BankVic

Car loan

Get on the road sooner with a low-rate car loan. Plus, you'll have peace-of-mind knowing there are no hidden fees.

Overview

Benefits

You can enjoy the following benefits:

  • competitive  fixed rate loans
  • interest calculated daily and debited monthly in arrears
  • ability to make unlimited additional repayments
  • no penalties for early repayments
  • easy payment through direct credit or regular payments from your BankVic account
  • flexible repayment options – weekly, fortnightly or monthly.

Eligibility

To be eligible, you must:

  • be a BankVic member
  • be 18 years and over, and
  • meet our credit assessment criteria.

Features

Features of our car loan include:

  • minimum loan amount: $10,000
  • optional loan cover insurance (consumer credit insurance)
  • loan portability available.

Rates & fees

Rates

 Rate paComparison rate pa
Fixed secured
6.99%7.12%

Rates effective 12 Dec 2016 and subject to change at any time. Minimum loan amount:  $10,000. 
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate has been calculated for a secured new or used car loan for an amount of $30,000 over a term of 5 years. All BankVic car loans are secured by a goods security agreement.

Fees & charges

Refer to Fees & Charges (PDF) for information on current fees & charges.

Apply now

3 easy ways to apply

Before you apply...

We recommend that you read our Credit Guide (PDF).

Comparison Rates: WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate has been calculated for a secured new or used car loan for an amount of $30,000 over a term of 5 years. All BankVic car loans are secured by a goods security agreement. Any advice has been prepared without taking account of your objectives, financial situation or needs. Before acting on the advice you should consider whether the advice is appropriate for you. Before you make any decision to acquire any product or service you should obtain and consider the relevant Product Disclosure Statement available on our website, at a branch or by calling 13 63 73. As an AFSL holder, BankVic sells general insurance products under an agreement with CGU Insurance Limited ABN 27 004 478 371 AFSL 238291. Terms, conditions, limits and exclusions apply. If you purchase insurance we will receive a commission that is a percentage of the premium. Fees and Charges apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.

BSB: 704-230

Police Financial Services Limited - ABN 33 087 651 661
AFSL 240293 Australian Credit Licence 240293
General Enquiries 13 63 73
Copyright 2017