Secured personal loan
Open the door to possibility. Your car could be the key to a lower rate with a secured personal loan.
Low fixed rate
Secured against a motor vehicle less than seven years old.
Pay it off early
Pay extra or payout early with no fees or penalties.
Flexible repayments
Weekly, fortnightly or monthly. You choose.
Redraw instantly
It’s free and easy to access your extra payments, anytime.
As personal as a loan gets
If you have a motor vehicle less than seven years old, you may be able to use it to secure a lower rate with our secured personal loan. And you can get the best of both worlds with our fixed-yet-flexible loans. You can enjoy the security of a fixed rate and repayments, so you know exactly what to expect over the life of your loan. Then you'll have the flexibility to pay extra and save on interest, as well as access the additional repayments anytime you need.
Applying for a secured personal loan is a breeze – apply online for a response in minutes, or chat with our friendly team in Perth to apply over the phone or in-branch.
Feel secure with flexible loan options
- Personal loan secured by a car up to seven years old.
- A loan for almost anything - wedding, jet ski, dental work or debt consolidation, it's up to you. Flexible loan terms between one and seven years.
- Minimum loan amount of $5,000.
- Make extra payments and reduce the interest you pay over your loan term.
- Redraw your extra payments online if you’re ahead.
- Pay your personal loan off early without charges, fees, or penalties.
Rates & fees
Know your interest rate and fees upfront.
Interest rate
| Loan amount | Fixed rate |
Comparison rate* |
|---|---|---|
| $5,000 plus | 8.24% p.a. | 8.90% p.a. |
| Fees & charges | |
|---|---|
| Monthly maintenance fee | $5.00 |
| One-off establishment fee | $199.00 |
| Goods security administration fee | $20.00 |
Other fees & charges that apply to all of our accounts can be found on our fees and charges page.
What will your repayments be?
Find out what your repayments will be, and how much you can you save if you make extra payments to your loan. Because who doesn’t like saving money?
Repayment calculator
More calculators
How to apply for a secured personal loan
We’ve made applying for your personal loan easy as.
Apply online, 24/7
Complete your details, save and submit your application, upload your supporting documents and track your application.
If you’re an existing member you can fast track your application by applying from internet banking. We’ll prefill the information we already have about you.
Apply in person or over the phone
Talk to a lending specialist and apply over the phone by calling our local contact centre on or pop into your nearest branch.
Applying for your personal loan is quicker and easier when you've got the information you need, so be prepared with your:
- Identity documents – primary photo ID either your passport or driver's licence.
- Employment details – contact details of your current, and previous employer if less than 2 years.
- Income details – payslips or, if you're self-employed, tax assessments for the last two years and financial statements.
- Regular expenses – such as food, rent, electricity, telcos, insurance & medical costs.
- Assets – a rundown of any assets that you own (any cars, deposit accounts, home contents, properties, investments).
- Liabilities – the details of any loans, credit cards, pay later or other debts you have.
Got everything? Let’s get your application started.
We’ve made applying for your personal loan easy as.
Apply online, 24/7
Complete your details, save and submit your application, upload your supporting documents and track your application.
If you’re an existing member you can fast track your application by applying from internet banking. We’ll prefill the information we already have about you.
Apply in person or over the phone
Talk to a lending specialist and apply over the phone by calling our local contact centre on or pop into your nearest branch.
Applying for your personal loan is quicker and easier when you've got the information you need, so be prepared with your:
- Identity documents – primary photo ID either your passport or driver's licence.
- Employment details – contact details of your current, and previous employer if less than 2 years.
- Income details – payslips or, if you're self-employed, tax assessments for the last two years and financial statements.
- Regular expenses – such as food, rent, electricity, telcos, insurance & medical costs.
- Assets – a rundown of any assets that you own (any cars, deposit accounts, home contents, properties, investments).
- Liabilities – the details of any loans, credit cards, pay later or other debts you have.
Got everything? Let’s get your application started.
We're here to help
Whether you’re ready to apply for a personal loan or still have some questions you’d like answered, we’ve got you covered!
Apply for a personal loan
You can quickly and easily apply for a personal loan online. But if you’d rather apply in person, that's fine too. Pop into one of our branches and we’ll be happy to help!
Request a callback
Are you after more information? One of our experienced personal lending specialists will get in touch with you to answer all your personal loan questions.
Your secured personal loan questions answered
Important information
Banking and Credit products issued by Police & Nurses Limited (P&N Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply.
Please consider the terms and conditions and whether a product is right for you.
- View terms and conditions
- View fees and charges
- View credit guide
- View Target Market Determinations (TMDs)
*Comparison rate calculated on a loan amount of $30,000 over a term of 5 years based on monthly repayments. Rates quoted may vary depending on loan purpose and security offered.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.