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Student Loan

BankVic

Borrowing Amount
You must enter a value less than $10k
Loan term
Advertised Rate9.75%fixed
Comparison Rate10.37%
Monthly Repayment$964
Loan amount$1k to $10k
Pros
  • No ongoing fees
  • No early exit penalty
  • Can apply online
  • Can apply in branch
Cons
  • Application fee charged

Suitable For

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Student Loan
Student Loan
Debt Consolidation
Debt Consolidation
Renovation
Renovation
Shares
Shares
Holidays
Holidays
Medical Bill
Medical Bill
Wedding
Wedding

Loan Fees

Upfront Fee
Upfront Fee$90
Ongoing Fee
Ongoing Fee$0
Early Exit Penalty Fee
Early Exit Penalty Fee$0
Missed Payment Penalty
Missed Payment Penalty$0
Redraw Activation Fee
Redraw Activation Fee$0

Loan Profile

Repayment Type
Repayment TypeFixed
Loan Type
Loan TypeUnsecured
Secured by vehicle
Secured by vehicle
Secured by property
Secured by property
Security by bank deposits
Security by bank deposits
View Repayment Schedule

Features Flexibilities

Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Line of Credit
Line of Credit
Other Benefits
Other Benefits
Other Restrictions
Other Restrictionsbe studying full time at an Approved Tertiary Education Institution (University or TAFE) and a course not less than 12 months in duration
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