Formerly known as Community Mutual Group, in 2016, this customer owned and focused establishment changed its name to Regional Australia Bank.
With a little help from Regional Australia Bank, Aussies have been making their financial dreams a reality for more than 45 years. So if you’ve got a big money goal to reach, check out the personal loan options from Regional Australia Bank below.
Rates and fees verified as correct at 27 January, 2020. Other information correct at the time of writing.
| Product | Interest rate from | Comparison rate from* | Upfront fee |
|---|---|---|---|
| Accelerator Car Loan (Variable, Secured) Regional Australia Bank | 7.49% p.a. | 8.83% p.a.based on $10,000 | $195 |
| Car Loan (Variable, Secured) Regional Australia Bank | 11.49% p.a. | 12.86% p.a.based on $10,000 | $195 |
| Enviro Loan (Variable, Unsecured) Regional Australia Bank | 6.95% p.a. | 8.28% p.a.based on $10,000 | $195 |
| Personal Touch Loan (Variable, Unsecured) Regional Australia Bank | 9.99% p.a. | 11.35% p.a.based on $10,000 | $195 |
| Unsecured Personal Loan (Variable) Regional Australia Bank | 15.99% p.a. | 17.40% p.a.based on $10,000 | $195 |
† 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.
Looking for a new vehicle to get from A to B? Make it happen with a car loan from Regional Australia Bank. There are fixed and variable rate options, which are available for terms ranging from 1 to 5 years. If you opt for the fixed rate Accelerator car loan, you can borrow amounts starting at $10,000 - if you opt for the variable rate offer, it starts as low as $5,000. You can also choose to make additional free repayments on either, as well as using the free redraw facility. Just don’t forget to plan for the upfront application fee.
Got your heart set on a new bathroom, an overseas holiday or a way to consolidate and pay down debt? Then check out the unsecured personal loan options from Regional Australia Bank. These loans are available with fixed or variable rates, and terms between 1 and 7 years. You won’t need to put up any assets as collateral, but don’t forget to account for the application fee. You’ll also get the chance to make free extra repayments, and use the free redraw facility to pay your loan off quicker and save on interest.
Extra repayments: Pay your loan off faster by making free additional repayments. Just keep in mind, if you choose a fixed rate loan, there may be an early break fee if you pay the whole loan off before the term is up.
Free redraw facility: Use too much of your cash to make extra repayments? You can get some of it back through the free redraw facility. Remember, a minimum redraw amount applies.
Flexible repayment schedule: Make your repayments on a weekly, fortnightly or monthly basis - whatever suits your budget and schedule.
Fees: The good news is there are no ongoing service fees on your Regional Australia Bank loan. But don’t forget to budget for the upfront application fee!
Now you know the facts, why not head over to our customer review section to get the lowdown on what real Aussies think of Regional Australia Bank? Find out how it stacks up in areas like customer service, trust and convenience.
When you’re ready to go ahead and apply for a personal loan with Regional Australia Bank, you’ll need to provide:
Also, don’t forget you’ll have to become a member before taking out a loan.
