Rating based on 11 reviews

SBS Bank


  • Low-interest starting from 4.75%
  • Property finance up to $300,000
  • Repayment up to 30 years

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SBS Bank homepage

Author SBS Bank. Screenshot of SBS Bank website. [Accessed May 23, 2018]

About SBS Bank

SBS Bank was founded about 147 years ago with the vision to aid members to help members in a mutually beneficial way.

Unlike mainstream banks, every customer is also a member of SBS Bank and we operate solely for the benefit of our members. From everyday banking to home loans and savings accounts all of our products and services are designed to help members achieve their financial goals.

Better service, lower rates and more flexible terms

We've been operating for over 147 years and have grown year upon year with more and more people choosing to use our competitive services. From personal cash loans to home loans we are and will continue to be one of the best member owned banks in the country - offering you better service, lower rates and more flexible terms than anyone else! 

What SBS Bank can offer you

At SBS Bank we offer a wide range of personal loans, home loans, investment and savings account as well as affordable insurance products.

You can view our full list of products and services on our website and call us to speak to someone if you have any questions, concerns or need help filling in our loan application form.

Ready to purchase your dream home?

At SBS Bank we offer affordable property finance solutions to kiwis nationwide. If you need a mortgage that will work for your individual needs contact us to find out how we can help you. We offer an online loan application and will assist you every step of the home buying process.

SBS Bank Product Details

  • Loan Type Property finance
  • Interest Rate 4.75 – 5.54% p/a
  • Loan Amount up to $300,000
  • Repayment 6 months to 30 years

From lower interest rates and flexible repayment terms, we offer it all

In order to access any of our fantastic products and services, you must first apply to become a member of SBS Bank.

This can be done by completing a simple enquiry form after which an agent will get back to you to guide you through the process step by step.

Years of property experience put to work for you

While buying your first home is certainly a new, complicated and even scary prospect, SBS Bank has years of experience in the business and has the expert knowledge to get you up and running smoothly. You can call us, fill in an enquiry form or come out to see us and we will get you up to speed on all of our mortgage options and what they can do for you.

Having a good credit profile always goes a long way

While you might get the home loan option that you preferred, you need to ensure that your credit profile and affordability is in good order. It won’t benefit SBS Bank in any way if we afford you a home loan but you will struggle to pay it in the long run. As a bank that has your best interest at heart, we will not be doing you any justice. We will advise on what you can do better to enhance your chances of getting your home loan approved in future.

Read everything that you are signing up for carefully

It is the responsibility of the client to ensure that they understand all terms and conditions stipulated on the credit agreement. Don’t sign up for the home loan if you are not well acquainted with your role towards fulfilling your payment. Only apply for a home loan if you are certain that you will be able to pay for it.

Do you have any other queries about your home loan?

Contact us today via phone call or drop us an email if you still need us to answer some of your questions. Our agents will gladly assist

Customer Reviews & Testimonials

December 2018

The SBS Bank interest rates on my home loan are reasonable and actually payable.

Richards G
— Kaeo —

January 2019

One business day was all it took for me to get feedback on my home loan application.

Lies Y
— Kaiapol —

SBS Bank Contact Details

Physical Address

Postal Address

  • SBS Bank, PO Box 835, Invercargill, 9840, New Zealand

Opening Hours

  • Monday 09:00 – 16:30
  • Tuesday 09:30 – 16:30
  • Wednesday 09:00 – 16:30
  • Thursday 09:00 – 16:30
  • Friday 09:00 – 16:30
  • Saturday – Closed
  • Sunday – Closed