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Personal Loans

Holiday, boat or leisure – whatever your pursuit, we have a personal loan to suit

Enjoy low rates from.

7.34% p.a.,1

Comparison rates from.

8.68% p.a.,2


Key Features

Home improvements or that holiday of a lifetime – make it happen with our flexible personal loans.

Competitive interest rates

Enjoy competitive variable rates on your personal loan and borrow between $3k to $25k.

Save if you're a customer

Discount available if you have a Cairns Bank home loan.

Flexible loan features

Weekly, monthly or fortnightly repayments. Choose between a term of 1 to 7 years. Redraw facility available if you need access to your money.

Old-school service

Pop into the branch or give us a call. We're here to help you through the process and get your loan sorted sooner.

Rates & Fees

Enjoy competitive variable rates on your personal loan.

Secured Personal Loans

Loan typePrincipal & InterestComparison Rate
$3,000 to $25,000
7.34% p.a.,18.68% p.a.,2

Unsecured Personal Loans

Loan typePrincipal & InterestComparison Rate
$3,000 to $15,000
11.75% p.a.,312.84% p.a.,4

Most of our banking is free. Where we need to make a charge, we keep these to an absolute minimum.

For more information about our fees and charges click here.

How to apply

Ready to take out that personal loan? When you visit us in branch, we will take you through the loan process from start to finish.
You will need to:

1. Contact our Home Loan Specialist.

2. Provide us with supporting documentation.

Personal loan FAQs

Who is Cairns Bank?

Cairns Bank is the trading name of Cairns Penny Savings & Loans Ltd. We’ve been supporting the Cairns community with their banking needs for over 125 years.

We take pride in our personal approach to banking. Getting to know our customers and delivering simple products and services is what we’re all about.

And as a customer owned bank we make decisions based on our customers’ needs, rather than the needs of shareholders.

A personal loan is where you borrow an amount of money and pay it back in installments over an agreed term. Personal loans are often used for larger purchases such as a boat or any worthwhile purpose.

A secured personal loan is where the loan is secured by some form of collateral. In this case with our secured personal loan you will secure the loan against real estate. The advantage of a secured loan is that we can offer you a better interest rate. If you don’t have any security available, the good news is we also offer unsecured loans.

During your personal loan search, you may notice two interest rates are listed – the interest rate and comparison rate.

The comparison rate, includes other fees associated with the loan, allowing you to see the true cost of the loan. Comparison rates will use a sample loan amount and term, so it is wise to take the time to run the numbers for your specific circumstances.

Here at Cairns Bank, our comparison rates for personal loans are calculated on a loan amount of $30,000 over a term of 5 years with monthly repayments.

Apply for a personal loan today

To find out more or to apply for a personal loan, book an appointment with our friendly team or visit us in branch.