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BankVic home loans

BankVic is a member-owned bank that was founded by police officers in 1974. Today it serves police and emergency service workers as well as health workers and other public servants.

BankVic employs over 130 staff, has over 96,000 members and over $1 billion in assets, with a head office and branches in Melbourne. These branches offer services such as home and personal loans, credit cards, insurance and members can meet with BankVic financial planners for advice on a range of investment topics.

The bank was named the 2013 Money Magazine Credit Union of the Year.

Mark Bristow
Mark Bristow

Personal Finance Editor

Content updated

Product data updated

Why choose BankVic

Benefits

  • Wide variety of home loan options.
  • Flexible repayment options across most loans.
  • Relatively low interest rates.
  • Member-owned.

Drawbacks

  • Branch access limited to Melbourne.
  • Interest-only payments unavailable on some loans.

BankVic Home Loans

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Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.