Police Bank has a range of loans available for any worthwhile purpose. Our loans are easy to apply for, with flexible terms and fast approvals.
As an added bonus, most of our loans do not carry penalties for extra repayments or early payout of the loan (see fees and charges) and interest is calculated daily. This means that any extra repayments you make start reducing interest on the day you make the deposit.
With our Pre-approval service you can shop with comfort knowing exactly what your budget is, allowing you to make the right purchase decision.
If you are considering refinancing or consolidating your existing loans, compare our options and you may be pleasantly surprised.
Our loans have no account keeping fees* so every dollar you repay goes towards reducing your loan balance.
Our loans may contribute to our Member Rewards Program* helping to reduce (or eliminate) fees – save on ATM and EFTPOS transactions (as well as qualify for fee rebates), personal cheques and external electronic periodical payments.
- Police Value Home Loan
- OneChoice Home Loan
- Premium Home Loan
- Equity Maximiser Home Loan
- New or Used vehicles
- 100% finance
- Pre-approval with flexible terms
- No early repayment penalties
- Refinancing available
- Competitive interest rates
- Reduced interest rates
Refinancing or consolidating loans from other lenders is also our speciality. Our pre-approval and 100% finance options makes our Personal Loans even more flexible.
Our Personal Loans don’t have any account keeping fees or early payout penalities, so you can be sure every dollar you repay is reducing your loan.
- Low ongoing interest rate of
- Up to 55 days interest free period on purchases
- ATM access to your funds World Wide
- Drawn down balance may contribute to our Member Rewards Program to reduce (or eliminate) fees
- Annual fee waived for the first year
- Secure online shopping with optional “Verified by Visa”
You can access funds with your Visa Debit Card or Redicard through ATM’s/ EFTPOS.
It will cost you nothing in interest until you access the funds and even then you’ll only pay interest on the amount that you draw down.
Your repayment amount each month is 2.5% of the outstanding balance at the close of each billing statement or $5.00 (whichever is greater)
Don’t think that only high income earners can benefit from salary packaging. You might be surprised how affordable it can be. You can save money on vehicle financing and running costs by using pre-tax income to pay for vehicle expenses. It may even cost you less than what you are currently spending!
Police Bank offers you what you might be looking for when it comes to Motor Vehicle leasing.
Financial Hardship Assistance Available
Police Bank will always be open to discussing with Members in financial difficulty the best options available. Click here for more information.