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  3. Summerland Bank
  4. General Purpose Loan Unsecured

General Purpose Loan Unsecured

  • 0 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

11.49%

Comparison rate* p.a.

13.73%

General Purpose Loan Unsecured

  • 0 to 7 years
  • Unsecured
  • Variable Rate

Interest rate p.a.

11.49%

Comparison rate* p.a.

13.73%

Calculate your repayments for this loan

$

Your estimated repayment

$660

based on 30000 loan amount for 5 years at 11.49%

Pros and Cons

For General Purpose Loan Unsecured

Benefits

  • Lower than average application fees
  • Flexible repayment options
  • No security required
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

Drawbacks

  • Service fee charged

Summerland Bank Rate Personal Loan overview

For General Purpose Loan Unsecured

Details

Total repayments
Interest rate type

Variable

Borrowing range

$5k - $100m

Security type

Unsecured

Loan term

0 to 7 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Summerland Bank to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront fee

$175

Ongoing fee

$5 Monthly

Missed payment penalty

$0

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