Why choose ING


  • No ongoing fees
  • No early repayment fees
  • Fixed interest rate


  • Establishment fee charged
  • Potential late payment fee
  • No variable-rate personal loan available

ING Personal Loans

Loan amount


Loan term

credit score icon

Credit score

Don't know your score? Find it out here.

Sort by


All filters

Loan amount
Loan term
Credit score

Don't know your score? Find it out here.

Loan type
Security type

Type of lender

Include all products?


We provide links to some financial institutions. If you click through to a financial institution, you can get more product information, apply for or purchase the product and RateCity may earn a fee for referring you. This is one of the ways RateCity makes money and how we can offer our comparison service to you for free. See how we make money for more.

Total repayments

Australian Credit Licence 229823Fees & charges apply


up to 18.99%


up to 19.23%



Fixed Rate Personal Loan

    2024 Award Winner

  • 2 to 7 years
  • Unsecured
  • Fixed Rate
  • No ongoing fees

Australian Credit Licence 229823Fees & charges apply

Personal Loans calculator

Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios.


Your estimated repayments


based on a $30,000 loan for 5 years at 6.89%

Total loan repayments


Total interest charged


Features of an ING personal loan

ING provides unsecured personal loans of at least $5,000 and up to $60,000 for a personal loan. Borrowers can pay it off over a loan term of two to seven years.

ING only has unsecured, fixed-rate personal loans and doesn’t have a variable-rate option.

This lender charges various fees on its personal loans including establishment fees and late fees. However, ING doesn’t charge ongoing fees and there are no penalty fees for early repayment.

ING doesn’t give different rates to different people based on their credit profile. The bank only has one personal loan rate, which is common for larger banks.

ING personal loans – customer service

ING has no branches, but it does have an ING Lounge in the Sydney CBD, open 9am to 5pm on weekdays.

Customers can also contact ING by phone, email and through the post. ING has a dedicated personal loans phone line, which is in operation from 8am to 8pm (AEST/AEDT) seven days a week.

If you’re an existing customer, you can also get in touch with ING using its online messaging service.

Who is eligible for an ING personal loan?

  • Must be over the age of 18 and have a valid proof of ID (i.e. driver’s licence or passport).
  • Must be an Australian citizen, New Zealand citizen or a permanent resident of Australia with an Australian residential address.
  • Must earn at least $36,000 per year before tax and must be able to demonstrate this as your main source of income.
  • Must have a good credit score.

How to apply for an ING personal loan?

The application process takes about 20 minutes and can be done through ING’s website.

  1. Complete the personal loan application form on the ING website.
  2. Submit the online application and wait for a response.
  3. Accept the contract.
  4. If you’re approved, you may be paid on the same day you accept the loan.

You may also need the following documents ready before you apply:

  • PAYG payslips
  • Proof of super income
  • Bank statements
  • Tax returns

ING personal loans review

As a big bank, ING provides personal loans suitable for those with good credit history. It does not provide personal loans for self-employed people.

Personal loan customers can borrow up to $60,000, with a maximum term of seven years.

ING may charge various fees, including an establishment fee, and late fees. If you’re applying for an ING personal loan, it’s best to read the contract carefully. However, ING customers can pay off their loan early without penalty.

ING’s interest rate for personal loans are very low for a major bank lender. But borrowers with poor credit ratings will likely not be approved if they apply for an ING personal loan.

If you’re looking for the best personal loan rates for you, it’s worthwhile to compare personal loan rates from several different lenders and consider your personal financial situation.

About our expert

Did you find this page helpful?

^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.