---
title: "Personal Loan — Defence Bank"
description: "Personal Loans from Defence Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/defence-bank/products/375
source: "CDR Compare"
language: en-AU
last_updated: 2026-04-21T00:00:00.000+10:00
---

# Personal Loan — Defence Bank

> Personal Loans from Defence Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Personal Loans · Defence Bank Limited**

Saw it, wanted it, got it - we’ll help you get there with a Defence Bank personal loan.

## At a glance

- **From:** 9.09% (10.06% comparison)

## Apply

Applications are handled by the provider: [Apply at Defence Bank](https://secure.defencebank.com.au/internetlending/public/start.aspx)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Choose a loan term from one to seven years) | 9.09% | 10.06% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Arrears reminder notice fee (per letter) — Payable each time we send you a reminder notice relating to arrears on a loan | Event | $20.00 |
| Loan Variation Fee — Payable when the loan conditions are varied at the request of the loan holder | Event | $50.00 |
| Processing Fee (Security) — Payable on registration of loan security | Event | $50.00 |
| Registration Fee (Security) — Payable on registration of loan security | Event | $6.00 |
| Personal Loan Service Fee — Charged monthly · This fee is charged on the last day of each month during the loan term. | Ongoing | $10.00 |
| Default notice (enforcement notice) — Payable each time we send you a reminder notice relating to a default on a loan | Event | $20.00 |

## Features

- **Quick approval process.**
- **Choice of 1-7 years.** — Term
- **Repayments Weekly, fortnightly, monthly.** — Repayment frequency
- **No exit fee.**
- **No early repayment fee.** — Early repayments.
- **Unlimited transactions** — Additional repayments. (Can make extra repayments.)
- **Redraw facility** (Free redraw.)
- **Digital banking** (Quick and easy online application.)
- **Digital banking** (Redraw facility available online)

## Eligibility

- **Residency status** (Australian residents only.)
- **Minimum age** (18)
- **Individuals only** (Not available for non personal borrowers.)
- **Individuals must have capacity.**
- **Motor Vehicle/Motor Cycle.** — Security.
- **New/Used.** — Purpose.

## Constraints

- **Minimum limit** — $1,000.00

## More information from Defence Bank

- [Overview](https://www.defencebank.com.au/banking/personal-and-car-loans/)
- [Terms & conditions](https://www.defencebank.com.au/banking/personal-and-car-loans/personal-loan/)
- [Eligibility](https://www.defencebank.com.au/banking/personal-and-car-loans/personal-loan/)
- [Fees & pricing](https://www.defencebank.com.au/banking/personal-and-car-loans/personal-loan/)

## Data provenance

- Published by Defence Bank under the Consumer Data Right
- Product ID: `375`
- Last updated by the provider: 20 April 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/defence-bank/375
- Provider page: https://www.cdrcompare.au/brands/defence-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000117

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/defence-bank/products/375) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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