Eligibility Requirements
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Must be at least 18 years old
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Minimum annual income of AUD $15,000
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Australian citizen, permanent resident, or valid visa holder
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Single or joint applicant (joint applications only in branch)
ANZ Variable Rate Personal Loan Application Steps
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Check eligibility: Ensure you meet age, income, and residency requirements.
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Apply online or in branch: Submit your details and receive a personalised rate.
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Provide documents: Proof of income, assets, expenses, and ID.
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Approval & offer: If approved, ANZ will send you a Letter of Offer to accept.
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Access funds: Cash deposited to your ANZ everyday account, sometimes the same day.
Frequently Asked Questions
How long does it take to get approved for an ANZ loan?
You can be approved and receive same-day cash if applying in branch before midday.
Is it required to explain why credit is being used?
Yes. ANZ will assess your loan purpose, whether it’s for a car, renovation, or other expenses.
Do I need to have a good credit score to be approved for ANZ?
Yes. A better credit score means a lower personalised rate, while lower scores may push you to the higher end of the range.
Can I apply for a loan if I am self-employed?
Yes. You’ll need to provide recent tax returns or financial records to verify income.