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- Secured Personal Loan
Secured Personal Loan
- 1 to 7 years
- Secured
- Fixed Rate
Interest rate p.a.
7.79%
Comparison rate* p.a.
8.51%
Secured Personal Loan
- 1 to 7 years
- Secured
- Fixed Rate
Interest rate p.a.
7.79%
Comparison rate* p.a.
8.51%
Calculate your repayments for this loan
Your estimated repayment
$937
based on 30000 loan amount for 3 years at 7.79%
Pros and Cons
For Secured Personal Loan
Benefits
- Lower than average rate
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
- Suitable for both new or used car
Drawbacks
- Service fee charged
- Higher than average application fee
Bendigo Bank Rate Personal Loan overview
For Secured Personal Loan
Details
Total repayments
$33,739
Interest rate type
Fixed
Borrowing range
$2k - $100m
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Target Market Determination
Visit Bendigo & Adelaide Bank Ltd to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
redraw activation fee of $0
Instant approval
Time to funding
N/A
Fees
Upfront fee
$150
Ongoing fee
$5 Monthly
Missed payment penalty
$35
Early exit penalty fee
$20 during first 7 years
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Debt consolidation
Renovation
Holidays
Medical bill
Shares
Student loan
Wedding
Promoted personal loan products
Low Rate Personal Loan Unsecured (Excellent Credit)
Real Time Rating™
- 2024 Award Winner
- 1 to 7 years
- Unsecured
- Fixed Rate
Interest rate p.a.
6.57%
up to 8.48%
Comparison rate* p.a.
7.19%
up to 13.58%
Australian Credit Licence 488228
Fees & charges apply
Unsecured Personal Loan (Excellent Credit) (Amount > $5000)
Real Time Rating™
- 2024 Award Winner
- 3 to 5 years
- Unsecured
- Fixed Rate
Interest rate p.a.
5.76%
up to 24.03%
Comparison rate* p.a.
6.55%
up to 24.99%
Australian Credit Licence 474726
Fees & charges apply
Unsecured Personal Loan (Excellent Credit)
Real Time Rating™
- 3 to 7 years
- Unsecured
- Fixed Rate
- No ongoing fees
Interest rate p.a.
7.24%
up to 9.39%
Comparison rate* p.a.
7.24%
up to 10.31%
Australian Credit Licence 286596
Fees & charges apply
No Fee Personal Loan
Real Time Rating™
- 2024 Award Winner
- Special
- 1 to 7 years
- Unsecured
Interest rate p.a.
6.75%
up to 26.95%
Comparison rate* p.a.
6.75%
up to 26.95%
Australian Credit Licence 411227
Fees & charges apply
Product data updated on 27 Apr 2024