Category: Personal Loans Last Updated February 17, 2022 Effective May 3, 2024
General Lending Rates
Rates listed below are for a FIXED P&I product. Additional Information
Interest Rate 7.99% PA
Comparison Rate 8.27%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 Features
RedrawAdditional Information: Redraw permitted on application
OtherAdditional Information: Loan terms up to 5 years
OtherAdditional Information: Additional repayments permitted without penalty
OtherAdditional Information: No early repayment fee
Digital Banking
Product Eligibility
Residency StatusAdditional Information: Australian Citizens or permanent residents or as otherwise approved
Min Age - 18. Additional Information: Borrower must be minimum age of 18 years old
Natural PersonAdditional Information: Borrower must be a natural person
OtherAdditional Information: New motor vehicle only
Bank Fees and Charges
Cheque Issuing Fee (Event), Amount: 2.50. Additional Information: Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque
Default Administration Fee (Event), Amount: 50.00. Additional Information: Payable to us when the borrower (or security provider) has not performed an obligation on time including an obligation to pay money. This fee is payable monthly commencing one month after the obligation should have been performed and up to and including the month in which the obligation is performed. We debit this fees to tour loan account each month until the default is remedied.
Dishonour Fee (Event), Amount: 9.00. Additional Information: Payable to us when a payment (such as as a direct debit, salary deduction or cheque) is dishonoured
Duplicate Fee (Event), Amount: 20.00. Additional Information: Per copied document. Payable to us when we provide a copy of a document
Duplicate Statement Fee (Event), Amount: 7.00. Additional Information: Per statement. Payable to us when we provide a copy of a statement
Information Fee (Variable), Amount: 0.00. Additional Information: $1.00 per minute ($20.00 minimum fee). The fee will be calulated on the actual time spent retrieving and providing the information requested.Payable to us to provide information and that information is provided in writing
Loan Application Fee Personal Loan (Event), Amount: 200.00.
Photocopying Fee (Event), Amount: 0.50. Additional Information: Per sheet. Payable to use when we provide a photocopy of any document
Renegotiation Fee (Event), Amount: 300.00. Additional Information: Per renegotiation. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options
Security Substitution Fee (Event), Amount: 300.00. Additional Information: Per new security. Payable to us to substitute a new security for an existing one
Ppsr Search Fee (Variable), Amount: 0.00. Additional Information: Payable when we undertake a search of the Personal Property Security Register for a vehicle and/or equiment that we are taking as security
Ppsr Registration (Variable), Amount: 0.00. Additional Information: Payable when we register our interest in the Personal Property Security Register over a vehicle and/or equiment that we are taking as security
Limitations & Restrictions (Constraints)
Opening Balance of 5000.00 Additional Information: Minimum Loan Amount $5K
Max Balance of 50000.00 Additional Information: Maximum Loan Amount $50K
