Instant approval

Instant decisions and same day funding

We understand that you’re anxious to finance the things that are important to you so we won’t keep you waiting. You’ll know whether you’re approved within 60 seconds of applying. Plus if you’re an existing Commonwealth Bank customer and you’re approved before midday, we’ll give you access to your loan that day*.

It’s easy to apply. You can complete your application in any branch or online. With personal loans from Commonwealth Bank, it’s easy to get the money you need at your convenience.

Existing NetBank customers

Are you an existing Commonwealth Bank customer?  If you apply via NetBank for an unsecured variable or fixed rate personal loan, submit your application before midday Monday to Friday and if you’re approved, we’ll give you access to your loan that day*

Existing customers might not need to provide any supporting documents as long as:

• Your pay goes into your Commonwealth Bank transaction account
• You only have loans or savings with the Commonwealth Bank

In certain situations, we may need to ask you for additional documents to support your application such as proof of income or banking records. 

New customers, or not registered for NetBank?

Complete our online application to receive an instant decision and then bring in your supporting documents to receive your funds.

 

If you prefer you can call us on 13 1431 from 8am to 8pm, 7 days a week, or visit any Commonwealth Bank branch.

 

• Important information
  *Apply before midday Monday to Friday, and if you’re approved, we’ll give you access to your loan that day. Unavailable for secured loans, when a guarantor is required, if an application is incomplete or needs to be referred for a more detailed review by a lending specialist and subject to system availability. Applications for finance are subject to the Bank's normal credit approval. Full terms and conditions will be included in our loan offer. Fees and charges are payable. Commonwealth Bank of Australia ABN 48 123 123 124.