IMB Bank personal loans

IMB Bank
IMB Bank's overall rating for personal loans

(as rated by the Mozo community)

8.3 / 10

based on 17 reviews

Dating all the way back to 1880, IMB Bank has been helping Aussies save, spend and budget how they want to for over 135 years.

So whether you’re looking for a personal loan to fund a holiday, a renovation, a new purchase or to consolidate existing debt, IMB has an option to suit.

IMB Bank offers the following personal loans

Rates and fees verified as correct at 03 July, 2020. Other information correct at the time of writing.

Product Interest rate from Comparison rate from* Upfront fee

5.45% p.a.

5.80% p.a.based on $30,000
over 5 years


13.85% p.a.



6.45% p.a.

6.80% p.a.based on $30,000
over 5 years


9.54% p.a.

11.28% p.a.based on $10,000
over 3 years


*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. 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.

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What personal loans does IMB Bank offer?

Unsecured personal loan

Whether you’re dreaming of a fairytale wedding or a tropical getaway, you can make it happen with an unsecured loan from IMB Bank. Borrow between $2,000 and $20,000 and choose a term from 1 - 5 years. It’s a fixed rate loan, so you’ll have set repayments, which you can make on a weekly, fortnightly or monthly basis. You can also make free extra repayments on your loan, and the best part is, there’s no early repayment fee. Just keep in mind there’s an upfront application fee to consider.

Secured personal loan

If you’ve got spending goals to finance and like the peace of mind that comes with fixed monthly repayments, the IMB fixed rate, secured loan is a great option. You can borrow $2,000 - $60,000, for a term of 1 - 5 years, just don’t forget to budget for the upfront application fee. Repayments are made on a monthly basis, and there’s also the option to make extra repayments if you want. But before you decide on this loan, remember that you’ll need to have a vehicle up to 6 years old to put up as security.

New car loan

Is a shiny new set of wheels on your agenda? If you’re buying a car under 2 years old, you can borrow between $2,000 and $75,000 with a new car loan from IMB. This fixed rate loan only gives you the option to make monthly repayments, but you can also choose to make as many free extra repayments as you want, with no early repayment fee. And don’t forget to budget for the upfront application fee!

IMB Bank personal loan features at a glance

Fixed rates: All IMB Bank personal loans are fixed rate products, so you can plan your budget knowing that your repayments will be the same each month.

Extra repayments: Make unlimited extra repayments on your IMB Bank personal loan.That means you can pay off your loan faster and save on interest - and the best thing about it? There are no early repayment penalties.

Fees: Although there is an upfront application fee to consider, the good news is, your IMB Bank personal loan comes with no ongoing fees attached. Also, look out for the hefty late payment fee!

IMB Bank customer reviews

Find out what everyday Aussies think about IMB Bank in areas like customer service, trust and convenience by visiting our customer review section.

How to apply

When you apply for a loan with IMB Bank, remember that you’ll have to provide some details, including:

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