My direct loan payments

Direct loan payments are an easy way to set up recurring payments to your linked ANZ loan accounts.

  • You can choose to set up or increase a prime loan payment. The primary loan payment acts as the main method of payment, automatically increasing if the minimum loan payment amount increases.
  • Alternatively, you can set up regular direct loan payments, which don't automatically update if the minimum loan payment amount increases.

Any existing payments you have set up will be displayed on the direct loan payments landing page with the following details:

  • the account name and number from which the payment is being made, payment amount, frequency, expiry and whether this is the prime payment for the loan.

Help me

FAQs

See also

Use our faqs to find out more about direct loan payments.

What can I do on the "Direct loan payments" page?

The "Direct loan payments" page gives details of any direct loan payments that you have set up on the selected loan account.

  • It allows you to add a new recurring payment, modify, or delete an existing direct loan payment.
Why is there a "Yes" or "No" under the prime payment column?

The "Yes" or "No" indicates whether the payment is a prime payment or not.

  • If the field displays "Yes" this means that you have chosen this payment method as your only directly credited method of payment for this loan. Prime payments are managed by ANZ so they will be automatically increased if your minimum amount is increased (e.g. due to an increase in interest rates).
  • If this field displays "No", then the payment is not a prime payment and you will need to make other payment arrangements to meet your minimum repayment requirements.
Can I set up any amount as my prime payment for my loan?

You can set any amount as the prime payment, as long as the payment amount is equal or more than the minimum repayment amount.

Can I set up direct loan payments from a non-ANZ account on ANZ Internet Banking?

No. If you want to set up direct loan payments for your ANZ Loan account via ANZ Internet Banking, it has to be done from a linked ANZ account.

Need more help?

For further assistance please call the ANZ Internet Banking team on 13 33 50 (International callers: +61 3 9683 8833) 24 hours a day, seven days a week.