pm AEST Monday to Friday (excluding public holidays) and we'll issue your funds the same day (subject to system availability). The time it takes to receive your funds may be affected by your bank clearance times.
Select a loan type
Not sure which loan is right for you?