What information and documents are required to apply for a loan?
To find out your personalised rate, you only need to provide basic information, including:
- The amount you'd like to borrow, and the purpose of your loan.
- Your personal details, including your name, date of birth, and address, so we can match you with the credit bureau to provide you with your personalised rate.
- We'll also verify your phone number – you'll need this to continue with your application.
In order to proceed with an application for a personal loan, you'll need to download the Revolut app and complete the identity verification process.
Quick tip: Have your identity document (e.g. passport or driver's licence) handy, as this will speed up the process. If you're already a Revolut customer, you can skip this step and proceed directly with your application.
To complete the loan application, we'll ask you a few questions, including:
- What's your family situation?
- What's your residential status?
- What's your employment and income?
- What are your monthly expenses and liabilities?
You may also need to provide supporting documents:
- Supporting documents to show that you're an Australian citizen or permanent resident (e.g. Australia passport, green medicare card, VISA grant notice).
- Bank statement information with details about your income, expenses, and liabilities from the last 90 days, and payslips upon request.
- For self-employed applicants, the latest notice of assessment and individual tax returns.
To submit the supporting documents:
- At the end of the loan application, you'll be prompted to upload your bank statements.
- We may also chat with you to seek further clarification or more supporting documents. Please also pay attention to your in-app messages.
- If you face challenges while uploading documents, reach out to us through chat.
All this information will help us properly assess your loan application and make sure the loan is suitable for you.