As the longest standing building society in New South Wales, IMB not only has a competitive range of personal loans to offer its members, but also a wealth of financial experience. IMB is run to benefit members and offer what it calls "Better Value Banking", providing fully-featured banking products through their online banking facilities, branch network and mobile lending team.
New car loan. With this loan you’re able to borrow between $2,000 and $125,000 to finance a new car purchase. The IMB car loan offers fixed repayments, a competitive interest rate plus the ability to make additional repayments.
Secured personal loan. This loan option from IMB lets you put up a new or used vehicle as a guarantee to borrow for a range of purposes. You can borrow between $2,000 and $75,000 for 1 year to 7 years for a competitive fixed rate.
Unsecured personal loan. This unsecured loan can be used for any purpose and doesn’t require you to attach an asset as a guarantee. You can borrow between $2,000 and $50,000 for 1 year to 7 years, plus you can enjoy no penalty for early payout.
IMB Wedding Package. This is an innovative offering from IMB that lets you package a secured or unsecured personal loan, an Everyday Unlimited Account and a Reward Saver Account. This package lets you take advantage of lower fees and convenient access to your funds to help you plan your special day.
Features of an IMB personal loan
IMB personal loans come with a range of benefits that make them competitive products to consider. Here are some of the features you can expect when you apply:
Can finance a range of purposes. IMB personal loans can be used to finance a range of purposes, including vehicle purchases, holidays, home improvements, and even weddings.
Flexible loan amounts. The range of loans available offer amounts of between $2,000 and $125,000, giving you financing options.
Additional repayments. You won’t be charged for making early repayments for any of IMB’s personal loans, which can help you save on interest charges should you find yourself able to make them.
Insurance options. You’re able to add loan repayment insurance onto your IMB personal loan so you are protected should you find yourself unable to make repayments. This is an optional extra on all of IMB personal loan products.
Other products offered by IMB
Apart from personal loans, IMB also offers a range of personal and business financial products and services.
Home loans. IMB offer variable and fixed rate home loans for first-home buyers, investors, refinancers or even those looking to renovate their property. There are a range of home loan products available for a range of budgets and purposes, from low-cost and essentials products to fully-featured loans.
Bank accounts. Whether you’re a student, pensioner, a parent looking to open an account for your child, or you just want an everyday banking account, IMB can offer you an account for your needs. They offer tailored banking account products that give you easy access to your money through internet and phone banking.
Savings and investment products. You can choose from a Reward Saver Account, a Cash Management Account, an IMB Term Deposit, a DIY Super Account or the innovative Christmas Club Account that can help you save for your Christmas-spending money.
Credit and debit cards. IMB provides two credit cards: the IMB Low Rate MasterCard and the IMB Platinum MasterCard, so you’re able to choose one that better suits your spending patterns and finances. You can also choose to shop with your own money using an IMB Visa Debit Card.
Foreign cash and travel money. IMB offer a foreign exchange service to help you facilitate the exchange of currency, as well as a Multi-Currency Cash Passport to use when you travel.
Insurance products. You can choose to take out a range of covers with IMB, including Home & Contents Insurance, Motor Vehicle Insurance, Credit Protection, Travel Insurance, Landlords Insurance and caravan Insurance.
Financial planning. IMB also offer financial planning services for those at a range of life stages and who are on any kind of budget. They provide tailored planning to those preparing to retire or who have already retired, those just starting out with their finances, for women who want to plan their financial futures, or those who just want help managing their finances.
How you can apply for an IMB personal loan
Applying for an IMB personal loan is simple. You can use the comparison table on this page to find the loan you want to apply for, then click the "Go to site" button to be directed through to IMB’s online application form. However, the first step is making sure you meet the following eligibility criteria:
Over the age of 18
An Australian citizen or permanent Australian resident
Never declared bankruptcy or had any legal judgements against you for the recovery of debt
You'll also need the following on hand to complete your application:
Personal and contact details
Employment and income information
Financial details including your expenses, assets, debts and liabilities
IMB’s application process will generally take between 15-20 minutes to complete. Make sure you compare your options thoroughly before applying to ensure IMB is the right personal loan provider for you.
OurMoneyMarket offers personal loan solutions for whatever your need. Whether you want to buy a new car, pay for your wedding or renovate your home, you can choose between secured and unsecured loan options.
Find out more about Pepper Money's no fee personal loan and benefit from a competitive rate from 6.95% p.a., zero fees and loan terms of up to 7 years.
If you are looking for a credit card that gives access to a limited balance transfer offer, Visa and dining benefits, look no further than the Citi Ready Credit.
Find a low interest loan by comparing your options with Finder. See interest rates, fees, and features for loans across Australia, plus guides to help you get the best deal.
If you're sick of paying too much interest, find out how you can save money when you refinance your personal loan. There is a range of options available and you might get out of debt sooner.
I am self employed but don’t have my financials completed as yet but my accountant has interim figures and has provided a letter stating my income. Is this sufficient proof of income for a PL?
Finder
ShirleyAugust 18, 2014Finder
Hi Mark,
Thanks for your question.
This may not be enough documentation; most lenders need a copy of your tax returns as well. If you have any questions about this, please speak directly to IMB.
All the best,
Shirley
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
I am self employed but don’t have my financials completed as yet but my accountant has interim figures and has provided a letter stating my income. Is this sufficient proof of income for a PL?
Hi Mark,
Thanks for your question.
This may not be enough documentation; most lenders need a copy of your tax returns as well. If you have any questions about this, please speak directly to IMB.
All the best,
Shirley