Central Bank Rate: 6.25%
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Loan Apps Papua Niugini

22 Verified Lenders • From 10.0% APR

Central Bank Rate 6.25%
Inflation Rate 5.00%
GDP/Capita PGK 9,800
Average Monthly Salary PGK 1,200
Income Tax Rate 30.0%
Average Property Price PGK 250K
Unemployment Rate 3.5%

Loan Types Available

Personal Loans

Interest Rate 10.00% - 18.00%
Loan Amount PGK 1,000 - 50K
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Business Loans

Interest Rate 8.00% - 16.00%
Loan Amount PGK 10,000 - 500K
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Student Loans

Interest Rate 6.00% - 12.00%
Loan Amount PGK 2,000 - 20K
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Mortgage Loans

Interest Rate 8.00% - 14.00%
Loan Amount PGK 50,000 - 1,000K
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Auto Loans

Interest Rate 9.00% - 17.00%
Loan Amount PGK 5,000 - 100K
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General Requirements

Age Requirements

18 - 65 years

Residency

Required

Credit Score System

FICO

Minimum Down Payment

20.0%

Top Lenders

FastLoan

4.7
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MiCredit

4.7
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Women’s Micro Bank Limited

4.6
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AccessFin

4.5
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Digipay

4.5
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I-Finance PNG Limited

4.3
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Loan Calculator

Monthly Payment PGK 890
Total Cost PGK 10,680
Verified Expert
James Mitchell

James Mitchell

International Finance Expert & Credit Analyst

Over 8 years of experience analyzing loan markets and banking systems across 193 countries. Helping consumers make informed financial decisions through independent research and expert guidance.

Verified 3 days ago
193 Countries
12,000+ Reviews