IMB Bank announces interest rate changes

Following the RBA’s increase to the official cash rate, we have announced changes to interest rates on selected loan and deposit products.

The adjustments include an increase to our new and existing variable home and business loan interest rates by 0.25% p.a.^*, effective from March 27, 2026.

We have also increased rates on selected term deposits and savings accounts, with our 12‑month term deposit rate lifting by 0.35%. The changes are effective from March 27, 2026.

We understand that cost of living pressures are increasing and may be of concern for some members and these rate changes seek to balance the needs of both our deposit and borrower members. We strongly encourage any IMB borrowers who need assistance, or wish to discuss their loan situation, to contact our team on 133 462 or visit imb.com.au.

Existing variable rate home loan borrowers will be notified of their new repayment amount in their March statement, with the new repayment amount payable from June 2026.

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