If you have been making extra repayments towards your loan you may have the option to redraw these funds. If you have a residential owner-occupied loan or a residential investment loan you will have a redraw facility.

Redrawing is free on internet banking with a minimum of $500 each redraw, noting that if you have a joint account, both account holders will need to authorise the redraw. If you do not use internet banking, you can request that we do the redraw for you however there is a fee. If you would like us to do the redraw, please fill out our online enquiry form.

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Frequently Asked Questions

What is a redraw facility? How is interest calculated on my loan?

How does an offset facility work? The difference between an offset and redraw

How to switch between fixed and variable rates? When is my loan repayment due?

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_{Normal IMB lending criteria, terms and conditions, fees and charges apply.The advice on this website has been prepared without taking account of your objectives, financial situation or needs. Before you act on this advice you should consider the appropriateness of this advice in regard to your objectives, financial situation and needs. You should consider the relevant Terms and Conditions or Product Disclosure Statement before deciding whether to acquire any of the products shown on this website.}