IMB Secured Personal Loan

A competitive secured loan that can help you finance that unsecured purchase

This loan from IMB lets you take advantage of the benefits of a secured loan in order to finance an unsecured purpose, such as paying for a holiday or even undertaking home renovations. For a competitive fixed rate you can use the loan amount for anything you choose, you just need to attach a new or used car as a guarantee. Borrow up to $60,000 and make whatever dream you have a reality.

3 things you should know about this loan

  • Use it for any purpose. While this loan is secured, you can use the funds for any purpose you need.
  • Competitively priced. This loan comes with a fixed rate of 5.98% p.a. and there are no monthly fees.
  • Security is required. IMB requires you to secure a vehicle as a guarantee for this loan. It needs to be a new or used vehicle up to six years of age.
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5.98% (fixed)

Interest Rate (p.a.)

6.33%

Comparison Rate (p.a.)

$2,000

Min Loan Amount

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Details

Product NameIMB Secured Personal Loan
Interest Rate (p.a.)5.98% (fixed)
Comparison Rate (p.a.)6.33%
Interest Rate TypeFixed
Min Loan Amount$2,000
Max. Loan Amount$60,000
Loan SecuritySecured

Main points consider with the IMB Secured Personal Loan

You're able to borrow between $2,000 and $60,000 to finance a range of purposes. This loan is secured, and IMB requires that you secure it with a new or used vehicle up to six years of age. This loan can be used to purchase the vehicle you use to secure. There's no ongoing account-keeping fees across the term of the loan, which can be for a period of between 1 year to 5 years. When you apply for this loan you'll lock in a fixed rate for the duration of the term. This rate is currently 5.98% p.a.

What features come with this loan?

  • Loan amount. You're able to borrow between $2,000 and $60,000
  • Interest rate. This loan comes with a fixed interest rate of 5.98% p.a. and a comparison rate of 6.33% p.a.
  • Loan purpose. This loan can be used to finance a range of worthwhile purposes – from renovations to holidays.
  • Loan term. You're able to borrow the money for a period of between 1 year to 5 years.
  • Repayments. Repayments are fixed and need to be made monthly. You're also able to make additional repayments to help pay back your loan early, which you can do without an early termination fee.
  • Loan repayment insurance. If you want to protect yourself against the unexpected, you have the option of taking out loan repayment insurance with IMB. You can finance your premium into your loan and there are three levels of cover available.

Fees to consider

How to apply

If you're interested in applying for this secured loan, click 'Go to Site' to get the application process started. Before you do, check you meet the eligibility criteria outlined below and also see what documents will be required to apply.

Eligibility criteria

To apply for this loan, you must be:

  • Be over the age of 18
  • Have a good credit history
  • Have a monthly income
  • Be willing and able to put up a new or used car under six years old as security

Required information

Have the following information and documentation handy for your application:

  • Your email address
  • Details of your income and employment, including your current and previous employer's details
  • Information regarding your assets, expenses and liabilities

The IMB Secured Personal Loan lets you make a purchase you've been waiting to make, and lock in a competitive fixed rate to pay it back. Compare this loan to other similar ones before you apply to make sure it's the right option for you.

Compare other personal loans

$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
loans.com.au - New and Dealer Used Car Loan
3.99% (fixed)
4.53%
$5,000
3 to 5 years
$400
$0
You'll receive a fixed rate of 3.99% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
Plenti Car Loan
From 4.89% (fixed)
5.44%
$10,001
3 to 7 years
from $249 to $799
$0
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
IMB New Car Loan
4.88% (fixed)
5.23%
$2,000
1 to 7 years
$275.12 ($250 Application fee + $25.12 PPSR fee)
$0
You'll receive a fixed rate of 4.88% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
Credit Concierge Car Loan
From 2.99% (fixed)
4.07%
$10,000
1 to 7 years
$350
$8.50
You'll receive a fixed rate of 2.99% p.a. with a comparison rate of 4.07% p.a.
Get access to over 20 providers to fund a new or used car.
Wisr Secured Car Loan
From 4.74% (fixed)
5.01%
$5,000
3 to 7 years
$195 for refinance and dealer sale ($245 for private sale)
$0
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

⭐Special Offer: Wisr's standard establishment fee $605 will be reduced to $195 for applications submitted through Finder. T&Cs apply.
Stratton Finance New Car Loan
From 3.85% (fixed)
4.05%
$10,000
3 to 7 years
$700
$8.25
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
NRMA New Car Loan
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 3 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
NAB Personal Loan Unsecured Fixed
From 6.99% (fixed)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
Symple Loans Personal Loan
From 5.75% (variable)
6.47%
$5,000
1 to 7 years
from 0% to 5% of the loan amount
$10
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
Driva Car Loan
From 2.85% (fixed)
4.39%
$2,000
1 to 7 years
$295 (Varies by lender, starting from $295)
$10
You'll receive a fixed rate from 2.85% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
OurMoneyMarket Car Loan
From 5.35% (fixed)
5.65%
$2,001
1 to 7 years
$250
$0
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 7 years.
NRMA Used Car Loan
From 6.24% (fixed)
6.94%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 6.24% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
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Compare up to 4 providers

Personal Loan Offers

Important Information*
Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 5.35% p.a. and based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 8.99% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 years to 7 years loan terms available. This loan comes with no fees for extra repayments and no early exit fees.

Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 5.95% p.a. and 19.99% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

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37 Comments

    Avatarfinder Customer Care
    John
    November 26, 2018

    Hi Alvin,

    Thank you for reaching out to Finder.

    You may see a selection of lenders that you could choose from on taking out a personal loan. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

    Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

    Cheers,
    Reggie

    Default Gravatar
    Karen
    November 9, 2018

    HI My son is 19 and wants an unsecured personal loan for $5000 at the cheapest rate of interest and establishment fees for a holiday. He is a full time apprentice.
    I am having trouble finding this information.
    Kind regards,
    Karen

      Avatarfinder Customer Care
      John
      November 9, 2018

      Hi Karen,

      Thank you for reaching out to Finder.

      You might want to refer to our list of unsecured loans. You can use our table to help you find the lender that suits you.

      Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!

      Cheers,
      Reggie

    Default Gravatar
    george
    September 28, 2018

    how much per fortnight for 15000 secured loan over 7 yrs and what max age of vehicle

      Avatarfinder Customer Care
      Joshua
      September 30, 2018

      Hi George,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      If you are interested in IMB Secured Personal Loan, you might want to note that their maximum loan term is five years. Moreover, your fortnight payment would depend on your terms and conditions. Just remember too that their loan comes with a fixed rate of 6.89%.

      To get a more specific quote, please contact the lender directly. You may also want to consider reviewing the criteria, details of the loan product, and its conditions. From there, you can discuss your loan options and eligibility.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

    Default Gravatar
    Primali
    July 29, 2018

    Please send me a quotation for Loan amount AUD 8000.

      Default Gravatar
      Nikki
      July 30, 2018

      Hi Primali,

      Thanks for reaching out.

      To get a secured personal loan quotation from IMB, simply click the ‘Go to Site’ button and it will automatically redirect you to their page.

      You may also refer to our comparison table to check for more personal loan options. We also have a personal loan calculator that you can use to help you see what your monthly repayments will be, and how much interest you will pay over the life of the loan.

      Hope this was helpful.

      Regards,
      Nikki

    Default Gravatar
    Erin
    July 11, 2017

    What will my total repayments be after 5 years.

      Default Gravatar
      Jonathan
      July 13, 2017

      Hi Erin!

      Your repayments would depend on the amount you borrowed, the duration of your loan, fees and the rate involved. :)

      We recommend that you talk to IMB loan specialist to confirm your computation.

      Hope this helps.

      Cheers,
      Jonathan

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