Information verified correct on December 5th, 2016
Borrow up to 100% of the purchase price for your next car or bike with the New Car Loan from Australian Military Bank.
The Australian Military Bank loan for new cars is available for vehicles up to 12 months old. You can apply online and have a decision in less than 15 minutes.
Things to consider about the Australian Military Bank New Car Loan
|Product Name||Australian Military Bank New Car Loan|
|Interest Rate (p.a.)||From 6.59% (variable)|
|Comparison Rate (p.a.)||7.55% |
|Interest Rate Type||Variable|
|Maximum Loan Term||7 years|
|Min Loan Amount||$1,000|
|Max. Loan Amount||$80,000|
|Monthly Service Fee||$0|
- Loan repayment insurance available
- Make additional repayments
- Application fee of $150
- Other fees and charges may apply
- 18+ years of age
- Employed or receiving an income
- Australian citizen or permanent resident
- Not bankrupt
- No credit issues
How to apply for this loan
You can apply for this loan online with Australian Military Bank.
Make sure you meet the criteria outlined above before submitting your application. You'll also have to provide the following information:
- Employment details
- Financial statements
- Your address and previous address if you've been there less than 12 months
Before you apply, remember to compare your car loan options to make sure you find the right loan for you.