Personal Loans

PL Holiday

Personal loans

PSS Secured Loans from

10.50% p.a.

Vehicle secured loans from

12.95% p.a.

  • Easy to apply with great interest rates
  • Secure your loan against your PSS, GSF or motor vehicle
  • Re-borrow the amount you have already paid off with PSS secured loans
  • Make early or lump sum repayments without penalty
Apply for a personal loan

Rates and Fees

View all our Personal Loan rates and fees

Terms and Conditions

View our Terms and Conditions.

Loan Agreements

View all our Personal Loan Agreements.

Bring your plans to life with a personal loan

Buying a car (1)

Vehicle loan

Looking to buy your first car, upgrade the family wagon, or drive the car of your dreams?

Tips on buying a car
Family Holiday


Finally go on that long awaited holiday and make those treasured memories.

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Life milestones

Celebrate the most important days and special events of your life the way you want.

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Need to do some home renos or deal with damage that needs attention?

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Got pesky debts hanging around? Why not bundle them into one loan to make life easy!

Find out more about 1Loan here
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And more!

Have a chat with us today to see if a personal loan is right for you.

Contact us

Top tips for applying

Take your time!

Grab a hot drink and sit down at your PC or laptop to make it easier. We recommend giving yourself about twenty minutes to complete the application.

What you'll need

Download a copy of your latest payslip, and if you're going to secure your loan against your PSS you'll need a current screenshot of that too.

Background info

Have a quick look through your bank accounts, statements or budget so you've got a good idea of your income and expenses.

Fill out the application!

Once you're all done, one of our team will be in touch in a few days to chat through your application.



Personal Loans Interest Rate p.a.
Loans fully secured by PSS or GSF 10.50%
Loans partially secured by PSS or GSF From 11.70% - 14.75%*
Loans secured by Motor Vehicles up to a maximum of $30,000** 12.95%
Unsecured up to a maximum of $10,000 17.00%


*Interest rate charged for loans partially secured by Police Superannuation Scheme (PSS) or Government Superannuation Fund (GSF) is determined by the loan amount versus the value of the PSS or GSF.

**Vehicle must remain in ownership of member throughout duration of loan. Any changes in ownership must be communicated with PCU immediately.

View our full list of rates and fees here.


Fee Amount
Establishment fee $100
Change fee $50
Top up fee when completed by PCU $10 per top up
Top up fee when completed through internet banking $5 per top up


There are no fees for early or lump sum repayments.

Loan protection insurance

Free for members under 65 whilst they are (or their parents are) employed by New Zealand Police.

You’ll be covered up to $75,000 of the outstanding loan balance upon your death or in case of a permanent disability.

If you are not eligible for the free loan protection insurance, you can apply for standard loan protection insurance through another insurance company.

See terms and conditions

Buying a car

Apply for a personal loan

You'll need:

  • Your QID if you're a sworn officer.
  • The value of your PSS or GSF if you want to use your Police superannuation as security. This is available at or you can call Mercer on 0800 777 243 to arrange a valuation.
  • Your bank account statements for the last 3 months.
  • A recent payslip

The fine print

Normal lending criteria and a $100 establishment fee applies to all new loans.

See our Terms, Conditions, and Loan Agreements.