Product | Interest rate from | Comparison rate from | Upfront fee |
---|---|---|---|
Green Personal Loan (Fixed, Secured) |
5.49% p.a. |
5.84% p.a.based on $30,000 |
$250.00 |
Green Personal Loan (Fixed, Unsecured) |
7.49% p.a. |
8.52% p.a.based on $10,000 |
$150.00 |
Secured Personal Loan (Fixed) |
7.79% p.a. |
8.51% p.a.based on $30,000 |
$250.00 |
Student Secured Personal Loan (Fixed) |
7.79% p.a. |
7.93% p.a.based on $30,000 |
$100.00 |
Student Unsecured Personal Loan (Fixed) |
9.99% p.a. |
9.99% p.a.based on $10,000 |
$0.00 |
Unsecured Personal Loan (Fixed) |
12.79% p.a. |
14.89% p.a.based on $10,000 |
$150.00 |
Secured and unsecured “Green” personal loans:
Dubbed the “Green” Personal Loan, this product is unique because it will only finance environmentally-friendly purchases. Buying a five star rated vehicle, installing solar hot water in your home, or decking your place out with energy saving white goods are all considered worthy reasons to take out a Green Personal Loan. There are two versions of this loan - secured and unsecured. While both have competitive fixed interest rates, if you secure an asset against the loan you’ll receive a much lower rate. Because the interest rate won’t change for the entire loan term, you’ll know what repayments will look like from the get-go. Loan amounts start from $2,000 and are repaid on one to seven year loan terms. Bendigo Bank accepts extra loan repayments with all Green Personal Loans, and you can dip into them via a free redraw facility. If you decide to bring the balance down to zero before the total is due, you’ll only pay a $20 fee. Apart from the initial signup cost, there are no ongoing fees.
Secured and unsecured personal loans:
If you don’t need credit to buy a “green” item, but to pay for a home reno or car instead, consider Bendigo Bank’s secured and unsecured loans. The product features of these loans are identical to the Green version described above. You just pay a little more in interest with a higher rate.
To take out a loan with Bendigo Bank, just visit one of its many branches, apply over the phone or online. Web applications can be saved and returned at a later date.
To apply for a personal loan with Bendigo Bank you will need:
Mozo users have rated Bendigo Bank personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
As a 20-year-old student working part-time, my budget doesn’t stretch to a Tesla, but my eco-conscious spirit is always looking for ways to contribute positively to the planet. I recycle religiously, choose public transport over driving, support local produce, and my coffee cup is as reusable as my enthusiasm for sustainability. Discovering Bendigo Bank’s Secured Green Personal Loan felt like striking eco-gold. It’s not just a financial product; it’s a statement that aligns with my values. This loan enabled me to invest in a modest, energy-efficient vehicle without the guilt of a hefty carbon footprint or financial strain. The application process was surprisingly straightforward — no endless paperwork forests were harmed! Bendigo’s team understood my student constraints and environmental passion, offering me a plan that’s as green in ethos as it is in repayment. In a nutshell, Bendigo Bank’s green loan is perfect for young environmentalists like myself who want to make a difference while making ends meet. It’s a solid step towards a greener future, both for the planet and my finances
Read full reviewAs a 20-year-old student working part-time, my budget doesn’t stretch to a Tesla, but my eco-conscious spirit is always looking for ways to contribute positively to the planet. I recycle religiously, choose public transport over driving, support local produce, and my coffee cup is as reusable as my enthusiasm for sustainability. Discovering Bendigo Bank’s Secured Green Personal Loan felt like striking eco-gold. It’s not just a financial product; it’s a statement that aligns with my values. This loan enabled me to invest in a modest, energy-efficient vehicle without the guilt of a hefty carbon footprint or financial strain. The application process was surprisingly straightforward — no endless paperwork forests were harmed! Bendigo’s team understood my student constraints and environmental passion, offering me a plan that’s as green in ethos as it is in repayment. In a nutshell, Bendigo Bank’s green loan is perfect for young environmentalists like myself who want to make a difference while making ends meet. It’s a solid step towards a greener future, both for the planet and my finances
The Bendigo bank customer service is outstanding I have never had an issue I recommend them to everyone
Read full reviewThe Bendigo bank customer service is outstanding I have never had an issue I recommend them to everyone
The bank with no heart. We currently have our home loan with Bendigo and are well ahead on repayments. Recently my son needed emergency dental surgery which came with a $4500 price tag. Bendigo Bank denied our application for a personal loan, refused to make a face to face appointment as there was "no point" and gave no explanation for the rejection. They were incredibly rude over the phone and we could not be more disappointed in the whole experience. Fortunately a relative came to the rescue with a loan and a zero interest rate.
Read full reviewThe bank with no heart. We currently have our home loan with Bendigo and are well ahead on repayments. Recently my son needed emergency dental surgery which came with a $4500 price tag. Bendigo Bank denied our application for a personal loan, refused to make a face to face appointment as there was "no point" and gave no explanation for the rejection. They were incredibly rude over the phone and we could not be more disappointed in the whole experience. Fortunately a relative came to the rescue with a loan and a zero interest rate.
This bank will not provide an unsecured personal loan to retirees who rely on their superannuation for all their living expenses.They claim superannuation is for living purposes. But isn’t paying off a loan a living expense?
Read full reviewThis bank will not provide an unsecured personal loan to retirees who rely on their superannuation for all their living expenses.They claim superannuation is for living purposes. But isn’t paying off a loan a living expense?