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Bendigo Bank

Bendigo Bank Personal Loan

Borrow up to $100,000 with terms up to 7 years. Interest rates for the unsecured loan are higher than for the secured loan

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  • COVID-19 Update

If you're struggling to repay your personal loan, you can get in touch with the bank directly or read our guide.

Bendigo Bank offers a range of loan services, including secured and unsecured personal loans and a personal loan for green purchases. You can borrow from $2,000 up to $100,000 and loan terms range from 1 year to 7 years. The secured personal loan offers a fixed interest rate starting from 7.79% p.a. Security can include your car or property, but in case you fail to make your repayments, you could risk your assets. The interest rate for the unsecured personal loan is higher, starting from 12.79% p.a. If you want to make green purchases, you could receive a discount of 1% p.a. This discount is only applicable if you use it to purchase any of the environmentally-friendly products specified by the company. Depending on what you want to purchase, you may find their range limiting.

Compare personal loans offered by Bendigo Bank

1 - 2 of 2
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Name Product Mobile details underline Interest Rate (p.a.) Comp. Rate (p.a.) Rate Type Application Fee Monthly Fee Monthly Repayment
Bendigo Bank Unsecured Personal Loan Fixed, 1 - 7 Years, $2,000 - $100,000
Bendigo Bank Unsecured Personal Loan
1 - 7 Years, $2,000 - $100,000
12.79%
14.89%
Fixed
$150
$5
You'll receive a fixed rate of 12.79% p.a.
Perfect for your dream holiday or any number of needs where you don't offer security.
Bendigo Bank Secured Personal Loan Fixed, 1 - 7 Years, $2,000 - $100,000
Bendigo Bank Secured Personal Loan
1 - 7 Years, $2,000 - $100,000
7.79%
8.51%
Fixed
$150
$5
You'll receive a fixed rate from 7.79% p.a. with a comparison rate of 8.51% p.a.
Perfect for buying a new or used vehicle, or to refinance an existing car loan.
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Compare up to 4 providers

1 - 1 of 1
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Name Product Mobile details underline Interest Rate (p.a.) Comp. Rate (p.a.) Rate Type Application Fee Monthly Fee Monthly Repayment
Bendigo Bank Secured Personal Loan Fixed, 1 - 7 Years, $2,000 - $50,000
Bendigo Bank Secured Personal Loan
1 - 7 Years, $2,000 - $50,000
7.79%
8.51%
Fixed
$150
$5
You'll receive a fixed rate from 7.79% p.a.
Perfect for buying a new or used vehicle, or to refinance an existing car loan.
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Compare up to 4 providers

1 - 5 of 5
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Name Product Mobile details underline Interest Rate (p.a.) Comp. Rate (p.a.) Rate Type Application Fee Monthly Fee Monthly Repayment
Harmoney Unsecured Personal Loan Fixed, 3 - 7 Years, $2,000 - $70,000
Harmoney Unsecured Personal Loan
3 - 7 Years, $2,000 - $70,000
5.35%
to 19.09%
6.14%
to 19.99%
Fixed
$275 - $575
$0
You'll receive a fixed rate between 5.35% p.a. and 19.09% p.a. based on your risk profile.
Apply for a loan up to $70,000 and repay your loan over 3, 5 or 7 years terms.
Citi Personal Loan Plus Variable, 3 - 5 Years, $5,000 - $75,000
Exclusive
Citi Personal Loan Plus
3 - 5 Years, $5,000 - $75,000
8.90%
9.18%
Variable
$199
$0
You'll receive a variable rate of 8.90% p.a. with a comparison rate of 9.18% p.a. if you're approved.
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years.

Finder Exclusive: Earn 150,000 Velocity Points when you apply and activate your account within 90 days from approval.
NOW Finance No Fee Unsecured Personal Loan Fixed, 18 Months - 7 Years, $5,000 - $50,000
Exclusive
NOW Finance No Fee Unsecured Personal Loan
18 Months - 7 Years, $5,000 - $50,000
5.95%
to 19.95%
5.95%
to 19.95%
Fixed
$0
$0
You'll receive a fixed rate between 5.95% p.a. and 19.95% p.a. based on your risk profile
Borrow from $5,000 to $7,999 with loan terms between 18 months and 3 years or borrow $8,000 to $50,000 with loan terms between 18 months and 7 years.

Finder Exclusive: Apply and settle an unsecured personal loan of $30,000 or more to receive a $400 Westfield gift card. Ends on June 30 2022.
OurMoneyMarket Personal Loan Fixed, 1 - 7 Years, $2,001 - $75,000
Exclusive
OurMoneyMarket Personal Loan
1 - 7 Years, $2,001 - $75,000
5.65%
to 20.99%
6.27%
to 23.83%
Fixed
1.50% - 6%
min. $250
$0
You'll receive a fixed rate from 5.65% p.a. to 20.99% p.a. based on your risk profile.
A personalised loan from $2,001 to $75,000 that varies based on your credit history and financial situation.

Finder Exclusive: Apply before 30th of June 2022 to secure a 0.20% p.a. discount for the full term of your loan.
Wisr Personal Loan Fixed, 3 - 7 Years, $5,000 - $64,000
Wisr Personal Loan
3 - 7 Years, $5,000 - $64,000
6.95%
to 17.95%
7.78%
to 18.37%
Fixed
$595
$0
You'll receive a fixed rate between 6.95% p.a. and 17.95% p.a. based on your risk profile
A loan from $5,000 that charges no fees for extra or early repayments. Keep in mind security is required in some cases.
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Compare up to 4 providers

  • 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 years.
  • 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

  • Includes 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. 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 to 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?

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.

More guides on Finder

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 19.09% p.a. based on your risk profile.
Apply for a loan up to $70,000 and repay your loan over 3, 5 or 7 years terms.

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

You'll receive a fixed rate between 6.49% p.a. and 15.99% p.a. ( 7.41% p.a. to 16.84% p.a. comparison rate) based on your risk profile
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 6.95% p.a. and 22.49% 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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16 Responses

  1. Default Gravatar
    PhillipJune 22, 2017

    How find out credit rating

    • Default Gravatar
      DanielleJune 22, 2017

      Hi Philip,

      Thank you for contacting finder.com.au. We are a comparison website and general information service, we’re more than happy to offer general advice.

      I highly recommend you request a free copy of your credit report/score.

      Simply add your phone number to get our Finder app and start requesting your credit score.

      Alternatively, you can click on the “Continue on web” if you wish not to get your score through the app.

      A pop-up window would appear. Click on the “Log in” tab if you already have a Finder account. Click on the “Register” tab if you wish to create a new account.

      Once you’re in, you can then request your credit score.

      I hope this helps.

      Cheers,
      Danielle

  2. Default Gravatar
    StephMay 8, 2017

    If I apply for a student personal loan do I have to be a student for the full span of the loan?
    Thanks.

    • Default Gravatar
      LiezlMay 9, 2017

      Hi Steph,

      Thank you for your question.

      No, you don’t have to be a student for the entire term of the loan. There are actually loans which you can apply for during your final year in the university. You can check the loan options available for students on our student loans page.

      It is important to consider your financial circumstances and your ability to afford the loan before applying.

      I hope this has helped.

      Cheers,
      Liezl

  3. Default Gravatar
    lynetteSeptember 18, 2016

    I would like to know please if i can fill in an application for a $2000 unsecured loan with bendigo bank via online.
    thank you

    lynette

    • Avatarfinder Customer Care
      ElizabethSeptember 19, 2016Staff

      Hi Lynette,

      You can apply for any of the personal loans outlined on this page by heading to Bendigo Bank’s website and submitting your application. Make sure you meet the eligibility criteria outlined above and have your personal and financial details on hand.

      I hope this has helped,

      Elizabeth

  4. Default Gravatar
    DarrinAugust 22, 2016

    Hi , look at loan around 70,000 to pay off credit cards and an other personal loan to have one loan and close the cards down.

    • Avatarfinder Customer Care
      ElizabethAugust 23, 2016Staff

      Hi Darrin,

      As long as you meet the criteria outlined on the page above you can apply for a loan with Bendigo Bank. Keep in mind your current debt will be taken into account when determining your ability to afford the loan, as will other aspects (income, employment, assets) etc.

      I hope this helps,

      Elizabeth

  5. Default Gravatar
    LillyMay 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.

    • Avatarfinder Customer Care
      ElizabethMay 4, 2016Staff

      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

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