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  4. Overdraft

Overdraft

  • 0 to 10 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

12.79%

Comparison rate* p.a.

13.43%

Overdraft

  • 0 to 10 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

12.79%

Comparison rate* p.a.

13.43%

Calculate your repayments for this loan

$

Your estimated repayment

$679

based on 30000 loan amount for 5 years at 12.79%

Pros and Cons

For Overdraft

Benefits

  • Flexible repayment options
  • No security required
  • Can apply online
  • Use the loan for any worthwhile purpose

Drawbacks

  • Service fee charged
  • Cannot apply in branch

Bank First Rate Personal Loan overview

For Overdraft

Details

Total repayments
Interest rate type

Variable

Borrowing range

$500 - $100m

Security type

Unsecured

Loan term

0 to 10 years

Secured by

Loan type

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Bank First - Victoria Teachers Limited to view Target Market Determination.

Features

Extra repayments

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront fee

$195

Ongoing fee

$60 Annually

Missed payment penalty

$20

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Debt consolidation

Renovation

Holidays

Medical bill

Shares

Student loan

Wedding

FAQs