Following the Reserve Bank’s announcement to lower the official cash rate by 0.25%, BankVic will make the following changes.
Lower interest rates on 1 and 2 year fixed rate owner occupied home loans effective 25th March 2020:
1 year Fixed Rate: 2.19% (Comparison rate: 3.76%)
2 year Fixed Rate: 2.19% (Comparison rate: 3.62%)
Increase the interest rate of the Pension Plus savings account from 1.65% to 1.75%, effective 1 April 2020 to support the savings of our most vulnerable members.
Terms and Conditions: All new Fixed Rate loan rates are current as at 25 March 2020 and subject to change or withdrawal at any time. They are not available with any other offer and no further discounts apply. Fixed rates apply for owner occupied loans with principal and interest repayments. This comparison rate is calculated on a $150,000 loan over 25 years based on monthly repayments. WARNING: Comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate. Each loan application is subject to our standard credit assessment and approval criteria. Fees and charges may apply. Information on our terms and conditions, interest rates and fees and charges are available upon request. Police Financial Services Limited ABN 33 087 651 661 - trading as BankVic | AFSL and Australian Credit Licence 240293. bankvic.com.au
Police Financial Services Limited ABN 33 087 651 661 AFSL 240293 Australian Credit Licence 240293
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