Defence Bank personal loans

3.3
Based on 15 Defence Bank personal loan product reviews.
Fact Checked

Defence Bank is owned by members rather than shareholders who are made up of the Defence Force community and everyday Australians. When it comes to personal loans, it has three: a debt consolidation loan, low rate car loan and personal loan. Read on for all you need to know.

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Last updated 11 December 2024 Important disclosures and comparison rate warning*

Defence Bank personal loans

  • Personal Loan

    • Variable, Secured
    Interest rate from
    9.79 % p.a.
    Comparison rate from
    10.76 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $206
    No Partner link

  • Consolidation Loan

    • Variable, Unsecured
    Interest rate from
    13.99 % p.a.
    Comparison rate from
    14.93 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $206
    No Partner link

  • Car Loan

    • Variable, Secured
    Interest rate from
    6.79 % p.a.
    Comparison rate from
    7.57 % p.a.
    Based on $30,000 over 5 years
    Upfront fee
    $56
    No Partner link

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Defence Bank personal loan ratings

Overall customer rating for Defence Bank personal loans

3.3
Based on 15 product reviews.

Customer reviews

Important disclosures

Defence Bank products

Personal loan quick links


* WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.

^See information about the Mozo Experts Choice Personal Loan Awards

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