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National Australia Bank (NAB) can offer you many different products from personal savings plans to home loans or vehicle finance all under one roof.
They are there to help you build your financial portfolio with investment products, personal loans whether for housing, a car, or an overseas trip – whatever you need, NAB is bound to be able to structure a personal package for you.
Not only does NAB offer monetary services, but they are also very involved in customer support - being there to provide help and assistance when a customer is unable to keep up with loan repayments, for example. A special deal can be structured for them to help them get over this crisis.
Being a big business player, it is important for this bank to also contribute to social projects and events and to assist their customers as much as possible.
One way this is achieved is by providing surveys and questionnaires to find out areas in which they can improve their services. The bank contributes to a programme called Mindtribes – helping people in managing cross-cultural relationships and coaching new skills.
What NAB can offer you
NAB offers two types of loans, each with different interest rates:
- Home loans
- Personal loans which can be a loan for an overseas trip, a University Course, or even to renovate or redecorate your home
The award-winning personal loan offers a variable interest rate or a fixed interest rate which can be easily explained at the enquiries counter. Obviously the greater the loan, the greater the interest.
Personal loan/vehicle finance
A personal loan can be used to buy a used or brand new car. This is an expensive undertaking but it can be structured to suit what is personally required.
The loan can be paid off in lump sums. Payment dates can be organised to suit weekly or fortnightly salary dates, and the loan can be paid off early without any fees being charged.
A vehicle finance loan can be any amount from $1,000 to $55 000, and the flexible repayment time can be stretched up to 7 years if required.
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In a Nutshell
- Average processing time 72 hours
- Online application
- In-store application
- Secured loan option
Whatever you need, NAB is bound to be able to structure a personal package for you
You can go into a branch and apply with the assistance of an experienced agent.
Existing customers may get approval if they bring the forms in by 2 pm on the same day, or within 2 hours. Documents can also be submitted online after the completion of an online loan application.
NAB gives conditional approval for a car loan for up to 3 months. This saves time and money and makes the process easier for the customer.
This is what is needed in the branch when applying for a vehicle finance loan:
- Husband, wife or partner if the loan is to be shared
- The most recent pay slip confirming the salary that is being earned
- Authentic Financial Statements & Income Tax Return for those who work alone
- For debt consolidation, store or credit card accounts will be needed
A vehicle finance loan is for people who have Australian citizenship or residence and who are eighteen or older. A weekly or monthly income is needed, and the repayments have to be affordable. Having a good credit rating is also required.
Visit their website for tips on how to save money and how to calculate your loan repayments. There is also a section on how to budget and some blogs giving saving tips and other useful information.
The rewards benefits
When you get your Nab app you will see that there is a part that is called rewards where you can be rewarded if you are a good saver. There is no monthly cost for this account nor are there any monthly costs. The only thing you have to do is download the app to your phone and start earning rewards. The bonus benefits are that you get a higher interest rate if you are good at saving your cash. There is a quick withdraw so you can withdraw your cash when you need it. There will be bonus interest so that your rates will increase. If you just use your account as normal your interest rate will be 0.5 % where if you deposit cash into your account and do not use it and choose to save you will be adding on an amount of 1.80% basically all the money that is left in your account will be times by the 2.30% to give you the extra amount which will be added to your savings.
We have your best interest at heart
If you have any questions that you would like answered you can come into our branch which you can find in the branch locator or you can contact us and one of our dedicated brokers will chat to you about your queries.
Eligibility & Requirements
- Stable address history
- Employed full-time
- Earning a stable income
- Credit check
- Good credit history
- Valid identity document
- Utility bill or other (proof of address)
- Bank statements or payslips (proof of income)
- Personal reference
Other Products & Services
Customer Reviews & Testimonials
With the Nab, I am saving more every month and have a goal insight thank you to Nab we can earn when we save.
— Perth —
The bonus of Nab getting your car loan and your car insurance from the same company. The best part is one payment for my car and insurance gives me peace of mind.
— Brisbane —
- 13 22 65
- 17 Gouger St Adelaide, Adelaide, SA, 5000, Australia
- Monday 09:30 – 16:00
- Tuesday 09:30 – 16:00
- Wednesday 09:30 – 16:00
- Thursday 09:30 – 16:00
- Friday 09:30 – 16:00
- Saturday Closed –
- Sunday Closed –