NAB extends $1,000 grants to flood-impacted customers

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NAB extends $1,000 grants to flood-impacted customers

News

By Mina Martin

NAB has extended the availability of $1,000 grants until Nov. 22, to assist customers who were severely affected by flooding in Victoria, NSW, and Tasmania.

Customers can access the grants for a further two weeks, to provide those experiencing major structural damage or severe internal damage to their property with ready access to funds to meet their immediate needs. This includes business and agriculture customers who have suffered severe damage to property, equipment, fencing or loss of stock or livestock.

Grants are available to customers in officially declared disaster areas who have suffered significant damage to their primary place of residence. All enquiries will be assessed on a case-by-case basis and require evidence showing significant property damage.

“The flooding in parts of NSW and Victoria has worsened over the past week with emergency warnings impacting a number of communities,” said Krissie Jones, NAB executive retail. “Flood levels in many locations were expected to peak across the weekend and as a result, we will continue to make sure anyone affected can get the support they need.”

Flood-impacted NAB customers could also apply for loan deferral or reduced payment arrangements and waiving of some fees or charges relating to their accounts.

NAB said it has also forked out $100,000 to fund Disaster Relief Australia’s “mud-army” recovery operations that assist with the cleanup. NAB employees are already volunteering with DRA in cleanup areas where it is safe to do so.

To volunteer for the Disaster Relief Australia mud-army or donate to support clean-up efforts, click here.

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