NAB announces disaster relief package for customers impacted by storms in South Australia

Share

Share

National Australia Bank has today announced its disaster relief package for customers in South Australia, impacted by the storms.

NAB encourages customers affected by the storms to contact the bank when they’re ready to discuss a range of financial relief measures, including:

  • Credit card and personal loan relief.
  • Waiving the application fee for restructuring business facilities.
  • Deferral of business loan payments principal and/or leasing payments.
  • Waiving costs and charges for withdrawing term deposits early (including Farm Management Deposits).
  • Concessional loans to customers seeking support to restructure existing facilities to assist in repairs, restocking and re-opening for business.
  • Offering reduction on home loan and personal loan repayments or moratorium.
  • NAB Assist tele-consults for customers.
  • Wellbeing support service for colleagues and customers.

NAB State Business Banking Executive Regional and Agribusiness SA / NT, Joe Paparella said the measures provide customers access to immediate financial support.

“We know this is impacting a lot of people across South Australia – we are here to help and the number one priority is to stay safe”.

“We are here to support all NAB customers, employees and the wider community before, during and after a natural disaster. Anyone who needs assistance or advice can contact us so we can discuss their circumstances and work out the best way to help.”

Further assistance

  • Customers who need help are encouraged to visit their nearest open NAB branch where it is safe to do so, contact their banker directly, call NAB Assist on 1800 701 599 (8am-8pm Mon-Fri, or 9am-1pm on Saturdays AEST/AEDT) or visit nab.com.au/disaster.
  • Small business that need help can call 1300 961 577.
  • Agri customers that need help can contact their banker.
  • For emergency claims, or general insurance, call 1300 555 013.
  • For Property and motor vehicle insurance assistance, call 132 652.

Environment

SEE ALL TOPICS

Media Enquiries

For all media enquiries, please contact the NAB Media Line on 03 7035 5015

Related Articles

  • Budget

Actions taken before 2030 critical to transition to net-zero global economy

Speaking in response to the 2024 Federal Budget NAB Group Executive Corporate & Institutional Banking David Gall said the Federal Government’s $24bn blueprint will play a critical role in transitioning to a net-zero economy and will help bring forward investment sooner.

  • 17.05.2024
  • Time to read 4 min read
  • Community

Girls on Fire boosting female participation in emergency services

Girls on Fire expands training program to include aviation firefighting and rescue services with training camp at Melbourne Airport.

  • 13.05.2024
  • Time to read 2 min read
  • Economy

Not an easy needle to thread: NAB CEO on interest rates and the economy

NAB CEO Andrew Irvine reflects on Australia’s resilient economy and how this is impacting inflation and interest rates.

  • 10.05.2024
  • Time to read 2 min read

Quick links

Environment and sustainability

Find out how NAB is adopting a sustainable approach to managing our business, and helping our customers to do so.