Graduate loan

An ANZ Graduate Loan could assist you to pay for that new car, upgrade your laptop or even take a well deserved holiday. No repayments are required for the first year of the loan!

If you are a recent graduate with an offer letter for employment in your current field of study, and a permanent Australian resident, you could be eligible for an ANZ Graduate Loan. You need to apply within 6 months of your course completion and have not yet commenced the position stated in your letter of offer. No repayments are required for the first year of the loan.

Loan Features  
Loan term From 1 to 7 years
Minimum loan amount $5,000
Maximum loan amount $75,000
Repayment frequency No repayments required for the first year of the Graduate Loan.  (Interest and fees are accrued and debited to the loan during the 12-month repayment deferral period).
Additional repayments You have the freedom to increase your repayments at any time.  This means you can choose to pay off your loan faster and save on interest costs1.
Redraw facility Not available
ANZ Loan Protection (optional)2

Not available


Variable interest rate Interest rate from loading product data(View current rates)3
Comparison rate4 from loading product data(View current rates)
Fees and charges
  • Loan approval fee: $150, due when the loan is drawn down
  • Loan administration charge: $10 per month, charged at the end of each quarter

All applications for credit are subject to ANZ's credit assessment criteria.

Terms and Conditions available on application. Fees and charges apply.

1. A $200 Deferred Establishment Fee will apply in the event that you repay or refinance your Graduate Loan within 12 months of the date of advance.

2. ANZ Loan Protection is underwritten by OnePath Life Limited (OnePath Life) ABN 33 009 657 176 and QBE Insurance (Australia) Ltd ABN 78 003 191 035.

Australia and New Zealand Banking Group Limited (ANZ) (ABN 11 005 357 522) is an authorised deposit taking institution (bank) under the Banking Act 1959 (Cth). OnePath Life is owned by ANZ – it is the co-issuer of the product (along with QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545) but it is not a bank. Except as set out in the issuer's contract terms (including the Product Disclosure Statement), this product is not a deposit or other liability of ANZ or its related group companies. None of them stands behind or guarantees the issuers. Terms and Conditions apply. View insurance disclaimer and important notes.

3. Rate as at loading product data(View current rates) and subject to change.

4. These comparison rates are based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only.

WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

5. Terms and conditions apply.

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