What you need to apply for a personal loan

To save you time, here’s a checklist of what you’ll need to apply:

Identification details for new customers

If you’re brand new to Bankwest, welcome! Whether you’re applying online or in-store, we’ll need to confirm who you are.

Applying in store?

Once your application is approved, pop into your nearest Bankwest store with an original or certified copy of your choice of the following:

one form of primary ID with a photo (i.e. passport or driver’s licence) or
two forms of primary ID without a photo (i.e. birth certificate and government benefits card) or
one form of primary ID without a photo (i.e. birth certificate or Citizenship papers), plus one form of secondary ID (i.e. a utility bill)

Applying online?


Details for new and existing customers

Whether you’re applying instore or online, you may also need to provide us with additional information, such as:

Proof of income

In order for us to verify your income you’ll need to send in copies of your income documents. Your current employment circumstances will dictate which documents are required:

Do you work for an employer?

i.e. Pay As You Go (PAYG)

  • Two of your most recent payslips which must be no more than 45 days old
  • if you are new to Bankwest, you will also need to supply 3 months of your most recent consecutive bank statements showing salary credits. Statements must show:
  • account holder name
  • financial institution name
  • BSB & account number
  • transaction history
  • most recent salary credit to be within 45 days from the date of application
  • if you are an existing Bankwest customer with at least 3 months salary history in your Bankwest account, you may not be required to send in payslips

Do you own your own business or subcontract?

i.e. Self employed

  • 2 most recent Notice of Assessments from the Australian Taxation Office (ATO), showing your earnings for these financial years. Must be no more than 18 months old from the application submission date

Do you receive other income?

  • Self-managed superannuation fund - your personal tax return from the last financial year. Must be no more than 18 months old from the application submission date
  • Managed superannuation fund - your most recent statement of your superannuation balance including evidence of regular payments
  • Pension - your most recent pension statement showing current payments
  • Rental income - a signed rental tenancy agreement, or a monthly rental income statement from your managing agent. Note the rental tenancy agreement must not have expired

Are you refinancing debt from another financial institution?

If you are refinancing debt(s) from another financial institution you must also provide:

  • 3 months of your most recent consecutive bank statements for each debt being consolidated, printouts from your online banking can be accepted. Statements must show the following details:
  • account holder name 
  • financial institution name
  • BSB & account number
  • transaction history
  • no older than 45 days

Security documents if you’re applying for a Secured Car Loan

Security documents are required after your personal loan has been conditionally approved and you have found the vehicle to be secured.

Do you plan to purchase a vehicle from a dealership?

  • signed contract of sale as provided by the dealer. Must include VIN number, engine number and registration number
  • current motor vehicle Insurance certificate. Must show Bankwest as the registered interest i.e. have Bankwest noted on the insurance certificate

Do you plan to purchase your vehicle via private sale?

  • complete the Bankwest Private Sale Disclaimer Form (PDF, 33.37109375KB)  
  • signed Private Sales Disclaimer. Must include VIN number, engine number and registration number
  • current vehicle Registration Paper. Must include VIN number, engine number and registration number. The vehicle must be registered in the State in which you live
  • current motor vehicle Insurance certificate. Must show Bankwest as a registered interest i.e. have Bankwest noted on the Insurance certificate

Do you plan on using a vehicle you already own as security against your personal loan?

  • current vehicle Registration Paper. Must include VIN number, engine number and registration number. The vehicle must be registered in the State in which you live
  • current motor vehicle Insurance certificate. Must show Bankwest as the registered interest i.e. have Bankwest noted on the insurance certificate

Ready to apply?


What happens after you've applied online?

  • you will receive an instant online response
  • if you are conditionally approved we will contact you via email to request documents to support your application such as: proof of income, financial statements
  • once we receive your documents we will validate your application. Should we require more information we will contact you

You can email or fax in your documents. You must quote your reference number which you will receive during your application process. Alternatively, you can give them to your lender in store.

Fax

1300 724 962


If you choose to email a copy of any documentation to us, you do so at your own risk. As emails are an unsecured means of communication, there is a risk your email could be viewed by others if it is intercepted or sent to an incorrect address, and Bankwest assumes no responsibility for this. If you have any concerns about emailing information to us please provide it by other means.

© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.