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- Bank of Melbourne
- Unsecured Personal Loan Fixed
Unsecured Personal Loan Fixed
- 1 to 7 years
- Unsecured
- Fixed Rate
- Instant approval
Interest rate p.a.
6.89%
up to 19.99%
Comparison rate* p.a.
7.81%
up to 20.83%
Unsecured Personal Loan Fixed
- 1 to 7 years
- Unsecured
- Fixed Rate
- Instant approval
Interest rate p.a.
6.89%
up to 19.99%
Comparison rate* p.a.
7.81%
up to 20.83%
Calculate your repayments for this loan
$
Your estimated repayment
$2,594
based on 30000 loan amount for 1 year at 6.89%
Pros and Cons
For Unsecured Personal Loan Fixed
Benefits
- Lower than average application fees
- Flexible repayment options
- No security required
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
- Approval is instant
Drawbacks
- Service fee charged
Bank of Melbourne Rate Personal Loan overview
For Unsecured Personal Loan Fixed
Details
Total repayments
$31,131
Interest rate type
Fixed
Borrowing range
$2k - $50k
Security type
Unsecured
Loan term
1 to 7 years
Secured by
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Target Market Determination
Visit Bank of Melbourne to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$150
Ongoing fee
$10 Monthly
Missed payment penalty
$15
Early exit penalty fee
Fee Applies
