Arab Bank Australia - Secured Personal Loan
Secured | Variable
The Arab Bank Australia Secured Personal Loan offers an advertised interest rate from 17.15% p.a. and a comparison interest rate from 18.11% p.a.. The Arab Bank Australia Secured Personal Loan is a Variable rate, Secured loan with a borrowing range of maximum $50,000 and a loan repayment term of between 1 and 5 years.
More Arab Bank Australia Secured Personal Loan details can be found below or visit Arab Bank Australia to learn more or apply.
A Secured loan with an advertised rate of 17.15% p.a. and comparison rate of 18.11% p.a.
Advertised Rate
17.15% p.a. Variable
Comparison Rate
18.11% p.a.
Loan Term
1 to 5 years
Borrowing Range
$50,000
Interest
Rate Type
Variable
Advertised Rate
17.15% p.a.
Variable
Comparison Rate
18.11% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Secured
Secured By
A car, boat, property, or a guarantee.
Loan Terms
Loan Term
1 to 5
years
Borrowing Range
$50,000
Repayment
Fortnightly, Weekly, Monthly
Features
Extra Repayments Allowed
Yes
Fees
Establishment Fee
$200
one off
Loan Service Fee
$8
per month
Who is the product designed for?
The objectives, needs, financial situation and eligibility criteria of customers in the target market are:
Objectives, needs and financial situation
- Individuals requiring the ability to purchase any worthwhile personal goods
- Adult children of existing clients who do not have any security but wish to borrow funds to purchase personal items
- Staff and any customer needing funds to purchase a new car, to consolidate their debts, or for any personal purpose
Eligibility criteria
The following is subject to the Bank’s lending criteria:
- New and existing customers
- Individuals who are 18 years of age or over
- Available only for private or domestic use and cannot be used for business purposes
- Successful completion of applicable Arab Bank Australia Limited (ABAL) identification check requirements
Visit Arab Bank Australia to view Target Market Determination Effective From: 2023-10-05.
Australia - © 2023 Fair Comparison Pty Ltd
Savrr.com is a trading name of Fair Comparison Pty Ltd. The 'compare' pages of this website are provided by Fair Comparison Pty Ltd (ABN 48 647 552 958, credit representative number 530417) as a credit representative of QED Credit Services Pty Ltd (Australian Credit Licence 387856) to compare a range of credit card, home loan, personal loan, and car loan products. Fair Comparison Pty Ltd may receive a fee if users click through, apply and/or successfully acquire a loan or credit card product from or through a product provider.
Fair Comparison provides information relating to credit products offered by banks and other credit providers. We are not providers of loan, credit, or any other financial products. While we aim to provide information about a variety of products, we do not provide information about all products or product features available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific products. Should you choose to apply for a product which is listed, you will deal directly with the provider of the product or its broker/representative. We aim to provide useful and up to date information, but you should always carefully check product information with the product provider prior to applying for or taking out a credit product. If you are unsure, you should seek clarification from the product provider or independent financial advice.
Global - © 2023 Fair Comparison Ltd
Savrr.com is a trading name of Fair Comparison Ltd. The ‘compare’ pages of this website are provided by Fair Comparison Ltd to compare a range of online trading platforms and products. Fair Comparison Ltd may receive a fee if users click through, apply and/or successfully apply for an online trading account or product.
Fair Comparison provides information relating to online trading platforms. We are not providers of loan, credit, or any other financial products nor are we an investment broker. While we aim to provide information about a variety of platforms or products, we do not provide information about all platforms or products available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific platforms or products. Should you choose to apply for a platform or product which is listed, you will deal directly with the platform or its broker/representative. We aim to provide useful and up-to-date information, but you should always carefully check information with the platform provider prior to opening an account or making a financial decision. If you are unsure, you should seek clarification from the platform or independent financial advice.