8.8 / 10

based on 425 reviews as rated by Mozo community

BankVic personal loans

After a new loan for a car, boat or home renovation? BankVic’s got a range of personal loan options for you to choose from. While BankVic’s roots are in Victoria, it doesn’t mean you have to be. Anyone can become a member of BankVic to take advantage of its personal loans as long as you meet the application criteria, are over the age of 18 and become a BankVic member. Below is a summary of the loans available that we compare, but you can also check out our full personal loan comparison tool to see how BankVic’s rates and fees compare with other lenders.

BankVic offers the following personal loans

Rates and fees verified as correct at 25 November, 2020. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee
Car Loan (Fixed, Secured)

6.99% p.a.

7.12% p.a.based on $30,000
over 5 years

$90

Unsecured Personal Loan (Fixed)

9.95% p.a.

10.57% p.a.based on $10,000
over 3 years

$90

Unsecured Personal Loan (Variable)

9.95% p.a.

10.57% p.a.based on $10,000
over 3 years

$90

WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

Comparing BankVic personal loans - what you need to know


How are BankVic personal loans rated?

Mozo users have rated BankVic personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
BankVic personal loans
Overall
8.2/10
Price
Features
Customer service
Convenience
Trust

10 Reviews

Recent BankVic personal loan reviews

BankVic Personal Loan review
Overall 5/10
They care

Very good for the common person.

Read full review

Very good for the common person.

Price
8/10
Features
5/10
Customer service
7/10
Convenience
5/10
Trust
7/10
Less
Mark, Victoria reviewed about 5 years ago
BankVic Personal Loan review
Overall 9/10
Competitive premiums and great customer servicer

Good.

Price
8/10
Features
9/10
Customer service
8/10
Convenience
9/10
Trust
8/10
Less
Charles, Northern Territory reviewed about 5 years ago
BankVic Personal Loan review
Overall 4/10
Service by staff is above average

For members only, I don't think they really have tried with their interest rates.

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For members only, I don't think they really have tried with their interest rates.

Price
4/10
Features
3/10
Customer service
6/10
Convenience
6/10
Trust
7/10
Less
Margaret, Victoria reviewed over 5 years ago
BankVic Personal Loan review
Overall 7/10
Truly happy with their service

BankVic have really looked after me. Their one on one service is really something I appreciate with this bank. Here you are treated as a person and not a number.

Read full review

BankVic have really looked after me. Their one on one service is really something I appreciate with this bank. Here you are treated as a person and not a number.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
6/10
Trust
7/10
Less
James, Victoria reviewed over 5 years ago

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