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- Bank of Melbourne
- Unsecured Personal Overdraft
Unsecured Personal Overdraft
- 0 to 10 years
- Unsecured
- Variable Rate
- Instant approval
Interest rate p.a.
14.99%
Comparison rate* p.a.
15.76%
Unsecured Personal Overdraft
- 0 to 10 years
- Unsecured
- Variable Rate
- Instant approval
Interest rate p.a.
14.99%
Comparison rate* p.a.
15.76%
Calculate your repayments for this loan
$
Your estimated repayment
$17
based on 500 loan amount for 3 years at 14.99%
Pros and Cons
For Unsecured Personal Overdraft
Benefits
- Flexible repayment options
- No security required
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
- Approval is instant
Drawbacks
- Service fee charged
Bank of Melbourne Rate Personal Loan overview
For Unsecured Personal Overdraft
Details
Total repayments
Interest rate type
Variable
Borrowing range
$500 - $20k
Security type
Unsecured
Loan term
0 to 10 years
Secured by
Loan type
Repayment frequency
Weekly, Fortnightly, Monthly
Target Market Determination
Visit Bank of Melbourne to view Target Market Determination.
Features
Extra repayments
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$0
Ongoing fee
$5 Monthly
Missed payment penalty
$0
Early exit penalty fee
$0
