Rating based on 14 reviews


  • Home loans up to $30,000
  • Low-interest up to 17.85%
  • Repayment up to 5 years

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Author BNZ. Screenshot of BNZ website.
[Accessed April 17, 2018]

BNZ - Effective home loan solutions

BNZ (Bank of New Zealand) has and continues to play a key role in New Zealand’s economy at the local and national level.

We provide a variety of finance solutions to advanced businesses, assisting them to grow.

As a result of this, we believe more jobs are created and Kiwis are in a position to sustain and achieve their lifestyle goals and ambitions.

A range of benefits

It’s important to BNZ for customers to achieve their most important aspirations, so we assist in making their dreams come true so we are willing to assist in this regard because we care.

We have a distinct workforce and this allows us to provide to the needs of our consumers with everything from savings to home loans.

BNZ supports the community via a range of advantages.

We proudly donate to the sustainable growth of the country

BNZ Services

BNZ offers home loans so that you can buy your dream home we also offer investment and retirements schemes intended to provide for your future.

If you are a first time home buyer and you need more space, maybe you’re a property investor or just on the move, we can assist custom build a home loan that is well suited to your needs.

A rapid save account

Depending on how much you intend to borrow for your home loan will depend entirely up to the amount of deposit you have. Our home loan is based on your affordability, so a good place to start would be working out how much you need to save on your deposit also work out what sort of repayment you can afford. Note that the deposit is generally a percentage of the home loan amount.

A Rapid Save account offers high interest, so if you have a one you could possibly reach your goal sooner. Move some of your interest earned into a low-risk investment, as in a term deposit, that could maybe earn even more interest which is a great help, every penny counts right.

BNZ – Home loan

  • Loan Type Home loans
  • Interest Rate 17.85%
  • Loan Amount up to $30,000
  • Repayment 6 months to 5 years

Benefits of BNZ

  • Flexible interest rates
  • Save money with early settlement
  • Flexible loan options

BNZ - Flexible repayment terms

You could possibly withdraw your saving if you’re a member of KiwiSaver, it may help you build or buy your first home, plus you could be eligible for a grant that Housing New Zealand offers.

There are times that parents of a family member could perhaps help you to buy your first home if they are prepared to give some money towards your deposit or sign surety for your loan.

Personal loans

BNZ offer more than just home loans, you could apply for a personal loan to start a project or perhaps you want to arrange a major event such a wedding or you need to pay for an emergency bill, it doesn’t matter how big or small the personal loan amount is or what you want to spend it on, we are here to give you the assistance you need.

Our personal loan may also be used if you decide to that you need a debt consolidation so that you only have one loan repayment. Our loans generally permit you to borrow between $1 000 and $30 000.

Select your own repayment plan

Note that if you decide you want a longer-term personal loan, will mean that your repayments are of a lesser amount and you’ll be paying more interest and if you apply for a short term loan you could possibly save on the interest in the long run

We are quite flexible on our repayment structure. We can tailor your repayment to suit you and you can pay monthly, weekly or if so preferred every fortnight depending on your income structure.

Make use of our internet banking services so that you are able to manage your loan, you could also fill in a loan application online.

BNZ does offer bad credit loans, they are quick a quick approach so you are able to get cash for whatever you want to use it on, cover a bill, renovate your home, repair your vehicle or just go on a well-deserved vacation, it’s entirely up to you to use the funds as you wish.

Flexible repayment’s terms

Choose a repayment term that suits you and pays off your credit in a consistent month-to-month repayment we typically offer a period from 3 months to 5 years. There will be no extra charges for early settlement or if you want to make any extra installments.

If you are in need of more cash or Top up your loan

Once you have proven that you are responsible by paying regular payments and consistently each month, you can request a top-up loan or drawdown. You can draw down your credit within 21 days after it’s been endorsed. However, the interest could possibly be charged from the very first day of the credit term

To be eligible to apply for a loan online with BNZ, you need to be 18 years and older, you will need to be a permanent resident in New Zealand and have proof of your remuneration being paid directly into your bank account, be in possession of your identification or driver’s license.

Customer Reviews & Testimonials

Highly satisfied with the home loan I received.

Lee-Anne S
— Christchurch —

When you’re buying a house, you want to work with a company like BNZ. They made a stressful situation stress-free and their turnaround time was also very good.

Brody C
— Hastings —

Getting pre-approved on my home loan was very helpful because it enabled me to shop for houses with confidence. That was added peace of mind because I knew exactly what I could afford.

Celeste R
— Gisborne —

BNZ Contact

Physical Address

Postal Address

  • BNZ Private Bag 39806 Wellington Mail Centre, Lower Hutt, 5045, 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 –