SBS Bank Personal Loan – Loan details

SBS Bank is a customer-owned mutual bank offering personal loans in New Zealand with competitive rates.

Loan amount $1,000 – $50,000
Interest from 12,95 %
Term 12 – 84 months
Approval 1-3 business days

Pros

  • ✓ Customer-owned mutual bank
  • ✓ No early repayment fees
  • ✓ Competitive rates from 12.95% p.a.
  • ✓ Branches in key NZ cities

Cons

  • ✗ Fewer branches than major banks
  • ✗ Maximum $50,000
  • ✗ Not available 24/7 online approval

Requirements

  • ✓ NZ citizen or permanent resident
  • ✓ 18 years or older
  • ✓ Regular verifiable income
  • ✓ Good credit history
  • ✓ Valid NZ ID

Company information

SBS Bank (Southland Building Society)
51 Don Street, Invercargill 9810
https://www.sbsbank.co.nz

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.nz is an independent comparison portal.