Joint applications are temporarily unavailable online. Please contact NAB Equity Lending for further assistance.

NAB Super Lever

Combines the flexibility of a margin loan with a design that caters for self- managed super funds.

NAB Super Lever


Take advantage of a limited recourse loan.

Simple set up

The required security trustee is provided within the product.

Flexible investing

Access a broad range of approved investment options.

Benefits of NAB Super Lever

Limited recourse

NAB’s recourse against the SMSF is limited to the acquired asset held as loan security, in addition to this maximums apply to the value of assets acquired.


Borrowing funds to acquire an asset under a limited recourse borrowing arrangement does not increase the net capital value of your SMSF, so it should not result in a contribution to your fund for ATO purposes.

Simplicity and flexibility

If you decide to make an investment, you simply send us a form with your investment request and arrange to provide the required cash contribution. Also, the required Security Trust structure is provided within NAB Super Lever.

As the SMSF trustee, you can choose:

  1. Your investment from a broad range of approved investments
  2. Your preferred gearing level
  3. Whether to capitalise loan interest
  4. Whether to make use of non-SMSF security to support a loan via a guarantee, and 
  5. When to repay the loan.

Unconditional access to investment distributions

Cash dividends and distributions flow directly to you as the beneficial owner of the financed investment.

These income flows are available for you to reinvest within your SMSF, or you may choose to reduce an existing NAB Super Lever loan balance.

Risks of a margin loan

Margin calls

If a portfolio's value falls so that the amount of equity an investor holds also falls below our required levels, we may ask for extra security or funds to be deposited. If an investor fails to do this, we may sell their assets to correct the position.

Reduced gearing levels

We regularly review our lending ratios and may decrease them, even for securities an investor already owns. When that happens, it can sometimes trigger a margin call.

Suspended securities

If an investor's securities get suspended from trading we may ask them to deposit additional funds or securities.

Increased rates

If an investor has a variable interest rate on their loan, it may increase. To manage this risk, investors should ensure they gear conservatively and have enough capital to deal with a rate rise. Investors can manage this risk by offsetting any distributions or income received from securities against the balance of the loan.

Increased losses

While leverage may amplify gains, it also amplifies any losses in a falling market.



Risk management

Investors can manage risks by gearing conservatively, diversifying and monitoring investments, and paying interest regularly. 


To help you manage potential risks, try the new ‘What-If’ calculator to better understand the impact of market events, individual price fluctuations, loan balance and portfolio changes.

NAB Super Lever

Variable interest rates (p.a.)

Less than $250,00010.00%
$250,000 - less than $1.0M9.75%
$1.0M & above9.50%

Download all interest rates PDF (123KB) - Rates effective from 1 March 2024.

 1 year (p.a.)2 years (p.a.)3 years (p.a.)4 years (p.a.)5 years (p.a.)
Less than $250,0009.80%9.90%10.00%10.20%10.35%
$250,000 - less than $500,0009.60%9.70%9.80%10.00%10.15%
 $500,000 - less than $1.0M9.40%9.50%9.60%9.80%9.95%
$1.0M & above9.20%9.30%9.40%9.60%9.75%

 1 year (p.a.)2 years (p.a.)3 years (p.a.)4 years (p.a.)5 years (p.a.)
Less than $250,0009.87%9.97%10.07%10.27%10.42%
$250,000 - less than $500,0009.67%9.77%9.87%10.07%10.22%
 $500,000 - less than $1.0M9.47%9.57%9.67%9.87%10.02%
$1.0M & above9.27%9.37%9.47%9.67%9.82%

Cash Management Account - effective from 1 December 2023.

2.80% p.a.

This rate also applies to credit balances in a NAB Equity Lending variable rate loan.

The following fees may apply to some clients:

Establishment fees
Individual and joint applicants$0
Trustee applicant (Individual)$150
Trustee applicant (Company)$300
Company guarantor$150
Tasmanian residents (Applicants or guarantors): All applicants and guarantors residing in Tasmania are subject to a State Government charge to cover stamping and registration of the Power of Attorney. Contact NAB Equity Lending for further information.
Other Fees

Instalment gearing

A fee may be incurred for instalment gearing under certain circumstances (for example, if a client terminates the arrangement within the first 12 months).

Economic costs

Early repayments of a fixed rate loan (including a conversion to a variable rate loan) may be subject to payment of economic costs.

Default interest

Default interest may be charged on any loan amount that exceeds the approved facility limit. Default interest is charged at NAB Equity Lending's published variable rate for loans of less than $250,000 plus a margin of 2.0%(p.a.). Therefore, if the variable rate for loans less than $250,000 changes, so will the default interest rate.

Contact us



1300 135 145
(from outside Australia:
+61 3 8903 9912)


Monday - Friday
8.30am - 5.00pm (AEST/ADST)