If don’t have the cash you need help to make a big purchase or you want to bundle a few smaller debts into one loan, a personal loan could help.
Our standard personal loan interest rates range from to
See all personal loan interest rates.
Borrow from $2,000.
A fixed interest rate and set repayment amounts mean you’ll know exactly how much you have to repay and when.
You can make additional payments at any time to clear your debt faster.
Once your loan is approved you can get the cash as early as the next business day.
Looking for peace of mind? Consolidate your debts into a personal loan now and get our our special fixed rate of *. Available for a limited time only. Minimum new lending amount $10,000.
*A higher rate may apply if you have (or take out) additional lending. Your interest rate may be increased when the interest rates are combined. Credit and lending criteria, terms and conditions, interest and fees including a $240 establishment fee apply. Apply by 30 May 2021. New lending that’s approved must be drawn down by 7 June 2021.
Interest rate for personal loans from $2,000 - $9,999 |
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Interest rate for personal loans from $10,000 |
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Interest rate for personal loans for Kiwibank Home Loan customers |
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Interest rate for personal loans for Graduate Pack customers from $2,000 - $15,000 |
As of 1 February 2021, we no longer offer our Graduate Pack to customers. |
Establishment fee |
$240 for a personal loan; $0 for Graduate Pack customers. |
Late payment fee |
$35 per late payment. |
Payment handling fee |
You can make a loan payment in cash at your local PostShop, you'll be charged $1.50 per payment. |
Interest rates are subject to change.
You have to be at least 18 years old, a New Zealand resident and have a regular, stable income. A credit check will be required as part of the application process.
You can borrow from $2,000 and set up repayments to go out weekly, fortnightly or monthly. If you’d like to set up a direct debit, fill out the personal loans direct debit form (PDF 507.0 KB) and email it to our personal loans team.
If you have a few debts, we can help roll them into a single loan with structured repayment terms. That way, instead of having to manage multiple repayments and interest rates you only have to deal with one.
Payment terms range from six months to seven years, giving you the option of lower repayments over a longer time, or higher repayments over a shorter time.
Apply online and we'll aim to get back to you within 24 hours (excludes Sundays). If you'd rather talk to someone then call us on 0800 549 454.
Our personal loan calculator will give you an idea of what your repayments might be, how long it'll take to pay off the loan and what the total interest might be.
*A higher rate may apply if you have (or take out) additional lending. Your interest rate may be increased when the interest rates are combined. Credit and lending criteria, terms and conditions, interest and fees including a $240 establishment fee apply. Apply by 30 May 2021. New lending that’s approved must be drawn down by 7 June 2021.
Standard terms and conditions
Make sure you read the Personal Loan Terms and Conditions (PDF 144.0 KB) to understand in full how our personal loans work.
Personal loans and car loans are provided by Latitude Financial Services Limited ('Latitude'). Kiwibank receives remuneration for referring these loans to Latitude. Latitude's lending criteria, terms and conditions and fees apply. Where new lending is consolidated with an existing Kiwibank or Latitude provided personal loan, a blended interest rate will apply.
The personal loan calculator should be treated as a guide only. It does not take into account all of your individual circumstances, and is not financial advice.
Personal loan insurance
We no longer offer Kiwibank Repayment Protection Insurance. However, if you're an existing policy holder you can find the relevant information about this policy on our products no longer offered page.