Police Home Loans

When you decide to buy a home there are a lot of things to think about and do. Choosing the right home loan can be just as important as finding the perfect home.

The Police Welfare Fund has worked with ANZ to create the Police Banking Package. The package offers special discounts and benefits to Police Welfare Fund members.


Eligibility is at the discretion of the Police Welfare Fund. Members must remain a member of the Police Welfare Fund and have their salary deposited to an ANZ transaction account.

ANZ@work Police Home Loan Package details

The ANZ@work Police Home Loan Package offers the following special benefits. (These benefits are subject to change).

Police Home Loans
Members pay no loan application fee for owner occupied lending and save with interest rate discounts:

  • Floating rate: 0.50% p.a. discount
  • Flexible rate: 0.50% p.a. discount
  • Fixed rates: 0.50% p.a. discount

If you get an ANZ Flexible Home Loan, the monthly account fee will be waived.

Also includes:

Everyday Banking
ANZ Freedom Account with no transaction fees and the monthly account fee waived and an ANZ Visa Debit with no annual card fee.

Based on your salary and the ANZ pre-approval criteria, you could get a pre-approved overdraft of up to $1,000, with no overdraft application fee.

Credit Cards
Choose any of the ANZ personal credit cards and you'll pay no annual fee (including additional card fee).

Foreign Exchange
Pay no commission when buying or selling foriegn exchange currency.
Limit of NZD$1,000 per day when presenting cash to pay for a foreign cash transaction, unless the funds are debited from your ANZ bank account.


Find out more

To find out more or to register for the ANZ@work Police Home Loan Package, (members need to register for the package to recieve the benefits):

  •   Visit your local ANZ branch
  •   Call a home loan expert: 0800 269 4663

You can also use ANZ's online home loan calculators to give you an idea on:

  • How much you could potentially borrow.
  • What the repayments may be.
  • How repayments for a home loan may affect your budget.

The ANZ@work Police Home Loan Package details are subject to change. ANZ's eligibility and lending criteria, terms, conditions and fees apply. A copy of ANZ's Reserve Bank Disclosure Statement is available at anz.co.nz or from any ANZ branch. 

What about insurance — do I need some and what kind should I get?

The Police Welfare Fund can provide insurance protection to cover your Police Home Loan and insure your property from loss or damage.

Six months free home insurance
You may also qualify for six months free home insurance through the Police Welfare Fund (conditions apply).

The insurance options mentioned on this website are not provided by ANZ. Police Welfare Fund Police Life Insurance and Police Life Insurance Extra are underwritten by AIA. Police Fire & General Insurance is underwritten by Lumley General Insurance (NZ) Limited.