Australian Military Bank are Australia’s longest running Defence financial institution established in 1959. The bank is a mutual organisation run to benefit members, who are also shareholders. Currently there are 50,000 members and over 30 branches Australia wide at major Defence bases. Australian Military Bank focuses on providing low fees and competitive interest rates on their products. They offer everything from home loans to everyday and savings accounts. While the bank is designed for military members and their families, anyone is able to join.
Australian Military Bank car loan repayment calculator
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Australian Military Bank Car Loans rates
There are four different ways you can get a car loan. You can go straight to a lender. You can get a finance broker to organise a car loan for you. You can get ‘dealer finance’ – which is when the car dealer organises a car loan for you. Or you can organise your own car loan through a comparison website, like RateCity.
Whichever method you choose, you will need to provide proof of identification, proof of income and proof of savings. So you may be asked for any combination of passport, driver’s licence, bank statements, payslips, tax returns and utility bills. You might also be asked to provide proof of insurance.