7.6 / 10

based on 526 reviews as rated by Mozo community

IMB Bank personal loans

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 25 February, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee
Car Loan (up to 2 years old, Fixed, Secured)

4.99% p.a.

5.34% p.a.based on $30,000
over 5 years

$250

Personal Line of Credit (Variable, Unsecured)

13.85% p.a.

n/a

$0

Secured Personal Loan (secured by vehicle up to 6 years old, Fixed)

6.45% p.a.

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

$250

Unsecured Personal Loan (Fixed)

9.54% p.a.

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

$250

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

How to apply

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


How are IMB Bank personal loans rated?

Mozo users have rated IMB Bank personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
IMB Bank personal loans
Overall
8.3/10
Price
Features
Customer service
Convenience
Trust

17 Reviews

Recent IMB Bank personal loan reviews

IMB Bank Personal Loan review
Overall 10/10
Easy

Imb provided me with a personal loan that had a reasonable interest rate, Internet access and the option to pay it out early with out penalty. The loan was approved in a timely and professional manner.

Read full review

Imb provided me with a personal loan that had a reasonable interest rate, Internet access and the option to pay it out early with out penalty. The loan was approved in a timely and professional manner.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Kira, New South Wales, reviewed almost 6 years ago
IMB Bank Personal Loan review
Overall 10/10
Trustworthy bank with excellent service

Trusted bank with excellent service and low interest rates. Easy to use even living outside of the Riverina.

Read full review

Trusted bank with excellent service and low interest rates. Easy to use even living outside of the Riverina.

Price
10/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Jonathon, , reviewed over 6 years ago
IMB Bank Secured Personal Loan review
Overall 1/10
Extremely poor customer service

The customer service received by the IMB team is completely unprofessional, asking probing questions on a continual basis about personal family matters associated with our loan. Their level of communication and ability to listen is very poor. They evoked a real air of distrust and I would seriously dissuade anyone from dealing with this company.

Read full review

The customer service received by the IMB team is completely unprofessional, asking probing questions on a continual basis about personal family matters associated with our loan. Their level of communication and ability to listen is very poor. They evoked a real air of distrust and I would seriously dissuade anyone from dealing with this company.

Price
7/10
Features
4/10
Customer service
0/10
Convenience
1/10
Trust
0/10
Less
Paul, Victoria, reviewed almost 7 years ago
IMB Bank Secured Personal Loan review
Overall 4/10
Customer service is nil

I have been with this bank for 15 years when I went to apply for a personal loan it was not accepted even though I had a credit card with them. They suggested I try another bank or increase my credit limit which I did not want to do I did not find them helpful or care about me as a person, I have just opened up another account with a bank that has approved my loan and treats me with the respect that I deserve.

Read full review

I have been with this bank for 15 years when I went to apply for a personal loan it was not accepted even though I had a credit card with them. They suggested I try another bank or increase my credit limit which I did not want to do I did not find them helpful or care about me as a person, I have just opened up another account with a bank that has approved my loan and treats me with the respect that I deserve.

Price
4/10
Features
4/10
Customer service
5/10
Convenience
5/10
Trust
4/10
Less
Kerry, New South Wales, reviewed about 7 years ago

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