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NAB Personal Loan (Fixed, Unsecured)

Advertiser disclosure
Interest rate from
6.99% 18.99% p.a.
Comparison rate from
7.91% 19.83% p.a.based on $30,000
over 5 years
Upfront fee

Mozo editorial review NAB Personal Loan (Fixed, Unsecured) - last updated: 15 July 2021

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What's hot
  • Fixed rates from 6.99% p.a. (7.91% p.a. comparison rate*)
  • Flexible weekly, fortnightly or monthly repayment options
  • Free extra repayments
What's not
  • $10 service fee
Mozo snapshot

So, you’re after an unsecured personal loan to cover that new car, pool or big kitchen reno? Well, the unsecured NAB Personal Loan is a good place to start your search as it comes with fixed interest rates from 6.99% p.a. (7.91% p.a. comparison rate*) and it also lets you choose to repay your loan over 1-7 years in either weekly, fortnightly or monthly instalments.

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Key features

If you’re on the hunt for a competitive personal loan, then you’re probably looking for a killer rate. Well, you're in luck, because depending on your credit history you'll be able to access fixed interest rates between 6.99% (7.91% comparison rate*) and 18.99% (19.83% comparison rate*) with the NAB Personal Loan

The loan allows fee-free extra repayments with no early repayment penalties, so you can pay your loan off early to save even more on interest.

When it comes to repaying your loan you have the option to choose between weekly, fortnightly and monthly repayments that can go on for a loan term anywhere between 1 to 7 years, letting you personalise your loan to fit with your budget. And because this is an unsecured personal loan, you won't need to put up any assets like a house or a car as collateral against it.

Thinking of getting a loan somewhere between $5,000 to $55,000? Perfect, because that’s the exact range of money the NAB Personal Loan allows you to borrow.
Who is it good for

If you're after a personal loan but don't have any assets to put up as security and would prefer to stick with a big bank, then this might be the loan for you. The fixed rate will also appeal to borrowers who like having a budget, as your repayments will always stay the same.

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Any catches

While this loan is pretty solid across the board, you'll need to budget for the monthly $10 service fee.


Rates and fees information correct as at 24 May 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.


6.99% 18.99% p.a. fixed

7.91% 19.83% p.a.based on $30,000
over 5 years







Other financial bits



1 Year

7 Years



Weekly, Fortnightly, Monthly





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.

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