Nifty Personal Loan: Features, Application Process, and Pros & Cons

If you are looking for financial aid to address unexpected expenses that come your way, a personal loan is the best option to rely on. While there are tons of personal loan lenders out there, the most trustworthy lender with flexible lending options is undoubtedly Nifty. Nifty is a brand of the Jacaranda Finance Group and has had a footing in the financial services industry for ages. Nifty has been helping many Australians by referring them to Jacaranda Finance for loan purposes. If you are an Aussie looking for a personal loan, you can delve into this article where we talk in detail about Nifty Personal Loan.

Nifty Loans are aimed at providing needy customers with bad credit history to acquire a loan effortlessly. It offers easy and quick access to the money and makes loan processing a smooth sail. If you want to apply for a personal loan at Nifty, you can check out this article where we have broken down everything for your easy understanding and application. You can also find Nifty Loans Review in the end so that you can conclude if this is your cup of tea or not without trouble. 

Nifty Personal Loan

Nifty personal loans are very popular among Australians and it is thanks to the collaboration it has with Jacaranda. The company is also named for offering loans for clients with bad credit histories. The lending options available at Nifty can assist you in navigating bad financial debts seamlessly. You can even get a loan tailored to your needs with Nifty. So, without further ado, find out the features, eligibility, pros & cons of Nifty personal loans here. 

Nifty Personal Loan Interest Rates

Nifty wants to stay ahead of the competition and so boasts competitive interest rates to its customers. However, the Nifty Personal Loan Rate is not pre-defined completely. It varies depending on credit score, loan term, loan amount, etc. Take a look at the interest rates offered by Nifty below:

  • For a loan amount ranging from $5,000 to $24,999, the interest rate ranges from 7.00% to 35.99%
  • For a loan amount ranging from $25,000 to $49,999, the interest rate ranges from 6.99% to 35.99%.
  • For a loan amount of $50,000+, the interest rate is 5.99% to 35.99%.

Nifty Personal Loan Features

Nifty personal loans are aimed at offering financial support to those who are in need despite their poor financial past. While Jacaranda runs credit checks on the borrower, it also considers other important factors other than the credit score. Your equation with money is also a matter of concern for Jacaranda to approve a loan. Find out about Nifty Personal Loan Approval Time and more below. 

Quick Application Form

Nifty employs the latest cutting-edge technology to provide a seamless application process to its customers. It takes around 10 to 12 minutes to fill up the application form and submit it for further processing. 

Same-day disbursal

For those who are seeking same-day loan disbursal, Nifty is the apt one. If everything from documentation to eligibility is perfect, it takes no less than a day to disburse the loan amount. As soon as you sign the contract, the amount will be credited directly to your bank account. You can use the funds to fulfill your purpose. 

60-Second Loan Disbursal

This is the craziest feature of Nify personal loans. If you have an NPP-enabled bank account, you shall receive the loan amount in 60 seconds. However, non-NPP-enabled bank accounts can receive the loan amount the next business day. The company uses the latest banking technology to keep the information of the customer safe and secure. 

Great Customer Service 

The customer service offered at Nifty is top-notch and you can get your queries answered in the blink of an eye. You can either use email or phone to contact the customer service department to put forth your queries. 

100% Online

If you are looking for paperless loans, you can go for Nifty Personal loans as these are 100% online. From applying for the loan to getting it credited to your account and repaying it, everything is online. You can even use the inbuilt Nifty Personal Loans Calculator to calculate the interest rate for your loan amount online. 

Nifty Personal Loan Eligibility

Here are the eligibility criteria that the Nifty personal loan borrower must satisfy to acquire the loan. 

  • The borrower must be at least 19 years of age.
  • He/she must be a citizen or permanent resident of Australia.
  • Must have an active mobile number and email address.
  • Must have regular income and should submit the pay slips for the past 90 days.

How To Apply For Nifty Personal Loan? 

Here is the Nifty Personal Loan Application process for you. You can easily apply for a personal loan with Nifty by following the below steps.

  • Visit the official website of Nifty or download the dedicated mobile application.
  • On the website, you can find the Apply Now button in the top right-hand corner. Click on it.
  • It will take you to a new page where you can see the application form.
  • Fill in the details as prompted like your personal details, contact details, amount you wish to borrow, etc and attach the necessary documents. 
  • Apply and wait for the approval.

Jacaranda will look into your details, verify your credit score and other things, and approve the loan if everything is as per its rules and regulations. Note that Nifty charges 1% to 6% of the loan amount as a loan processing fee. 

Nifty Personal Loan Contact

If you have queries regarding the loan application or processing, you can visit the official website of Nify and click on the Contact button in the top right corner. It will open a page where you can find the contact details of Nifty.


You can call the service team at any hour to get your queries answered. 
Call: 1300 471 328

Login and fill out the form

You can log in as a customer to the website and fill out the form with your details as well as a message or query you have and submit it. Your query will be answered in a short period.

Pros & Cons


  • Nifty offers higher competitive rates than its peers.
  • The application process is quite quick and may take less than a business day for loan approval and disbursal.
  • Flexible loan repayment tenure
  • Secured and unsecured loans available


  • High processing fees of up to 6%.
  • Prepayment penalty of up to 2% on early repayment of loans.

Nifty Personal Loan Review

Overall, Nifty personal loans through Jacaranda are the most accessible loans. The financial institution also provides flexible repayment options for individuals that are super convenient and can be tailored as per the specific requirement of the customer. Though it charges a 2% prepayment penalty if you are okay with it and are fine with other features it offers, you can head to apply for the loan online. Though same-day loan disbursals are not promised, there are chances that it may be delayed a little depending on the information you have provided. Well, this is all about the Nifty Personal Loan Review. If you find our review interesting and helpful, bookmark our website – and keep checking often for more loan lenders in Australia.

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