Police Bank
Police Student Personal Loan
Police Bank · pers loans
Provider last updated this product 2026-09-06.
This product is for Academy students who are re at the Tasmania Rokeby Academy, or at session 2 of the NSW Goulburn Academy, or have graduated from either Academy within the last 6 months and who are looking to obtain funds for the purchase of a new or used car, household goods, debt consolidation or education expenses.
As published by the lender
- Vehicles - New or used vehicles
- Headline rates - from 6.99% to 7.99%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 6.99% | 6.30% | OTHER | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| Student Car Loan. Fixed Rate Terms: 1-7 Years. L9-C17 | |||||||
| FIXED | 7.99% | 7.20% | OTHER | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| Student Fixed Loan. Fixed Rate Terms: 1-7 Years. L9-C17 | |||||||
| VARIABLE | 7.99% | 7.20% | OTHER | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Student Variable Loan. Variable Rate Terms: 1-7 Years. L9-C18 | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Additional Statement Fee | EVENT | $5 | $5 for Archive Retrieval and $1.50 per page. Payable when you request an additional statement. |
| Arrears Letter Fee | EVENT | $6.50 | Payable when we send you an arrears letter asking you to remedy an arrears under a loan contract. |
| Default Notice Fee | EVENT | $21.50 | Payable when we send you a default notice under a loan contract when an arrears remains unremedied after we have sent you an arrears letter. |
| Late Payment Fee | EVENT | $10 | Charged where the whole or any part of your loan repayment remains unpaid after 14 days past the due date. Applies to all Police Bank loans and continuing credit accounts. |
| PPSR | UPFRONT | $0 | At Cost. Certain loans will require us to use the services of PPSR. If we do so, the following may be payable: • PPSR Registration Fee • PPSR Financier Interest Enquiry • PPSR Variation of Interest |
| Overdrawn Account Fee | EVENT | $15 | Payable when you exceed your credit limit by $75 or more within a calendar month. Interest will also be charged on any amount overdrawn in excess of the approved credit limit at the then current annual percentage rate |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-09-08 | 2026-09-30 (current) | 6.99% | 6.30% |
Published figures as captured daily since 2026-09-08. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Reduced Fees Program. Your Police Bank Personal Loan may contribute to our Reduced Fees Program, helping to reduce (or eliminate) fees – save on ATM and EFTPOS transactions (as well as qualify for fee rebates), personal cheques and external electronic periodical payments.
- Unlimited free additional repayments
- No Monthly Account Keeping Fees
- Confirmation Of Payee
Who can apply
- residency status - Be living in Australia as an Australian citizen, permanent resident, or New Zealand citizen who holds a Special Category Visa (SCV)
- otherStudents at Tasmania Rokeby Academy, or at session 2 of the NSW Goulburn Academy, or have graduated from either Academy within the last 6 months
- min age - 18
Limits
- min limit - 5000.00
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: 2026-09-06T23:59:49.795Z · Product ID: cf8859b1-ae1e-4c09-be6b-40d9a205092d