Defence Bank Low Rate Car Loan

5.69% p.a.to 8.64% p.a.

6.55% p.a.to 9.76% p.a.based on $30,000
over 5 years

$207

Rates

  • Variable

  • 5.69% p.a.variable

  • 6.55% p.a.to 9.76% p.a.based on $30,000
    over 5 years

Fees

  • $206.80

  • $10.00

  • $20.00

  • $0.00

  • $0.00

Other financial bits

  • $1,000.00

  • none

  • 1 Year

  • 7 Years

  • Vehicle

Features

  • Weekly, Fortnightly, Monthly

  • yes

  • yes

  • Available for new cars or used cars up to 5 years old. 20% deposit required for lowest advertised rate.

  • none

About Defence Bank

Defence Bank was originally set up to provide financial products and services to members of the Defence force and their families. Now catering to the defence community and general public, Defence Bank offer services in savings and investment accounts, personal loans, home loans, credit cards, debit cards, term deposits and car insurance.

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

Product Type Overall Rating Price Features Service Convenience Trust
5.5

Based on 4
Defence Bank personal loans reviews

4.8 4.8 5.8 6.0 5.8

Read Defence Bank personal loan reviews by the Mozo community

Latest review of Defence Bank Low Rate Car Loan

Defence Bank

Defence Bank Low Rate Car Loan (Variable, Secured) personal loan review

Overall rating   10 / 10

No nasty surprises and ever-professional service!

Defence Bank's personal loan is a fantastic product, there are no hidden fees or charges, no unwanted insurance and no penalties for paying out early... Plus the interest rates are really good!

Full review

Defence Bank's personal loan is a fantastic product, there are no hidden fees or charges, no unwanted insurance and no penalties for paying out early... Plus the interest rates are really good!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   10 / 10

Less

Alicia (ACT), reviewed over 5 years ago

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. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

*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. 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.

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