ANZ - ANZ Graduate Loan

If you've recently graduated from a minimum one year course of study, we'd like to help you make a smooth transition from student life to working life.

For example, if you're thinking of buying some of the "necessities" of life and need a financial helping hand, an ANZ Graduate Loan could be just what you're after. Graduate loans are available to customers with an ANZ Graduate Package.

ANZ Graduate Package

How it works

You can apply to borrow up to $10,000 for up to five years and, as a bonus, you'll pay a great low graduate loan interest rate for the first two years. For the remaining three years you'll pay the prevailing standard personal loan rate.

Product information

Eligibility criteria

Manage your loan online

Loan purpose

Ideal if you have recently graduated from a tertiary institution and want a simple loan to help set yourself up for your working life.

Interest rate

View ANZ Graduate Loan interest rate*

Fees

Loan approval fee (new applications) $250
Top-up fee (additional lending on existing loans) $150

Loan amount

You can apply to borrow any amount from $1,000 to $10,000.

Flexible loan term

Structure your loan to suit your needs, with repayment terms ranging from one to five years.

Repayment frequency

Choose weekly, fortnightly or monthly payments to suit your budget.

Extra repayments

You can make extra loan payments any time at no extra cost.

Early repayment

If you'd like to pay off your loan in full, visit any ANZ branch or phone us - we'll be happy to help.**

Loan protection insurance

Loan protection insurance gives you the reassurance of knowing that your minimum loan repayments will be covered if you:

are made redundant
are declared bankrupt
are unable to work because of disability
die (a maximum of $50,000 paid).

For help working out the premium and loan repayments for your loan protection insurance:

Calculator icon ANZ Personal Loan Repayment Calculator

Access

You can manage your loan via:

You can view your loan balance via:

ANZ Mobile Phone Banking

* Interest rates are subject to change.

** Note you may have to pay an early repayment fee.

To apply for an ANZ Graduate Loan you must be:

an ANZ Graduate Package customer
18 years or older
a permanent New Zealand resident.

If you don't meet any of these criteria, or have other income (eg rent, dividends), please contact us to discuss your particular requirements.

Application criteria

If you are employed and your wages/salary have been deposited into an ANZ bank account in the last three months, we'll verify your income from your account information.

If not, we'll need to see one of the following:

one payslip, dated within the last four weeks, showing year-to-date figures
one payslip, dated within the last four weeks, showing your annual base income
a letter from your employer on their letterhead, dated within the last four weeks, confirming your annual income and employment type (eg full or part time)
if you're self-employed, copies of your last two years' balance sheets/annual accounts and profit and loss statements and copies of your personal tax return.

View loan details

Select your loan account in ANZ Internet Banking and you'll be able to see: