Term Deposit Secured Loan
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Your savings will earn interest in a Term Deposit and provide 100% security for your loan. This is a great way to keep your savings intact while you borrow at a low rate.
4.45% pa interest rate
4.65% pa comparison rate*
- You get a low rate of interest on your loan whilst still earning interest on your term deposit
- No monthly account keeping fees
- Early repayment without penalty
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Additional Product Information: |
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* Comparison rates are calculated on a loan amount of $10,000 over a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
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| Term Deposit Secured Loan |
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| Interest Rates | | Variable Interest Rate | 4.45% pa | | Comparison Rate | 4.65% pa | | Features | | Redraw Facility | Yes | | Redraw Fee | $0 | | Minimum Amount | $1,000 | | Maximum Amount | $80,000 | | Loan period | 7 | | Establishment Fee | $150 | | Account keeping fees | No | | Early repayments without penalty | yes |
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