Yes, you can redraw from your home loan or personal loan account online. Only eligible home/personal loan products will allow you to do a redraw*.
You must have a MyState Bank Account to have the redraw balance transferred into.
*Please contact the Customer Care team on 138 001 or visit your closest branch if you are unsure if you have an eligible home/personal loan product or not.
Please note: Monthly Loan repayments are not processed until the end of the day when the loan is due. Please keep this is mind when making a redraw.