Personal Loan

General Details

Car Loan Special > 2yrs Old

No minimum deposit required. Maximum term for used cars is 5 years subject to age of vehicle not exceeding 12 years at end of loan term.

Loan Details

Loan Type
FullyDrawnAdvance  
Permitted Purposes of Loan
To purchase a vehicle 2 - 7 yrs old  
Repayment Type
Principal & Interest  
Min. Loan Amount
$3,000.00  
Max. Loan Amount
$60,000.00  
Min. Loan Term
 
Max. Loan Term
7 years  
Available As Car Loan
Car Type
Used
Security Type
Vehicle  

Fees

Application Fee
$395.00  
-  
-  
-  
$20.00  
Monthly  
-  
$0.00  
-  
$0.00  
$82.50 loan documentation fee effective from 7 December 2020
Interest Rates

Listed Rates

 
5.49%  
5.49%  
5.49% 
5.49%  
5.49%  
5.49%  
5.49%  
5.49% 
5.49%  

Comparison Rates*

 
6.16% 
6.16% 
6.16% 
6.16% 
6.16% 
 
 

Car Loan Special > 2yrs Old

No minimum deposit required. Maximum term for used cars is 5 years subject to age of vehicle not exceeding 12 years at end of loan term.

More Information

Loan Type FullyDrawnAdvance
Permitted Purposes of Loan To purchase a vehicle 2 - 7 yrs old
Repayment Type Principal & Interest
Min. Loan Amount $3,000.00
Max. Loan Amount $60,000.00
Min. Loan Term 0
Max. Loan Term 7
Available As Car Loan
Car Type Used
Security Type Vehicle
Application Fee $395.00
Min. Entry Fee -
Max. Entry Fee -
Credit Line Fee -
Arrears Fee $20.00
Arrears Charged Monthly
Transaction Fees -
Monthly Service Fee $0.00
Exit Fee -
Early Termination Fee $0.00
Fee Notes $82.50 loan documentation fee effective from 7 December 2020
Variable  
Minimum 5.49% 
Maximum 5.49% 
1 Year Fixed 5.49% 
2 Year Fixed 5.49%  
3 Year Fixed 5.49%  
4 Year Fixed 5.49%  
5 Year Fixed 5.49%  
6 Year Fixed 5.49% 
7 Year Fixed 5.49%  
Variable Comparison  
1 Year Fixed Comparison 6.16% 
2 Year Fixed Comparison 6.16% 
3 Year Fixed Comparison 6.16% 
4 Year Fixed Comparison 6.16% 
5 Year Fixed Comparison 6.16% 
6 Year Fixed Comparison  
7 Year Fixed Comparison  

*The comparison rates in this table are based on a loan of $30,000 and a term of 5 years unless otherwise indicated in the product name with^, in which case, the comparison rate is based on a loan of $10,000 and a term of 3 years. The comparison rates are for unsecured personal loans only for the relevant amounts and terms. The comparison rates for car loans and secured personal loans are for secured loans unless indicated otherwise. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.