Bendigo Bank Personal Loans

Rates and Fees verified correct on June 24th, 2016

Bendigo Bank offers personal loans to suit a wide variety of borrowing needs.

Founded in 1858, Bendigo Bank offers a wide range of banking products and services to its customers. Its suite of products includes home loans, funds management, Internet banking and credit cards. Bendigo Bank also has a range of personal loans tailored to help you meet both your current and future financial needs. If you are looking to buy a car, go on a holiday, refinance debt or meet other financial obligations, a Bendigo Bank personal loan could be just what you’re looking for.

Compare personal loans offered by Bendigo Bank

Rates last updated June 24th, 2016
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Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
Bendigo Bank Unsecured Personal Loan
Perfect for your dream holiday or any number of needs where you don't offer security.
From 12.79% (fixed) 14.89% $2,000 1 to 7 years $150 More
Bendigo Bank Secured Car Loan
Perfect for buying a new or used vehicle, or to refinance an existing car loan.
From 7.79% (fixed) 8.64% $2,000 1 to 7 years $150 More
Rates last updated June 24th, 2016
$
Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
NAB Personal Loan Unsecured Variable Rate
A low interest rate loan with redraw facility to access money you've paid in advance.
From 13.69% (variable) 14.56% $5,000 1 to 7 years $150 Go to site More
HSBC Personal Loan
A competitive fixed interest rate loan with the option to make extra repayments. Min. income $30,000
From 11.99% (fixed) 12.54% $5,000 1 to 5 years $150 Go to site More
RACQ Unsecured Loan
An unsecured personal loan offering with terms up to 7 years.
From 13.95% (fixed) 14.51% $5,000 1 to 7 years $360 Go to site More
Latitude Personal Loans (Unsecured)
Can be used for whatever purpose: renovating, buying a car, booking a holiday. Funds can be in your account in as little as 24 hours.
From 13.99% (fixed) 15.2% $3,000 2 to 7 years $250 (Loans under $4000 - $140) Go to site More
ANZ Fixed Rate Personal Loan
A flexible loan option allowing you to take out a loan to pay off your debt, buy a car, fix up your house, or travel - paying for your next holiday.
From 13.95% (fixed) 14.81% $5,000 1 to 7 years $0 (apply by 28th July 2016) Go to site More
now FINANCE Personal Loans
Get rewarded with a low interest rate for your good credit history.
From 11.95% (fixed) 16.95% $4,000 1.5 to 7 years $395 (Based on $10k) Go to site More
Commonwealth Bank Fixed Rate Personal Loan
Fixed interest rate and repayments for the life of the loan. Make extra repayments up to an additional $1,000
From 13.9% (fixed) 14.77% $5,000 1 to 7 years $150 Go to site More
CUA Variable Rate Personal Loan
Enjoy a competitive interest rate, flexible repayment options and no monthly fees.
From 12.99% (variable) 13.84% $1,000 1 to 7 years $120 Go to site More
St.George Get Set Loan Personal Loan
The St.George Get Set Personal Loan is a revolving line of credit you can access for extra funds when you need them.
From 13.75% (variable) $5,000 $150 Go to site More
NAB Personal Loan Unsecured Fixed
An unsecured loan available for a wide range of purposes for a long period of time up to 7 years.
From 14.19% (fixed) 15.06% $5,000 1 to 7 years $150 Go to site More
ANZ Variable Rate Personal Loan
Access a variable rate loan with redraw feature from ANZ
From 14.69% (variable) 15.55% $5,000 1 to 7 years $0 (apply by 28th July 2016) Go to site More
  • Secured Personal Loan. Suited for purchasing a new or second-hand car, you can also use a car you currently own as security for this loan. As it's secured, it comes with a competitive fixed rate. This loan is available with a competitive fixed rate for terms up to 7 year(s)
  • Unsecured Personal Loan. With no requirement for security, this loan is suited for financing your holiday or home refurbishment needs. It comes with a slightly higher fixed interest rate because it is unsecured.
  • Generation Green Personal Loan. This is an innovative type of personal loan from Bendigo Bank that rewards you each time you make an environmentally-friendly purchase. You will get a discount of 1% p.a. on your personal loan fixed rate if you use your loan to purchase any of the 12 environmentally-friendly products specified by the company. You can opt for either a secured or unsecured variant of the loan. Some of the products you can buy include double glazings, environmentally-friendly vehicles, greywater treatment systems and water storage tanks.

Features and benefits of a Bendigo Bank personal loan

  • Inclusion of redraw facilities. Bendigo Bank personal loans come with redraw facilities. You are able to make extra repayments on top of the normal minimum repayments, then the redraw facility lets you access that additional amount if you will need it in future. Since it is based, the Bendigo Bank redraw facility give you the flexibility to access funds whenever you need them.
  • Flexible loan repayment schedule. Bendigo Bank personal loans come with the flexibility to make repayments according to your preferences – weekly, fortnightly or monthly. This means that you can make unlimited additional repayments and pay off your loan within the shortest time possible.
  • Low minimum amount. Bendigo Bank personal loans are designed so that you can borrow as little as $2,000.
  • Extended period of repayment. You will be given between 1 and 7 years to complete your loan repayment.

What other products does Bendigo Bank offer?

  • Transaction accounts. Bendigo Bank has a wide range of flexible transaction accounts tailored to suit everyday banking requirements. These accounts are designed to offer convenient access to your money.
  • Credit cards. Bendigo Bank has a wide assortment of credit cards ranging from the Low Rate Basic Credit Card to the all-inclusive Platinum Card.
  • Savings accounts. If you are looking for a saving account to store and grow your money, Bendigo Bank offers accounts with easy access and competitive rates.
  • Home loans. Bendigo Bank offers a suite of home loans designed to suit your needs for a new home or investment property.
  • Other products. Some other products offered by Bendigo Bank include insurance, travel and international payments, and term deposits.

How to apply for a personal loan from Bendigo Bank

Ready to apply for a Bendigo Bank personal loan? You can get the process started by clicking "Go to Site".

To be eligible for a Bendigo Bank personal loan you:

  • Have to be at least 18 years of age
  • Must be an Australian citizen or a permanent resident of Australia
  • Have to be in paid employment
  • Must have a good credit history
  • Shouldn't be using the personal loan for business or other commercial reasons
  • Should not apply for the loan through a third party

You will need to provide information on your income and employment details, details of assets and commitments, and your driver’s licence. Once you’ve successfully completed your application, it will be reviewed and you will receive communication on its status.

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This page was last modified on 12 February 2016 at 15:12.

HSBC Personal Loan

A competitive fixed interest rate loan with the option to make extra repayments. Min. income $30,000

NAB Personal Loan Unsecured Variable Rate

A low interest rate loan with redraw facility to access money you've paid in advance.

Latitude Personal Loan (Secured)

Can be used for whatever purpose: renovating, buying a car, booking a holiday. Funds can be in your account in as little as 24 hours.

CUA Variable Rate Personal Loan

Enjoy a competitive interest rate, flexible repayment options and no monthly fees.

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8 Responses to Bendigo Bank Personal Loans

  1. Default Gravatar
    Lilly | May 4, 2016

    Hi,
    I need to borrow 40,000 to consolidate my credit cards and personal loans.
    I work permanently 24hrs per week and receive a partial disability pension.
    Can you please give me some advice.

    • Staff
      Elizabeth | May 4, 2016

      Hi Lilly,

      Unfortunately I’m unable to offer you any personal advice, but you’re able to apply for this personal loan as long as you meet the minimum eligibility criteria:

      You are over 18 years of age
      You are an Australian citizen or permanent resident
      You are in paid employment (subject to Bendigo Bank’s Lending Criteria)
      There is no more than 2 applicants for this application
      You are listed on the loan as a borrower (Bendigo Bank is unable to accept applications completed by a third party or guarantor via this medium)
      You have a credit history free of payment default, court judgements or bankruptcy

      Keep in mind that your financial situation will be considered by Bendigo Bank when you’re being approved for the loan and it’s important to consider if you can afford the repayments before you apply. If you’re looking for more information you might want to contact Bendigo Bank directly.

      Hope this has helped,

      Elizabeth

  2. Default Gravatar
    | March 31, 2016

    I need to borrow $10000 I’m on centrelink and have a part time job Cash in hand so I have statements that only have newstart each fortnight please point me in the right direction

    • Staff
      Elizabeth | March 31, 2016

      Hi Bails,

      I’m unable to recommend a specific lender to you but you can find out about your options on this page.

      Hope this will help,

      Elizabeth

  3. Default Gravatar
    Wombat | February 4, 2016

    There is no option to “Go to Site” or “more” on the Bendigo Bank Unsecured Personal Loan Application information. It is blank!!
    How am I supposed to fill in an application for a loan if I can’t even get to the appropriate area????

    • Staff
      Elizabeth | February 4, 2016

      Hi Wombat,

      Thanks for your question.

      If you wish to apply for the Unsecured Personal Loan with Bendigo Bank you can go to their website directly.

      Thanks,

      Elizabeth

  4. Default Gravatar
    nathan | March 23, 2015

    hi im on centerkink payments and currently studying at tafe i have a family and times are getting rough i have a phone bill of $5,000+ electricity bill and car payments so was wondering how easy is it go for a loan even tho i owe money.

    thanks for your time

    • Staff
      Shirley | March 23, 2015

      Hi Nathan,

      Thanks for your question.

      Please note that finder.com.au is an online comparison service and is not in a position to assess your eligibility.

      If you would like to discuss your eligibility or options, please get in touch with Bendigo Bank directly by clicking on ‘Go to site’.

      Cheers,
      Shirley

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