Bendigo Bank Personal Loans
Compare Bendigo Bank personal loans and rates
The table below displays a snapshot of Bendigo Bank’s secured personal loan products and rates on Canstar’s database, sorted by Star Rating (highest to lowest). Please note the products and Star Ratings displayed are based on a loan amount of $20,000 for a three-year loan in NSW.
What personal loans does Bendigo Bank offer?
Bendigo Bank offers 2 different types of personal loans at the time of writing:
- Unsecured personal loan
- Secured personal loan
Both the secured and unsecured loans come with a fixed rate and flexible loan terms.
Bendigo Bank unsecured personal loan
This loan has the following features:
- Rate of 12.79% with a comparison rate of 14.89% p.a.
- Loan term between 1 and 7 years
- Low application and ongoing fees
- Flexible repayments of either weekly, fortnightly or monthly
- Free redraw facility available
- No fixed break costs
Bendigo Bank Secured Freedom personal loan
This loan has the following features:
- Rate of 7.79% with a comparison rate of 8.64% p.a.
- Loan term between 1 and 7 years
- Low application and ongoing fees
- Free redraw facility available
- Flexible repayments of either weekly, fortnightly or monthly
- No fixed break costs
Related article: Secured vs Unsecured Personal Loans – What’s the Difference?
What can you use Bendigo Bank’s personal loans for?
A personal loan with Bendigo Bank can be used for many important life events, such as:
- Buying a car
- Debt consolidation
- Holidays
- Home renovations
- Weddings
Personal loans are a relatively straightforward way of borrowing money with a structured repayment program. A personal loan with Bendigo Bank could give you access to more money to pay for these major life events.
Check the product disclosure statement (PDS) from Bendigo Bank to see what you can and can’t take out a personal loan for.