Skip to main content

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 with repayment period 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. 

Apply for a personal loan

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.

Start my personal loan application

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

A secured personal loan means that your loan is guaranteed by an asset, in our case a motor vehicle that is less than seven years old. The loan can be for any purpose.
Securing the loan means that we’ll register an interest on the car at the Personal Property Securities Register (PPSR).
You can read more about this in our Personal Loan Terms and Conditions.

Our personal loans give you the flexibility to make extra repayments, so you can save money on interest and pay off your loan early.
The redraw facility gives you the added freedom to have access to these extra payments if you ever need to through redraw – by transferring money back to your savings or transaction account.

Pretty much. You can get a personal loan for almost any purpose, as long as you need it for personal (not business) reasons. Of course, we offer personal loans for cars, motorbikes, boats and caravans but we can also help if you need finance for a wedding, holiday, home renovations, medical expenses, debt consolidation - the list goes on.
You can apply online, or if you'd like to speak with a lending specialist contact 13 25 77 during business hours, or visit your nearest branch.

No, you don't need to be an existing customer to apply for a loan with P&N Bank. If you’re over 18, a resident of Western Australia and have a regular income, you're eligible to apply for a personal loan.
After your loan is approved, you’ll get to enjoy all the benefits of banking with WA’s largest customer-owned bank.

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.

*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.