To apply for a personal loan with BOQ, you must demonstrate the following:

  • You are over the age of 18

  • You are an Australian citizen or permanent resident

  • You have never been declared bankrupt

  • You have a regular, permanent income

Unsecured Fixed Rate Personal Loan

BOQ’s unsecured personal loan is available at a fixed rate, for loans sized between $3,000 and $40,000. Term lengths are between one and seven years, with unlimited extra repayments allowed, as well as no penalties for repaying the loan.

For your application, you might need to provide BOQ with the following:

  • Proof of identity

  • Employment details

  • Financial details (income, assets, expenses, liabilities).


The following fees apply, correct as of October 2023:

Application fee


Monthly maintenance fee