UNITY BANK
Community Support Loan
UNITY BANK · pers loans
Provider last updated this product 2026-07-01.
Go to provider
You'll complete your application on
UNITY BANK's website. Confirm the rate and fees with them
before applying.
Low-cost emergency loan during or following a challenge or hardship in the workplace or community.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 5.60% | 6.65% | UNCONSTRAINED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| LATE_PAYMENT_FEE | EVENT | $15 | A fee charged when you don't make your minimum monthly payment, plus any overdue amount |
| DEFAULT_NOTICE_FEE | EVENT | $50 | A fee charged if you default on your repayments and we issue a default notice |
| PAPER_STATEMENT_FEE | PERIODIC | $2 | A fee charged to cover the cost of producing and sending paper statements |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-17 | 2026-09-30 (current) | 5.60% | 6.65% |
Published figures as captured daily since 2026-07-17. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- 1 to 10 years
- Flexible repayment options weekly, fortnightly or monthly
- You can make extra repayments or repay your loan in full at any time. Extra repayments may enable you to redraw funds, subject to conditions
- Establishment fees waived
- Terms up to 10 years and interest repayments can be deferred up to 3 months (interest is capitalised during any repayment deferral period)
- Deferred loan repayment option available on qualifying existing and new home loans and home loan refinances
Who can apply
- min age - 18Individuals must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older
- employment status - Employed
- residency status - Permanent ResidentYou must be an Australian citizen or permanent resident to apply
- otherApplications for credit are subject to the Bank's eligibility and suitability criteria and normal credit approval process.
- otherRestricted to existing retail members with unexpected expenses arising from either: (1) natural disasters (such as bushfires or floods) or; (2) protected industrial action as defined in the Fair Work Act, 2009, (Cth) (protected industrial action)
Limits
- opening balance - 1000.00
- max balance - 10000.00Maximum $10,000 for existing members, $5,000 for non-members
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-07-01T14:56:59.000+10:00 · Product ID: L15_COMMUNITY_SUPPORT_LOAN