Are you looking for flexible loans to consolidate debt, renovate your home, or for anything else? Do not worry, you may want to consider this unsecured personal loan from IMB Bank. The loan amount you can start with is up to $ 30,000. What are the requirements you need to meet before applying for IMB Bank personal loans?

IMB Bank personal loans
Consider IMB Bank personal loans to get money up to $60,000

In the previous post, Loansaustralia.net introduces people to some of the necessary information that is useful for getting the People’s Choice Credit Union personal loans to get more information people can read the article Getting People’s Choice Credit Union personal loans is easy. Now, let find knowledge about loans of IMB Bank in the post today.

IMB BANK PERSONAL LOANS

Just like a lot of article posts about the personal loans in Australia, as well as each type of loans such as St.George personal loans, Heritage Bank personal loans, MyState Bank personal loans, RACQ personal loans…. this post about the IMB Bank loans also includes some main parts. They are:

1. Some requirements to apply for IMB Bank loans

Getting a personal loan in IMB is very easy. First of all, customers need to meet some following eligibility criteria:

  • Customers are over the age of 18
  • Customers are a permanent Australian resident or Australian citizen
  • Customers had any legal judgments against you for the recovery of debt and never declared bankruptcy.

Customer needs to have some following on hand to complete the application:

  • The personal and contact details
  • The employment and income information
  • The financial details: the expenses, assets, debts, and liabilities

The process to apply for a personal loan in IMB will take about 15-20 minutes to complete.

Greater Bank personal loans
Consider IMB Bank personal loans to get money up to $60,000

2. Some types of IMB Bank loans

  • New car loan. The loan amount between $2,000 and $75,000 to finance a new car purchase with fixed repayments, a competitive interest rate.
  • Secured personal loan. Customers can borrow for a range of purposes with a loan amount between$2,000 and $60,000 for 1 year to 5 years for a competitive fixed rate.
  • Unsecured personal loan. This loan doesn’t require customers to attach an asset as a guarantee. Customers can borrow between $2,000 and $30,000 with loans term 1 year to 5 years and customers can enjoy no penalty for early payout.
  • IMB Wedding Package. This loan lets customers take advantage of lower fees and convenient access to the funds to help customers plan the special day.

3. The interest rate and fees of IMB Bank loans

The interest rate and fees of Unsecured personal loan IMB
Minimum loan amount $2,000 
Maximum loan amount $30,000 
Personal loan period 1 – 5 years
Repayments Monthly / fortnightly / weekly
Additional Repayments Yes
Interest charges Calculated daily, charged monthly
Fees and charges Application Fee: $250

Interest rate: 5.64% p.a.

Comparison rate: 5.99% p.a.

Loan Repayment Insurance available Yes
Ongoing Account Keeping Fee $0 
Minimum Eligibility To be eligible for an IMB personal loan you must be over 18 years of age; have a good credit history and have a monthly income.

Example:

  • Customers get $30,000
  • Loan term 5-year
  • The application fee: $250  application fee.
  • The interest rate is 5.64% p.a. (5.99% p.a. comparison rate)
  • The total amount payable is $31,942 including interest and fees
  • Each month, customers need to pay $887,2777

This post is about loans of IMB Bank. We provide this information to offer you some of the necessary information that is useful for getting loans from IMB Bank. Also if you are looking for information about the personal loans from St.George, please refer to the St.George personal loans link we just provided in the previous article.

Anita (Team Content) – IMB Bank personal loans