Rating based on 42 reviews

BNZ Personal Loan

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

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BNZ homepage
Author BNZ. Screenshot of BNZ website.
[Accessed March 3, 2023]

About BNZ

BNZ, also known as the Bank of New Zealand, has been helping people and businesses reach their goals since 1861 by providing top-of-the-range personal loans and business loans.

The bank goes beyond just providing loans; they ensure that clients receive options that help them reach their goals while keeping their financial stability. All BNZ consultants are trained professionals and can also provide personal financial management services.

What BNZ promises to provide to all clients

  • To listen and simplify things to make sure that clients make the right decisions to make their money grow.
  • To give fast and effective service and to recommend the best value products and services.
  • To always be honest and straightforward and make sure no damage gets done to their clients’ future.

Get a loan from an award-winning NZ bank

BNZ has received many honorary rewards throughout the years: The united nations have acknowledged them for promoting diversity in the workplace, and they won the award for best small business bank four times. They also provide award-winning products such as YouMoney, MyMoney, TotalMoney, and KiwiSaver schemes.

BNZ Services

BNZ specializes in providing personal loans that are fast and convenient, giving clients a means to pay for that product that seems outside of their financial reach. Whether you need help making large purchases or paying off your debt, BNZ will be able to help.

Flexible and online loan repayments

Many lenders charge you when you want to repay your loan amount early. At BNZ, the repayments are flexible, making it easy for clients to make additional repayments and even pay off the entire loan at once. Clients can now easily manage their loans through online banking, which allows them to view the status of their loans and make payments in an instant.

The online banking system is there for lenders’ convenience, as it eliminates the need for them to visit the bank to make changes to their terms or make repayments. This service is specifically convenient for those with a fast-paced lifestyle and limited time to visit a bank.

BNZ grants top-ups to current clients

Once you have a loan at BNZ, it is easy to top up the current loan for additional funding. Any client whose low rate personal loan runs out can apply for financing by simply completing a new application form. After the top-up loan gets approved, they have 21 days to draw down on their loan.

BNZ – Personal loan

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

Benefits of BNZ

  • Instant loan approvals
  • Fixed repayment terms
  • Repay your loan early without penalty fees

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

BNZ Personal Loan – Easy as 1-2-3

For over 150 years, The Bank of NZ has been helping its clients receive top-of-the-range banking services and award-winning instance and financing.

BNZ is a registered credit provider that believes in responsible lending. They only provide loan offers to clients that march their current financial standing to ensure they can keep up with repayments and still have living costs.

BNZ personal loan uses and terms

Personal loans are the perfect solutions for those who need help funding high costs towards medical bills, student funds, home renovations, and even holiday expenses. BNZ offers flexible terms and low-interest personal loans to ensure clients get the most out of their financial support.

BNZ offers personal loans that range between $1000- $30 000. Clients can pay off their loan regularly with monthly repayments over a fixed period, with terms that range between 3 months to 5 years.

Personal loan insurance

BNZ provides clients with the option of insuring their loan, in case of some unforeseeable event such as illness, an accident, bankruptcy, or redundancy. They understand that these events will affect the client's ability to earn an income, so they provide insurance as a protective measure.

Application requirements

Clients need to be at least 18 years old and a permanent resident to apply for a loan in New Zealand. They also need to provide proof of regular income that gets paid into a valid bank account. BNZ charges a loan facility of $50 once off upon applying for a loan.

Clients can apply for a BNZ personal loan online, using a quick and user-friendly application form. The process takes a few minutes to complete and eliminates the need for clients to stand in a line multiple times to submit their paperwork.

Debt consolidation made easy

BNZ personal loans can be used for many reasons, including debt consolidation. With an advanced loan, clients can consolidate their short-term, high-interest debt into one manageable repayment over a longer-term.

Customer Reviews & Testimonials

I have been a client of BNZ just like my parents before me. They are a reputable financial institution and I am always happy with the service I receive.

Ali J.
— Lower Hutt —

Some of the best consultants I have ever come across. Knowledgeable and always friendly.

Xavia E.
— Ashburton —

BNZ Contact

Contact Number


  • not available


Physical Address

Postal Address

  • 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