Our standard personal loan interest rates range from to
Personal loans
If you don’t have the cash you need to make a big purchase or you want to bundle a few smaller debts into one loan, a personal loan could help. This is support when you need it.
Understanding the recent CCCFA changes
Consumer lending laws have recently changed, find out how this may impact you and your application.
Key features & benefits
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Borrow from $2,000.
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A fixed interest rate and set repayment amounts mean you’ll know exactly how much you have to repay and when.
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You can make additional payments at any time to clear your debt faster.
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If your loan is approved you can get the cash as early as the next business day.
Rates & fees
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.
How it works
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Eligibility
You have to be at least 18 years old, a New Zealand resident, have a valid New Zealand ID and have a regular, stable income. A credit check will be required as part of the application process.
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Repayments
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.
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Debt consolidation
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.
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Length of your loan
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 now
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.
Apply online
Apply online and we’ll get back to you within 24 hours in most cases (excludes Sundays). If you need any help with your online application call us on 0800 588 002.
Apply nowBy phone
You can apply over the phone if you're new to Kiwibank or already a Kiwibank customer.
Phone 0800 549 454.
Work out your repayments
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.
Standard terms and conditions
Make sure you read the Personal Loan Terms and Conditions (PDF 242.4 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.