Bendigo Bank logo
Mini meca 2024

Bendigo Bank Green Personal Loan (Fixed, Secured)

Advertiser disclosure
Interest rate from
5.49% p.a.
Comparison rate from
5.84% p.a.based on $30,000
over 5 years
Upfront fee
$250.00

Mozo editorial review Bendigo Bank Green Personal Loan (Fixed, Secured) - last updated: 23 May 2024

binocular icon
What's hot
  • Fixed rates start from 5.49% p.a. (5.84% p.a. comparison rate*)
  • Redraw facility
What's not
  • A number of fees
Mozo snapshot

Borrowers looking to purchase an environmentally friendly home improvement such as rainwater tank or solar panels should check out Bendigo Bank’s Green Personal Loan. Not only does it have a low starting loan amount of $2,000, but it also has a tonne of neat features including a redraw facility and flexible repayment schedule.

key icon
Key features

Enjoy going green while benefiting from low fixed rates that start from 5.49% p.a. (5.84% p.a. comparison rate*) with Bendigo Bank’s Green Personal Loan. The loan term is for a minimum of 1 year up to a maximum of 7 years, and it comes with handy features such as a free redraw facility and the ability to choose whether you’d like to make weekly, fortnightly, or monthly repayments. 

As this is a secured loan, borrowers will be required to provide their vehicle as security against the loan. In saying that, you may be eligible to take out a larger loan amount and keep to a lower interest rate due to this security.

The catch is, while there are no exit fees, borrowers will have to shell out on application and service fees - and if you make a late or early repayment, this can potentially attract additional fees too.

snapshot
Who is it good for

This loan could be suitable if you're looking to make the green upgrades to your home.

question icon
Any catches

There are some fees that borrowers may want to factor into the budget, such as the application and service fees.

Details

Rates and fees information correct as at 25 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Fixed

5.49% p.a. fixed

5.84% p.a.based on $30,000
over 5 years

Fees

$250.00

$5.00

$35.00

$0.00

$20

Other financial bits

$2,000.00

none

1 Year

7 Years

Vehicle

Features

-

Weekly, Fortnightly, Monthly

yes

yes

Must be used on environmentally friendly items incl solar hot water, greywater systems, water tanks, efficient appliances, insulation, and more.

none

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.

Customer Reviews

How are Bendigo Bank personal loans rated by the Mozo community?

Overall
8.2/10
Price
7.3/10
Features
6.9/10
Customer service
8.4/10
Convenience
8.0/10
Trust
8.3/10
Based on 208 Bendigo Bank personal loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of Bendigo Bank Green Personal Loan (Fixed, Secured)

About Bendigo Bank

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Jacaranda Finance
Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Debt Consolidation

6.57% p.a.to 18.99% p.a.

7.19% p.a.to 19.39% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for loans.com.au
loans.com.au

New Car Loan - Special

8.19% p.a.

9.30% p.a.based on $30,000
over 5 years

Thumbnail icon for Jacaranda Finance
Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for loans.com.au
loans.com.au

Clean Green Car Loan

7.69% p.a.

8.80% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for Jacaranda Finance
Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

9.14% p.a.to 11.19% p.a.

9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Compare other personal loans