- Outstanding customer service
- 60-second transfers once approved3
- Fast applications1 and same-day loan outcomes2
- Check if you qualify - no impact on your credit score
Rental Bond Loans
- Smart and quick application form, which can be completed in minutes
- 50% of applicants receive an outcome instantly
- For applications that do not receive an instant outcome, most receive a final outcome on the same day!*
- Smart and quick application form, which can be completed in minutes
- 50% of applicants receive an outcome instantly
- For applications that do not receive an instant outcome, most receive a final outcome on the same day!*
We're a part of the award winning Jacaranda Finance group.
Here's what you can expect:
* All personal loan rates, fees and charges, product claims, and credit application links represented on this website are now for products and services offered by Jacaranda Finance, who you will be referred to to apply.
What is a bond loan?
A rental bond loan is a fast cash loan to cover the bond costs for your new place. Here at Nifty, we offer bond loans for any amount between $2,100 to $15,000.
Moving house and need a rental bond loan?
If there is one thing more stressful than finding a new rental in the demanding real estate market, it is finding the money for a bond deposit. You may be able to afford the rent, but coming up with often thousands of dollars for a bond deposit can put a strain on any budget. Fortunately, there is a Nifty solution – get a rental bond loan with Nifty Loans for up to $15,000.
Rental bond pre-approval
Are you currently looking for a new rental, and want to avoid the stress of applying for a bond loan last-minute? We offer pre-approved rental bond loans for people looking to avoid this added moving stress.
Rental bond pre-approval is simply a pre-approved loan to cover your bond expense. Just apply for the amount you need, state what the loan is for (in this case, to cover your bond amount) and we will aim to get back to you with an outcome on the same day* with our 100% online loan application process.
Eligibility requirements
Whether you are applying in Brisbane or Broome (or anywhere in between), our requirements remain the same. If you have been searching ‘rental bond loan QLD’ or ‘rental bond loan NSW’, we have you covered! So that we can assess your application lighting fast, ensure that you meet all of our eligibility requirements.
- You are at least 18 years old
- You are an Australian citizen or permanent resident
- You have had a regular income deposited into a personal bank account for the last 90 days
- You have an active mobile number and email address
Concerned about bad credit?
If you are concerned about your credit score impacting your application, don’t stress; we do provide rental bond loans with bad credit. We are required by law to conduct a credit check on all applications, but we will look at your financial situation as a whole. We will look at your current relationship with money, so your credit score will only be a factor in your application. So, even if you have bad credit, apply for bond assistance with Nifty Loans.
Do rental bond costs vary between states?
Rental bond costs completely depend on the rent you will be paying. Your rental bond amount is, typically, equivalent to four weeks of rent. So, if you are looking to rent in an expensive area, or a large property with multiple bedrooms, chances are your rental bond amount will be higher than someone looking for a one-bedroom apartment. If you are looking for bond loans Victoria, bond loans WA or bond loans SA, your bond amount may vary.
For a further breakdown of rental bond costs across states, see the table below.
Rental bond state variations
| State | Rental bond amount |
| NSW | Max 4 weeks rent |
| QLD | Max 4 weeks rent |
| VIC | Max 1 months rent can be taken unless rent is above $350 per week; if the amount is higher, the rental bond can be negotiated. However, It is still usually 1 months rent. |
| WA | 4 weeks rent; however, if the weekly rent is over $500 per week or the owner was living in the premises for 3 months prior, the rental bond can be negotiated. |
| SA | Max 4 weeks rent if the amount is $250 per week or less 6 weeks rent if the weekly rent is above $350 |
| TAS | Max 4 weeks rent |
| NT | Max 4 weeks rent |
| ACT | Max 4 weeks rent |
Government assistance schemes
Most state governments offer rental bond loans for low-income earners. These loans may be beneficial if you are eligible to apply, because they are interest-free. To apply for government assistance, consider the following:
- QLD – you must be an Australian resident, not own property and have less than $2,100 in cash or savings to apply for a bond loan or rental grant
- NSW – you must meet eligibility criteria for social housing and a cash asset limit to apply for the Rentstart Bond Loan
- VIC – your rent must be less than 55% of your gross weekly income and you must not owe money on previous or current public housing tenancies to apply for a bond loan scheme
- TAS – rental bond assistance is not government-funded but is available from AnglicareTas
- NT – you must meet residency age, income and asset tests set by the Northern Territory Government
- WA – the WA Housing Authority provides bond assistance and rent advances to eligible applicants
- ACT – you must have no available cash or convertible assets above $15,000 and be able to meet the income test to be eligible for a rental bond loan
- SA – your rent must not exceed $450 per week, as well as other eligibility criteria, to consider a bond or rent loan
How do I apply with Nifty?
If you’re ready to apply for a bond loan, it couldn’t be simpler. Our 100% online application means it’s paperwork free; all you need to do is follow these simple steps.
Step 1: Apply online
Use the loan calculator at the top of the page to enter your loan amount and repayment period. Once you’re happy, click ‘Apply Now’ to get started and fill out the application.
Step 2: We assess your application
Once we have received your application, we will begin processing it. We will do our best to get back to you on the same day* (if you apply during AEST business hours).
Step 3: Get your cash
If your application is approved, we will send you a copy of your contract to review and sign. We encourage you to read the contract thoroughly to make yourself familiar with any fees and charges. Once we receive your signed contract, we will send the money straight to your bank account. You could have the cash within just 60 seconds**.
Apply with Nifty
Here at Nifty Loans, we like to make things as simple and easy as possible. Apply for a rental bond loan and avoid sourcing thousands of dollars with short notice. For quick loans, we will always be the Nifty solution.
If you still have questions, don’t hesitate to get in touch. Our friendly team is always happy to help. Our customer service is as Nifty as our loans. You can reach us on 1300 471 328.
Ready to Apply?
