Product Library

Personal Loan-Secured New Car

Our Canstar award winning new car loan allows you to purchase any new, demonstration or used car up to 3 years old. Our new car loan offers flexible loan terms and the ability to make additional repayments with no early repayment fees.

Category: Personal Loans Last Updated December 22, 2025 Effective December 22, 2025

General Lending Rates

Rates listed below are for a VARIABLE P&I product. Additional Information New Car Loan Special available for a limited time only. Available for the purchase of a new or demo vehicle. Comparison Rate calculated on a secured loan of $30,000 over a 5 year term based on monthly repayments.

Interest Rate
5.79% PA

Comparison Rate
6.39%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 vary based on the LVR and other conditions..

Product Features

Digital Banking

Other Additional Information: No deposit required.

Other Additional Information: Loan Terms up to 7 years.

Other Additional Information: Conditional pre-approval available.

Redraw

Product Eligibility

Min Age - 18.

Natural Person

Other Additional Information: New Car Loan Special Offer available for a limited time for the purchase of a new or demo vehicle.

Residency Status - Loans Are Available To Members Of The Bank Who Are Permanent Residents Of Australia And Currently Live In Australia..

Bank Fees and Charges

Personal Establishment Fee (Upfront), Amount: 120.00.

Loan Maintenance Fee (Periodic), Amount: 5.00.

In Branch Redraw Fee (Event), Amount: 8.00.

Online Redraw Fee (Event), Amount: 0.00.

Other Credit Fees (Event), Amount: Not Listed.. Additional Information: Refer to our Fees and Charges brochure for information on other fees and charges which may apply.

Document Fee (Variable), Amount: Not Listed.. Additional Information: Document fees may apply

Arrears Letter Fee - Second Arrears Letter (Event), Amount: 40.00.

Arrears Letter Fee - Default Notice Prior To Enforcement (Event), Amount: 70.00.

Document Downloads

brochure-account-access-facility.pdf (322.9 KB)

brochure-fees-charges.pdf (463.1 KB)

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