Car loan

Get on the road sooner with a low-rate car loan. Plus, you'll have peace-of-mind knowing there are no hidden fees.



You can enjoy the following benefits:

  • competitive  fixed rate loans
  • interest calculated daily and debited monthly in arrears
  • ability to make unlimited additional repayments
  • no penalties for early repayments
  • easy payment through direct credit or regular payments from your BankVic account
  • flexible repayment options – weekly, fortnightly or monthly.


To be eligible, you must:

  • be a BankVic member
  • be 18 years and over, and
  • meet our credit assessment criteria.


Features of our car loan include:

  • minimum loan amount: $10,000
  • optional loan cover insurance (consumer credit insurance)
  • loan portability available.

Rates & fees


 Rate paComparison rate pa
Fixed secured

Rates effective 12 Dec 2016 and subject to change at any time. Minimum loan amount:  $10,000. 
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate has been calculated for a secured new or used car loan for an amount of $30,000 over a term of 5 years. All BankVic car loans are secured by a goods security agreement.

Fees & charges

Refer to Fees & Charges (PDF) for information on current fees & charges.

Apply now

3 easy ways to apply

Before you apply...

We recommend that you read our Credit Guide (PDF).

BSB: 704 230

Tools & Resources