How to apply for a personal loan

Please provide us with:

• Your most recent payslip(s) covering 3 months' worth of year-to-date (YTD) income.
  The payslip(s) should be no older than 60 days from the date you apply, with at least one payslip or document showing income received within 30 days of your personal loan application. Payslips must not be handwritten.
  If you do not have a payslip that shows a 3 month YTD income figure, we will require supporting documentation to show 3 months of income such as previous payslips, your most recent ATO Income Statement, or your Individual Tax Return and ATO Notice of Assessment.

Or

• If your payslip does not display the YTD income figure, your most recent bank statements showing your income for 3 months (with your name as account owner).
  The bank statements should be for an account in your name reflecting your last 3 months' worth of income being credited, with the most recent credit being made within 30 days of your personal loan application.

If you are recently employed, please provide us with:

• A copy of your current employment contract signed by your employer with all pages included AND
• Your most recent payslip dated within 30 days of your application AND
• Last payslip(s) from your previous employer covering 3 months of income.

Please provide us with:

• Your most recent payslip(s) covering 6 months' worth of year-to-date (YTD) income.
  The payslip(s) should be no older than 60 days from the date you apply, with at least one payslip or document showing income received within 30 days of your personal loan application. Payslips must not be handwritten.
  If you do not have a payslip that shows a 6 month YTD income figure, we will require supporting documentation to show 6 months of income such as previous payslips, your most recent ATO Income Statement, or your Individual Tax Return and ATO Notice of Assessment. 

Or

• If your payslip does not display the YTD income figure, your most recent bank statements showing your income for 6 months (with your name as account owner).
  The bank statements should be for an account in your name reflecting your last 6 months' worth of income being credited, with the most recent credit being made within 30 days of your personal loan application.

Please provide us with:

• Your most recent Individual Tax Return prepared by a registered taxation agent (all pages) and corresponding ATO Notice of Assessment no older than 22.5 months

And

If you are a Sole Trader:

• Most recent Profit & Loss statement and Balance Sheet no older than 22.5 months (if these are not produced then details of business income and expenditure must be clearly evident in your Individual Tax Return in the supplementary income self-employed worksheet).

If you are a Partnership:

• Partnership Tax Return, Profit & Loss statement and Balance Sheet no older than 22.5 months (if these are not produced then details of business income and expenditure must be clearly evident in your Individual Tax Return in the supplementary income self-employed worksheet).

If you are a Company:

• Company Tax Return, Profit & Loss statement and Balance Sheet no older than 22.5 months. 

Where your Individual Tax Return is self-prepared, a corresponding ATO Notice of Assessment must also be provided to be acceptable.

Please provide us with:

Pensioners and government benefits

• A letter or statement (all pages) from Centrelink dated within the last 60 days of your application showing benefits and
• Your most recent bank statement showing consistent and clearly labelled government income credits over a consecutive 3 month period, with your most recent credit made within 30 days of your application (with your name as account owner).

Retirees (superannuation, pension, annuity income)

• A copy of your Annual Investment Statement or
• Your most recent bank statement (with your name as account owner) showing your income credits over a consecutive 3 month period, with your most recent credit made within 30 days of your application.

Please provide us with:

• A statement confirming your overseas pension, dated within 30 days of your application and
• Australian bank statements for 3 consecutive months of pension deposits or consistent and clearly labelled government income credits (with your name as account owner) with the most recent deposit being made within 30 days of your personal loan application or
• Australian bank statements for 3 months of pension deposits or consistent and clearly labelled government income credits with description confirming the name of the country's pension office (with your name as account owner) with the most recent deposit being made within 30 days of your personal loan application.

Please provide us with:

Rental income:

• A copy of the signed existing lease from a real estate agency to confirm income (private lease agreements are not acceptable) or
• Evidence of rental income verified via a Rental Statement, dated within 60 days of your application or
• Your most recent bank statement(s) showing 3 months of continuous rental credits or
• Your personal Tax Return and ATO Notice of Assessment (no older than 22.5 months) confirming rental income amounts.
• Rental statements for the last 12 months dated within 60 days if the rental income is related to short term stays.

Interest income (confirming both income and balance):

• Deposit Certificate OR Account Summary (either must be no older than 60 days) and
• Individual Tax Return and ATO Notice of Assessment (no older than 22.5 months) if the abovementioned documents do not include both income and balance.

Dividend income (confirming both income and balance):

• Statement of Shareholdings or Account Summary (either must be no older than 60 days) and
• Dividend Summary or Individual Tax Return and ATO Notice of Assessment (no older than 22.5 months) if the abovementioned documents do not include both income and balance.

Please provide us with:

• Statements for the last 3 months for the non ANZ debt(s) that you would like to consolidate.

Internet banking statements are acceptable for debt consolidation applications and refinance applications when account number, account name, bank name/logo and transaction history are clearly visible.

Please provide us with:

If you have highlighted a change in your future financial circumstances and selected savings as how you intend to meet the personal loan repayments during the period of significant change:

• Bank statement confirming the savings amount and showing your name 

Or

If you have highlighted a change in your future financial circumstances and selected sale of asset as how you intend to meet the personal loan repayments during the period of significant change:

• A Deposit Certificate (OR)
• A Portfolio Statement (OR)
• Shareholders Statement

If the asset being sold is not shares, please provide any document confirming your ownership of the asset.

This temporary/provisional visa category is eligible, provided the visa has at least 12 months remaining and your selected loan term does not exceed the remaining term on your visa.

This includes all temporary visa subclasses that allow an individual to work in Australia (Working Holiday visas are not acceptable).

To confirm your visa eligibility and status, we may ask you to supply:

• A current copy of your employment contract (if applicable)
• A copy of the photo page of your passport
• A copy of the Australian visa page OR confirmation of your electronic visa from the Department of Home Affairs
• Proof of minimum AUD50,000 income per annum (Australian income only)

This temporary/provisional visa category is eligible, provided the visa has at least 12 months remaining and your selected loan term does not exceed the remaining term on your visa.

This includes all temporary/provisional business visa subclasses that allow business people to establish or manage a new or existing business or invest in Australia.

To confirm your visa eligibility and status, we may ask you to supply:

• A current copy of your employment contract (if applicable)
• A copy of the photo page of your passport
• A copy of the Australian visa page OR confirmation of your electronic visa from the Department of Home Affairs
• Proof of minimum AUD50,000 income per annum (Australian income only)

To be eligible for the $150 Loan Approval Fee waiver and $250 cashback offer, a customer must:

(a) Apply for a new ANZ Personal Loan , or apply for an increase to their current ANZ Personal Loan.

(b) Apply between October 16 2024 and 31 January 2025.

(c) Draw down funds.

If a customer closes their ANZ Personal Loan account or nominated transaction account before the cashback payment is paid, they will be ineligible for the $250 cashback.

Customers can apply in branch, over the phone or online. For joint applications, customers must apply in branch.

The cashback amount will be paid into the transaction account in which the loan funds are disbursed within 120 days from the date of draw down.

If we do not have details for an appropriate account, the customer will be contacted via an outbound call.

If you’ve already submitted your application and would like to track the progress, you'll need your application reference number from your loan application confirmation email from us.

Track my application  

ANZ Fixed Rate Personal Loans and ANZ Variable Rate Personal Loans are unsecured. This means you do not have to use an asset like your car or home as security to get a loan.

If you have an ANZ Variable Rate Personal Loan, you can pay off your loan early by making early or extra repayments without additional costs. This could help you to save on the interest you pay over the life of the loan. 

With an ANZ Fixed Rate Personal Loan, early repayment fees and charges, which may be significant, may apply if you make early or additional repayments or repay your loan early. Refer to Early Repayment Charges (PDF) and  ANZ Consumer Lending Terms and Conditions booklet (PDF).

ANZ Fixed Rate Personal Loan

An ANZ Fixed Rate Personal Loan gives you the certainty of fixed repayments for the term of your loan. This means if interest rates increase your repayments stay the same.

However, if you're looking to pay off your loan early, make extra repayments or increase your loan amount, early repayment fees and charges may apply. See Early Repayment Charges (PDF) and ANZ Consumer Lending Terms and Conditions booklet (PDF) for further information. You also do not have access to any early repayments made to the loan.

ANZ Variable Rate Personal Loan

With an ANZ Variable Rate Personal Loan, your interest rate may increase or decrease during the loan term, and so may your repayments. You can make early or extra repayments to pay off the loan faster (and save on interest charges), and redraw any extra money you’ve paid on your loan, without additional costs.

Interest is calculated on the unpaid daily balance of your loan and is charged to the loan on a fortnightly or monthly basis (depending on which product you have). The interest rate applied each day is equal to your annual interest rate, divided by 365.

It's important to note that the interest charged to your loan may be different each month for ANZ Fixed Rate and Variable Rate Personal Loans, as it depends on a variety of factors, such as the number of days in that month, the applicable annual interest rate and the unpaid balance of your loan. For the full details about how interest is calculated refer to our Consumer Lending terms and conditions brochure (PDF).

Different agencies can hold different information, you may have a credit report with more than one agency.

ANZ uses the credit score provided by Equifax to determine your applicable interest rate. We recommend that you access your credit report or credit score from Equifax or getcreditscore.com.au for a more accurate estimate.

A range of interest rates apply to ANZ Personal Loans. The interest rate range shown sets out the minimum and maximum interest rate that may be applicable.

We tailor your interest rate based on our assessment of your credit score. Where you have demonstrated good credit-based behaviour, such as not opening too many credit products or making repayments on time for your other credit products, this will be reflected in your credit score and you may be offered a rate in the lower end of our range. Where your credit history isn’t as long, or as good, or you have made many credit applications in a short period of time, this may negatively impact your credit score and you’ll likely be offered a rate at the higher end of our range.

We'll confirm your interest rate in a letter of offer, which you can decide whether to accept.

Here are some things to consider when applying for a personal loan.

A comparison rate helps you work out the true cost of a loan. This rate takes other fees and charges into account, like a loan approval fee and loan administration charge in addition to the interest rate. It’s meant to be a fairer way of comparing how much a loan will cost you.

For more information, visit Moneysmart.

Yes, you can apply but your application for an ANZ Personal Loan will be subject to ANZ’s credit assessment criteria.

Your liabilities and other financial commitments, such as an existing personal loan with another lender, will be taken into account when we assess your application for an ANZ Personal Loan.

You'll need to provide information on:

• your income amount and frequency
• your assets
• what existing financial commitments you have with ANZ and other financial institutions, such as personal loans, home loans or credit cards
• your expenses, such as how much you spend on gas, electricity, insurances, food, transport and lifestyle expenses

We ask for this information so that we can verify your financial circumstances and assess your ability to repay an ANZ Personal Loan without substantial hardship. You can explore which ANZ Personal Loan may suit your needs by using our tools and calculators. 

• Calculate how much you could borrow with an ANZ Personal Loan
• Get an estimate of your potential loan repayments for an ANZ Personal Loan
• Compare key features of the different types of ANZ Personal Loans.

If you’re not a permanent Australian resident, you may still be eligible to apply for an ANZ personal loan. You will be required to meet specific visa and income verification requirements. Valid visas include a range of working visas and business visas.  

Working visas

Includes all temporary visa subclasses that allow an individual to work in Australia. This typically includes holders of skilled category visas but can also include some family category visas.

Working holiday visas are not acceptable.

Business visas

Includes all temporary/provisional business visa subclasses that allow business people to establish or manage a new or existing business or invest in Australia. This generally includes holders of business owner, senior executive or investor category visas.

For more details please visit an ANZ branch or call 1800 339 410 to discuss your application. You can also find out what a particular visa entitles the holder to by visiting Department of Home Affairs website.