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BankVic - Car Loan

Secured | Fixed | New or used car

The BankVic Car Loan offers an advertised interest rate of 8.99% p.a. and a comparison interest rate of 9.12% p.a.. The BankVic Car Loan is a Fixed rate, Secured loan with a minimum borrowing range of $10,000 and a loan repayment term of between 1 and 5 years.

More BankVic Car Loan details can be found below or visit BankVic to learn more or apply.

Compare our full range of Car LoansProduct Image For BankVic - Car Loan - Secured | Fixed | New or used car
A Secured loan with an advertised rate from 8.99% p.a. and comparison rate from 9.12% p.a.
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Advertised Rate

8.99% p.a. Fixed

Comparison Rate

9.12% p.a.

Loan Term

1 to 5 years

Borrowing Range

$10,000 to $85,000
Compare our full range of Car Loans

Interest

Rate Type
Fixed
Advertised Rate
8.99% p.a.
Fixed
Comparison Rate
9.12% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily

Loan Security

Loan Security
Secured
Secured By
Car

Loan Terms

Loan Term
1 to 5
years
Borrowing Range
$10,000 to $85,000
Repayment
Monthly, Weekly, Fortnightly

Features

Extra Repayments Allowed
Yes

Fees

Establishment Fee
$90
one off
Loan Service Fee
$0
per month
Early Repayment Fee
$0
per event

Who is the product designed for?

These customers are likely to have the following objectives, needs, financial situation for this product:

Objectives

  • Access funds for purchasing a new or used car
  • Repayments are set at a fixed rate for the period of the loan
  • No cost to make unlimited additional repayments or repay the loan amount at any time
  • Use overtime / penalty rates to increase borrowing power

Needs

  • Repayments are set at a fixed rate for the period of the loan
  • No cost to make unlimited additional repayments or repay the loan amount at any time
  • Easy and convenient ways to make loan repayments

Financial situation

  • Has sufficient disposable income to service the loan
  • Regular income may include overtime and bonuses
Savrr Comparison & Discount Codes
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