ING Personal Loan Australia, Fixed Rates, No Ongoing Fees and Fast Same-Day Funds

Overview of the ING personal loan in Australia

The ING personal loan offers fixed rates from 6.89% p.a., no ongoing fees and fast same-day funds for existing customers, making it a strong choice for Aussies who want predictable repayments. You can borrow from $5,000 up to $60,000 with loan terms between 2 and 7 years, unsecured and straightforward.

With a comparison rate starting from 7.10% p.a., the ING Personal Loan Australia combines competitive pricing and clear terms so you can plan your budget without surprises. Typical borrowers appreciate the ability to choose fortnightly or monthly repayments and to make extra repayments without penalty.

Key features and benefits

Fixed interest rates mean your repayments stay the same across the term, which helps with cashflow and household budgeting in Australia. ING also waives ongoing fees—no annual or monthly account fees—saving you money over the life of the loan.

Existing ING customers can get funds on the same day once approved, while new customers usually receive funds within two to three business days. The product is unsecured, so you won’t need to put up property or other assets as security for the ING personal loan.

Eligibility, documents and application

To apply for an ING Personal Loan Australia you must be 18+, usually an Australian citizen or permanent resident with an Aussie address and PAYG income; minimum yearly income requirements apply. Have your driver’s licence or passport, recent payslips and a summary of expenses and liabilities ready to speed up approval.

The application is digital and user-friendly—existing customers can apply through internet banking and often see same-day access to funds after approval. New customers can open an Orange Everyday account to potentially waive establishment fees and streamline the process.

Repayments, flexibility and fees

Choose fortnightly or monthly repayments to fit pay cycles; ING personal loan repayments are fixed so you avoid interest rate surprises. Extra repayments are allowed with no penalty, helping you reduce interest costs if you pay ahead.

While there are no ongoing fees, note a $20 late payment fee may apply and you can’t extend the loan term once it’s set. Comparison rates vary up to around 19.23% p.a. depending on loan size and term, so always check the product disclosure statement for your exact numbers.

ING personal loan remains a solid option for Australians seeking predictable, transparent borrowing with fast funding and no ongoing fees. If you value fixed rates, simple online applications and quick access to cash, the ING Personal Loan Australia is worth comparing against other market offers.