Our secured loan offering to provide you with lower interest rates with your car as a security for the loan
Category: Personal Loans Last Updated September 30, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED product. Additional Information 1-7 years of flexible loan term
Interest Rate 6.49% PA
Comparison Rate 7.69%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
3000 to 100000
Minimum: $3000.00 Maximum: $100000.00
12 to 84 MONTH
Minimum: 12 MONTH Maximum: 84 MONTH
Lending Rate Type: Fixed
Interest Rate: 12.99%, Comparison Rate 14.14%
Repayment Type:
Loan Purpose:
Product Features
OtherAdditional Information: Get a lower interest rate : By offering your car as security for the loan, you can access a lower rate than our unsecured personal loan.
OtherAdditional Information: Preferred repayment frequency : Choose to make weekly, fortnightly or monthly repayments to suit when you get paid.
Digital BankingAdditional Information: Internet banking access : Manage your loan and track your repayments online or through your mobile banking app.
Extra RepaymentsAdditional Information: The product has EXTRA_REPAYMENTS option available.
Fraud ProtectionAdditional Information: The product includes FRAUD_PROTECTION features.
Relationship ManagementAdditional Information: RELATIONSHIP_MANAGEMENT is available for eligible customers.
OtherAdditional Information: Internet and Phone banking : Includes the Security, Stopping or altering payments, Scheduled transactions and payments , Other transactions and payments, Faults and service difficulties
Product Eligibility
Min Age - 18. Additional Information: Should be aged 18 years or over
Residency Status - You Have Permanent Residency In Australia/nz Or You're A Non-resident Or Migrant And Hold An Acceptable Visa, With A Minimum 1 Year Before Expiry.
OtherAdditional Information: You have a fixed, verifiable residential address in Australia.
OtherAdditional Information: You have a regular, verifiable Australian taxable income
OtherAdditional Information: To qualify for a lower personalised interest rate on a Secured Personal Loan, applicant must meet our credit criteria.
Bank Fees and Charges
Lending Establishment Fee (Upfront), Amount: 250.00. Additional Information: Lending establishment fee (added to your loan amount). Excludes all government charges such as stamp duty, search fees, fees to register security interest with the Personal Property Securities Register
Loan Discharge Fee - Within 12 Months (Exit), Amount: 150.00. Additional Information: Loan discharge fee if you fully repay the loan within the first 12 months
Loan Discharge Fee - After 12 Months (Exit), Amount: 100.00. Additional Information: Loan discharge fees if you fully repay the loan after the first 12 months and before the end of the loan term
Ppsr Fee (Event), Amount: 6.00. Additional Information: A Government fee, charged by the Personal Property Securities Register
Missed Payment Fee (Event), Amount: 15.00. Additional Information: Payable when we send you an arrears letter relating to an overdue amount.
Processing Fee (Transaction), Amount: 3.00. Additional Information: Payable each time you make any repayment on your loan over the counter in a branch or by cash or cheque