Commercial Personal - Principal & Interest
The Commercial Personal loan is available for commercial members.
- From
- 6.95%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Principal & Interest Secured Green Loan | 6.95% | — | Commercial Personal $1,000–$150,000 |
| Variable Principal & Interest Secured rate | 9.99% | — | Commercial Personal $1,000–$150,000 |
| Variable Principal & Interest Unsecured rate | 14.51% | — | Commercial Personal $1,000–$40,000 |
Fees
| Fee | Type | Amount |
|---|---|---|
| COLLECTION_CHARGES At cost. Payable when we request an agent to assist our efforts to address defaults under your contract before we can commence legal action. At Cost. | Other | $0.00 – $9,999,999.00 |
| APPLICATION_FEE This fee is applicable when the loan is funded. | Upfront | $150.00 |
| BUSINESS_LOAN_APPLICATION_FEE For amounts under $35,000 | Upfront | $250.00 |
| BUSINESS_LOAN_APPLICATION_FEE_-_OVER_$35,000,_BUT_UNDER_$300,000 For amount of $35,000, but under $300,000 | Upfront | $650.00 |
| BUSINESS_LOAN_APPLICATION_FEE_-_EQUAL_OR_LARGER_THAN_$300,000 For amounts equal or larger than $300,000 | Upfront | $1,500.00 |
| GUARANTEE_ISSUING_FEE | Upfront | $0.00 – $9,999,999.00 |
| COMMERCIAL_DOCUMENTATION_FEE | Upfront | $0.00 – $9,999,999.00 |
Features
- No ongoing fees
- Make extra repayments
- Choose weekly, fortnightly or monthly repayments
- A competitive variable interest rate
- Redraw facility
- A fee free redraw facility to access additional repayments you've made. Redraw is subject to application and registration.
- Digital banking
- 24/7 access via internet banking and mobile app
- No fee for early repayment
- Ability to make lump sum payments
Eligibility
- You must be a member. Membership is open to citizens of Australia over age of 18 and are current or retired employees or volunteers in Education, Health Care or Emergency Services sectors or are family members of members (i.e. shareholders) of the Bank
- Residency status — Individuals must be citizens of Australia.
- Individuals only
- Minimum age — 18 years
- All applications for credit are subject to responsible lending criteria. Fees and charges apply. You can find our Consumer Lending terms and conditions online or from any of our offices.
Constraints
- Minimum limit — $5,000.00Minimum loan amount is $1,000,
- Maximum limit — $150,000.00Maximum Unsecured loan amount is $40,000. Maximum Secured loan amount is $150,000.
More Information
Published by Australian Mutual Bank LTD under the Consumer Data Right · Last updated 13 July 2026 · Product ID 7b48b15e-4517-11f1-bfeb-325096b39f47 · View on CDR.gov.au · View Source Data (JSON)