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.

BankVic home loan calculator  

Interested in a BankVic home loan? RateCity has a suite of calculators that can show you what your repayments would be and how BankVic compares to its competitors. Simply plug in your borrowing amount below. 

  • Wide variety of home loan options.
  • Flexible repayment options across most loans.
  • Relatively low interest rates.
  • Member-owned.
  • Branch access limited to Melbourne.
  • Interest-only payments unavailable on some loans.
BankVic customer service:

BankVic members are able to contact the bank on specialised lines that cover products such as car and personal loans, home loans and insurance. There is also a direct line for those wanting to speak to a financial planner. Customers can make online enquiries, or visit or phone a branch for any immediate or important queries.

  • Customer service centre (phone)
  • Mobile app
  • Online banking
  • Email
  • Live Chat
  • Branch
  • Mobile banking staff

BankVic home loans

How to Apply

BankVic allows potential borrowers to apply for a loan in a number of ways, including online, by phone or by visiting a BankVic branch. There is also the option to make an appointment with a mobile lender. As BankVic is a member-owned bank, applicants will have to become a BankVic member to take out a loan. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This will include: 

  • Personal identification material.
  • Proof of employment and income.
  • Information on any current loans or debts you currently have.
  • Asset details, such as land, house, vehicles, savings, shares and super.
Compare your product with the big 4 banks, or add more products to compare
As seen on