Rating based on 15 reviews

ASB Bank

  • Personal loans up to $40,000
  • Low-interest starting from 12.90%
  • Repayment up to 7 years

In-page navigation

ASB Bank homepage
Author ASB Bank. Screenshot of ASB Bank website.
[Accessed April 17, 2018]

ASB Bank - flexible personal loans

The Auckland Savings Bank was founded in 1847, we offer widespread personal loans and you may use this loan for almost any purpose, perhaps you would like to go and travel or maybe you need funding for your education.

Through attractive starting rates and loan terms of up to 7 years, ASB personal loan could be an excellent choice to finance home renovations.

Are you thinking of applying for a personal loan?

It’s a good plan to understand a touch more about our application process if you are thinking of applying for a personal loan with ASB. Perhaps you need a new car, or you want to apply for a credit card or personal overdraft for the first time.

  • Personal loans from ASB - We offer a wide range of personal lending products that include:
  • Secured personal loans -Take advantage of a lower interest rate if you decide on a secured personal loan. A secured loan obliges you to pledge an asset as security which allows the bank to use in order to recover an unpaid loan. Security registration fee carries a one-time $25 and are also available from $20,000 and up.

Unsecured personal loans

We are able to approve your unsecured quick cash loans in as little as 24 hours. You are able to borrow $2 000 and more plus you have a choice of making repayments between six months up to seven years but this is subjected to ASB lending criteria, use this loan for almost anything you wish to purchase.

ASB Bank Services

We supply prime options that embody zero penalties should you decide to settle your personal loan earlier than agreed.

We also offer attractive interest rates as well as shorter terms which makes it possible for you to borrow as little as $2 000 plus you are able to settle the short-term loan within 6 months with no penalties for early repayment.

Car loans

Should you be looking to purchase a new or used vehicle ASB can assist and our offer on loan terms are up to 7 years.

Car loans take up to 24 hours to be approved, you are also able to make extra repayments at any chosen time and you won’t be charged any extra fees

This is handy if you perhaps want to sell your vehicle at a later stage.

Debt consolidation

Depending on your credit profile you could reduce the overall amount of interest you pay by consolidating your debts into one single loan.

Features of an ASB personal loan

Our personal loans offer all the essential features in the likes of flexibility on early repayments as well as flexibility on repayment periods.

ASB Bank – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 12.90%
  • Loan Amount up to $40,000
  • Repayment 6 months to 7 years

Benefits of ASB Bank

  • Fixed interest rates
  • No fees for extra payment
  • Flexible repayment terms

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

ASB Bank - Unsecured loans up to $20 000

Should you have a secured personal loan, charges are charged at a lower rate against your assets such as your motor vehicle or motorbike. We offer up to $20 000 and more on our secured personal loans.

Loan top-ups

Subjected to our lending criteria you could top up an existing ASB loan by applying online with our FastNet Classic Internet Banking because a Top-Up allows you to borrow a further amount and you don’t need to apply for another loan

Fast approval and payout

ASB instant cash loans can be approved within 24 hours and we will attempt to deposit your funds within 48 hours. However, this will depend on your timely return of required documentation.

Some eligibility criteria we may consider

It’s good to ensure that you are prepared and have the correct documents, as this helps make your online loan application process easier. Our identification requirements differ depending on whether you have an account with us or not.

Please be advised that you do need to be 18 years or older and you need to be a New Zealand citizen or permanent resident. You can go online to check what our requirements are and what you will need to supply.

Should you already be a customer with ASB, we will consider that fact that you’ve complied with our T&C’s to which you previously agreed and that you are operating your account to our satisfaction. Overspending on your account may impact your eligibility for a personal loan, personal overdraft or credit card.

To ensure that ASB is a responsible lender, it will be necessary for us to check your affordability on your loan repayments, note that this will be after all other obligations are met. As part of your application, we’ll look at things like; if you have ever purchased anything on HP (Hire Purchase) if you’ve had a credit card or store card because this will show what sort of credit rating you have.

Credit reports will give us an indication of what you have borrowed in the past and whether you have met you repayment agreement/arrangement. A credit report will include the history of past loans, rented equipment and credit cards.

You are able to check your own credit history, make sure your details are up to date and you are able to sort out any outstanding or on-going issues. A good credit record is vital since it assists to prove that you’re financially in control and able to manage your repayments.

Customer Reviews & Testimonials

I applied for a personal loan and they got back to me with a decision in just a couple of hours. That was exactly what I needed because I needed the money to buy some new furniture.

Jo B.
— Hastings —

I had a lot of flexibility with repaying my personal loan. I really liked that.

Collin B
— Nelson —

ASB’s interest rates are very reasonable. I took out a personal loan with them and saved some money.

Jamie F.
— Upper Hutt —

ASB Bank Contact

Contact Number


  • not available


Physical Address

  • 300 Queen Street Auckland Central Auckland Region 1010 New Zealand
  • Get Directions

Postal Address

  • PO Box 35, Shortland Street, Auckland, 1140, New Zealand

Opening Hours

  • Monday 09:00 – 16:30
  • Tuesday 09:00 – 16:30
  • Wednesday 09:00 – 16:30
  • Thursday 09:00 – 16:30
  • Friday 09:00 – 16:30
  • Saturday Closed –
  • Sunday Closed –