Loans Into Bank Account
Same day funds up to $5,000
Same day funds up to $5,000
When financial emergencies arise, having quick access to cash is crucial. If you’re searching for loans that are deposited directly into your bank account, Fundo is here to help. We offer small loans starting from $500, with a fast and simple online application process that ensures quick approval and direct deposit into your bank account. Whether you’re dealing with a personal emergency or short-term financial need, Fundo makes the process of accessing cash straightforward and convenient.
How Does Fundo Provide Direct Deposits for Loans?
Fundo specialises in offering fast cash loans to Australians who need immediate financial assistance. Once you apply for a loan through our digital platform, your application is processed quickly, and if approved, the funds are deposited directly into your bank account. In fact, with PayID-enabled transfers, you could receive the funds within 60 seconds from accepting your loan agreement and if your bank supports PayID after approval and agreeing to your loan contract ..
Why Choose Fundo for Direct Deposit Loans?
Fundo makes the process of getting a loan quick and hassle-free. With a fully digital application process and direct deposit of funds into your bank account, we eliminate the need for phone calls or long waits. You can apply online at any time, and if approved, receive the money directly in your account within minutes.
Who is Eligible for a Fundo Loan?
Fundo loans are available to a wide range of Australians. To qualify for a small loan, you need to:
Safe
and Secure. 3 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 3 min
application²
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
Safe
and Secure. 3 min
application²
Loan amount from $500 to $2000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2001 to $5000
Minimum 91+ days to maximum 2 years
$400 establishment fee, interest at
47.80% p.a. (comparison rate 66.58% p.a.)5
4 Fees are based on loan principal advanced.
5 The comparison rate is specific to a $2,500 loan over a two-year term with a $400 establishment fee and fortnightly repayments. Any deviation in loan amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 3 min
application²¹As soon as you sign your contract and if all other requirements have been met, we instantly send the funds to your nominated bank account. If your bank works with the New Payments Platform (NPP), most customers see funds in their account within 60 seconds. If your bank is not NPP enabled, or it is a weekend or a public holiday, the funds are usually received by the next business day. Fundo cannot guarantee that loan funds will be received within 60 seconds
²Applying for a loan with Fundo usually takes about 3 minutes. However, this time can change based on a few things, such as your typing speed, the device you're using, and whether you have all the necessary information ready to go.
³As the approval process is influenced by various external factors, we can't guarantee that you'll receive a decision on the same day. However, most of our customers do receive a same-day response to their application with Fundo, if they submit their loan application and all the requested supporting information by 4pm Sydney time during a regular business day.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
