BankVic Standard Variable Home Loan

The details shown below are for an owner occupier taking out a principal & interest loan between $20,000 and $1,000,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest, interest only loan between $20,000 and $1,000,000 with an LVR below 95%

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $20,000 $1,000,000

  • Investor (Principal & Interest, Interest Only)

    LVR < 95%

    Loan: $20,000 $1,000,000

4.59% p.a.

4.63% p.a.

$0.00

BankVic Standard Variable Home Loan

4.59% p.a.

4.63% p.a.

$0.00

5.19% p.a.

5.23% p.a.

$0.00

BankVic Standard Variable Home Loan

5.19% p.a.

5.23% p.a.

$0.00

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 4.59% p.a.

  • n/a

  • 0 Months

  • none

  • 4.63% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $195.00

Other financial bits
  • $20,000

  • $1,000,000

  • none

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $50.00

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.19% p.a.

  • n/a

  • 0 Months

  • none

  • 5.23% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $195.00

Other financial bits
  • $20,000

  • $1,000,000

  • none

  • 95.00%

Features
  • Investor

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $50.00

  • yes

  • no

  • none

  • none

Customer Reviews

How are BankVic home loans rated by the Mozo community?

Overall customer rating
8.6/10
Price
8.0/10
Features
7.7/10
Customer service
8.7/10
Convenience
7.6/10
Trust
8.7/10

Latest reviews of BankVic Standard Variable Home Loan

  • Overall
    10/10
    Great people, expertise and excellent service.

    BankVic (formerly Police Credit) is an excellent, honest and competitive bank with an emphasis on...

    BankVic (formerly Police Credit) is an excellent, honest and competitive bank with an emphasis on customer service. We have had our personal and home loans through them for several years and have had other people, such as our conveyancer describe them as being excellent to work with. When you call them you can always get a person that you can have a conversation and joke with if you like and everything gets sorted quickly. Their products offer a great balance of features and competitiveness. They won't be the cheapest in the market but they don't sting you with hidden fees and charges either. Improvements; the main things they could improve are their network of fee-free ATMS and their online platform. They especially need to implement 2-factor authentication for the banking platform, as I think they are probably the only bank that doesn't at this point. Although, they do ring you quickly re any suspect transactions.

    Price
    9/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    10/10

    David | VIC

    25 Sep 2015

  • Overall
    8/10
    Personable, efficient and professional service

    BankVic have great customer service. They are reliable, informative and very helpful. The only...

    BankVic have great customer service. They are reliable, informative and very helpful. The only negative is that they don't have many branches open on Saturdays.

    Price
    8/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Marie | VIC

    24 Mar 2014

  • Overall
    1/10
    Terrible valuation

    BankWest underestimated property valuation far from other banks. I had applied for refinance and...

    BankWest underestimated property valuation far from other banks. I had applied for refinance and found Bankwest undervaluing property atleast 50k less than other banks. How come such a big difference? Shame on business for not giving a fair go to customers and not even reasoning why.

    Price
    1/10
    Features
    0/10
    Customer service
    1/10
    Convenience
    0/10
    Trust
    0/10

    Mozo reviewer | WA

    30 Oct 2013

  • Overall
    10/10
    The best customer service!

    I love BankVic! Great rates, friendly service and a range of competitive products.

    I love BankVic! Great rates, friendly service and a range of competitive products.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Scott | VIC

    11 Oct 2013

  • Overall
    10/10
    Rates were excellant and the service on the phone

    I asked for a home loan by the phone and it was set up for me with only one visit to sign the...

    I asked for a home loan by the phone and it was set up for me with only one visit to sign the paper work, and they rang me to let me know it had been approved. No Fuss No Bother and always notified of any increases or decreases right away. I have been with the PC union for about 16 to 18 years now and could not speak more highly of them, they are always very polite and very help full. Something the big banks should take note of.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Sue | VIC

    07 May 2012

BankVic

About BankVic

BankVic, formerly the Police Credit Union VIC, is a mutual bank wholly owned by its members. BankVic offers financial services for people working in police, health, emergency and public services along with their family and friends. Personal banking products available at BankVic include credit cards, home loans, insurance and financial advice.

See BankVic home loans

*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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.