Deposit Power gives you the power to secure your residential property quickly and without hassle, even if your deposit money is tied up in your current assets.

What is Deposit Power?

The Deposit Power Guarantee is a substitute for the cash deposit on residential property purchases, between signing the contracts and settlement. A Deposit Power Guarantee can be issued for all or part of the deposit amount required, up to 10% of the purchase price. At settlement you simply pay the vendor the full purchase price, including the deposit.

Why use Deposit Power?

Using the Deposit Power Guarantee to secure property is a convenient option which often can save the Purchaser money. The flexibility and ease of access are major benefits of the Deposit Power Guarantee, which can usually be arranged in 24 hours.

Who is eligible?

Provided you can prove that you have sufficient funds available to complete the purchase on the residential property of your choice, you are eligible to apply for a Deposit Power Guarantee.

For further information, contact your local branch, call 1300 361 761 or email us at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Deposit Power Guarantee is issued by Vero Insurance Limited ABN 48 005 297 807. Deposit Power Guarantee was established in 1989.