Important disclosure

Regional Australia Bank Personal Loans

Need a personal loan with a do-it-all attitude? Why not review and compare Regional Australia Bank personal loans below? This lender lets you use the cash for home renovations, holidays, car purchases, debt consolidation, plus more. You can also crunch the numbers using our Regional Australia Bank personal loan calculator to find a repayment estimate fit for your budget.

Loan Amount

$10,000

Term

3 months

Regional Australia Bank

Enviro Loan

EST Monthly Repayment
EST Monthly Repayment
6.95%
Advert. Rate (p.a)
Comparison rate
Get rewarded for making green purchases and improvements to your home with a low interest rate, great features and no monthly service fees or charges.
Regional Australia Bank

Personal Touch Loan

EST Monthly Repayment
EST Monthly Repayment
9.99%
Advert. Rate (p.a)
Comparison rate
A great unsecured personal loan rate, along with the service and support that gives Regional Australia Bank the personal touch!
Regional Australia Bank

On Track Debt Consolidation Loan

EST Monthly Repayment
EST Monthly Repayment
13.99%
Advert. Rate (p.a)
Comparison rate
Consolidate bills, credit cards and loans into a single manageable payment to get back on top of your debts!
Regional Australia Bank

All-purpose Personal Loan

EST Monthly Repayment
EST Monthly Repayment
15.99%
Advert. Rate (p.a)
Comparison rate
All-purpose Personal Loan for quick and easy funds when you need them.
Regional Australia Bank

Personal Loan

EST Monthly Repayment
EST Monthly Repayment
15.99%
Advert. Rate (p.a)
Comparison rate
All-purpose Personal Loan for quick and easy funds when you need them.

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Minimum and maximum loan periods vary between 6 months and 10 years. Comparison interest rates vary between 6.55% and 20.89% p.a. Total interest repayments vary between $1,387 and $4,165 over the life of the loan. *Comparison rate is based on an unsecured loan of $10,000 for a term of 3 years. WARNING: This comparison rate is 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. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.

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Regional Australia Bank personal loans – Get quick & easy funds

Because it’s a 100% customer-owned financial institution, Regional Australia Bank always shuffles profits back to customers. The bank says mutual banking allows them to deliver more competitive rates, fairer fees, and excellent service, which is a better kettle of fish than what larger banks offer.

Founded in 1969, this lender has been giving regional Australians a leg up to their financial goals since then. You’ll find its head office in Armidale, New South Wales, though it has customers throughout the country. The bank offers several financial products such as home loans, credit cards, and car loans, but if you’re interested in Regional Australia Bank personal loans, in particular, head right this way.

Types of loans offered by Regional Australia Bank

At the time of writing, Regional Australia Bank’s comprehensive suite of loans includes the following:

  • All purpose personal loan. You’ll have access to secured and unsecured credit, a minimum amount of $500 and flexible terms of up to 7 years. Rates start from 15.99%.
  • Personal touch loan. This is an unsecured or secured personal product that comes with personable customer service. You can borrow a minimum of $8,000 over 5 years at a rate of 9.99% p.a.
  • Car loan. Suitable for purchasing any motor vehicle less than 10 years old. Interest rates start from 11.49% and loan amounts from $5,000 while terms go up to 5 years. Follow the link to find out more about Regional Australia Bank car loans.
  • Accelerator car loan. Designed to help you roll out your new wheels faster, this option offers at least $10,000 borrowed over a maximum of 5 years. Any vehicle less than 5 years is eligible as security, and you get a competitive rate of 6.49% p.a.
  • On track debt consolidation loan. This unsecured personal loan allows you to bring all your debts, such as bills, credit cards, and loans together. You’ll be left with a single loan account, a single repayment and debt that’s easy to manage. You can borrow $8,000 over 5 years at an interest rate of 13.99% p.a.
  • Enviro loan. You get a “thank you” for putting the environment first in the form of a low interest rate (6.95% p.a). Borrow as little as $500 for as long as 5 years.

Features of Regional Australia Bank personal loans

  • Secured and unsecured options are both available.
  • All credit options come with a variable rate.
  • Free extra repayments are available together with a redraw facility.
  • There is no monthly service fee, but other fees and charges include a $195 application fee – a $26 PPSR check fee might also be required.
  • You can opt for a repayment frequency that’s weekly, fortnightly, or monthly.
  • When you apply for your first personal loan, your membership is opened as part of the application. You also purchase a single share of $1 to become a shareholder.

To apply, you need to:

  • Be at least 18 years of age
  • Be a permanent Australian resident or citizen
  • Provide a personal ID such as a driver’s licence, passport, or Medicare card
  • Provide details of your income, assets, expenses, and liabilities

How to apply for a personal loan from Regional Australia Bank

When you decide to apply for a Regional Australia Bank personal loan online, the process generally takes 15 minutes. To set the application in motion, click “Go to Site” in the table above. Next, fill in your details in the form provided and then submit.

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