BankSA
Secured Fixed Personal Loan
BankSA · pers loans
Provider last updated this product 2026-08-05.
Our secured loan offering to provide you with lower interest rates with your car as a security for the loan
As published by the lender
- Security - Secured
- Headline rates - from 6.49% to 12.99%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 6.49% | 7.90% | OTHER | PRINCIPAL AND INTEREST | 84 months | 12 - 84 months | calculated daily, paid monthly |
| 1-7 years of flexible loan term Not relevant to product | |||||||
| FIXED | 12.99% | 14.34% | OTHER | PRINCIPAL AND INTEREST | 84 months | 12 - 84 months | calculated daily, paid monthly |
| Maximum Interest rate charged for the product. 1-7 years of flexible loan term. Not relevant to product | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Lending Establishment Fee | UPFRONT | $250 | - |
| Monthly Loan Account Fee | PERIODIC | $15 | - |
| Loan Discharge Fee - Within 12 Months | EXIT | $150 | - |
| Loan Discharge Fee - After 12 Months | EXIT | $100 | - |
| PPSR fee | EVENT | $6 | - |
| Missed Payment Fee | LATE_PAYMENT | $15 | - |
| Bank Cheque Fee | EVENT | $10 | - |
| Processing Fee | TRANSACTION | $3 | Payable each time you make any repayment on your loan over the counter in a branch or by cash or cheque |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 6.49% | 7.90% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Various Loan Purposes - Our Secured Personal Loan can be used for a variety of other purposes by offering an eligible car as security for the loan.
- Flexible repayment options. Choose weekly or fortnightly to save on interest
- Borrow between $10K - $130K - Choose a loan amount to suit your needs.
- Help to cover the extras - You may be able to borrow a little more to cover other expenses, such as insurance, registration and optional extras.
- Internet and Phone banking : Includes the Security, Stopping or altering payments, Scheduled transactions and payments , Other transactions and payments, Faults and service difficulties
Who can apply
- min age - 18Be 18 years or older and hold a current Australian driver licence or learner's permit
- residency status - Be an Australian or New Zealand citizen or an Australian permanent resident and hold an acceptable visa
- otherBe a non-resident or migrant and hold an�acceptable visa with a minimum 1 year before expiry
- otherHave a fixed, verifiable Australian address
- otherReceive a regular, verifiable Australian taxable income
- otherTo qualify for a lower personalised interest rate on a Secured Personal Loan, applicant must meet our credit criteria.
- otherYour car's eligibility, see link
Limits
- min limit - 10000.00The minimum amount financed is $10000
- max limit - 130000.00The minimum amount financed is $130,000
- other1-7 years of flexible loan term
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-08-05T00:59:24Z · Product ID: BSAPLSecuredFixed