Personal Loans

Because life doesn't wait and neither should you. Apply now or contact us to make it yours.

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Why wait? Make it yours sooner

Whether you're buying a car, renovating your home or consolidating debt, our personal loans are here to help you reach your goals.

Choose from secured or unsecured loans with competitive rates and enjoy flexible terms of up to 7 years, no monthly or annual fees and no penalties for early repayments. Whether it’s something practical or something personal, let's make it yours on your own terms.

The interest rate offered to you will be personalised depending on our credit assessment of your financial situation. The interest rate shown above is the minimum interest rate that may be applicable.

Another option to make it yours

Mutual Visa Credit Card

The Mutual Bank’s Visa Credit Card is a convenient credit card that makes shopping easy.

  • No early repayment penalties or restrictions on additional payments
  • Instantly lock your card through The Mutual App
  • Use your card around the world wherever visa is accepted
  • 12.49 % p.a.
    Interest rate
Apply now Learn more

How to Apply

Getting started is easy – and only takes a few minutes.

  • Apply online

    Start your application from home at your own pace. Save your contact information and we'll reach out if you may need support.

  • We’ll review your application

    Once we've received your application, we'll get in touch to let you know the outcome or to ask for further information required.

  • Prefer to speak with a person?

    Enquire now for a call back or visit us in branch and our team will guide you through the process.

Looking for something else?

View and compare our Savings and Investment Accounts

Need more support? We're here to help

  • Speak to a local

    Connect to our Hunter based team in minutes during business hours.

  • Make an enquiry

    Send us your request or feedback anytime using our secure online forms.

  • Explore FAQs

    Looking for a quick answer? Browse our most frequently asked questions.

  • Secure Message

    Securely message our local Contact Centre Team through the Mutual App or Internet Banking.

  • 1 The interest rate offered to you will be personalised depending on our credit assessment of your financial situation. The interest rate shown is the minimum interest rate that may be applicable.
  • 2 Comparison rate is based on a secured loan of $30,000 over 5 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.
  • 3 Interest free period is up to 55 days. This applies to purchases only. There is no interest free period for balance transfers and cash advances. Interest is calculated on these items from the day of the transaction.

We have not considered your objectives, financial situation, or needs. You should consider these things, along with the Product Disclosure Statement and our product Target Market Determinations before making any decision to acquire a product.

All interest rates quoted are fixed for the term of the loan.

All loans are subject to The Mutual Bank's lending guidelines. Full details of Terms and Conditions are available on application. Fees and charges may apply. The annual percentage rate for our Personal Loan Products will vary depending on our credit risk assessment. As a result, the comparison rates quoted will not necessarily be the rate applicable to a Personal Loan we offer.

The Mutual Bank was awarded Outstanding Customer Service – Personal Loans and Outstanding Customer Service – Car Loans in the 2025 WeMoney Financial Services Awards.

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Any advice or information on this site does not take into account your personal objectives, financial situation, or needs and you should consider whether it is appropriate for you. Please review our Product Disclosure Statement, Target Market Determinations, Terms and Conditions, Financial Services Guide, and Credit Guide before deciding to acquire a product.

Eligibility and lending criteria, conditions, fees, and charges apply to all loans. Interest rates, fees, and charges may change without notice. Information is current as at date of appearance and is subject to change. We use reasonable efforts to provide accurate and up to date information. However, mistakes may still occur from time to time, and we cannot guarantee that this website is free from any errors, inaccuracies or omissions. Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian credit license 238139.

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We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which The Mutual Bank operates and where our team members reside.