Bank Australia
Fixed Car Loan
Bank Australia · pers loans
Provider last updated this product 2026-06-23.
Go to provider
You'll complete your application on
Bank Australia's website. Confirm the rate and fees with them
before applying.
A range of car loans for electric vehicles (Evs) and used cars.
As published by the lender
- Vehicles - New or used vehicles
- Headline rates - from 6.29% to 7.29%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 | 6.29% | 6.29% | UNCONSTRAINED | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| Applicable to new or used electric vehicles | |||||||
| FIXED | 7.29% | 7.50% | UNCONSTRAINED | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| Applicable to used combustion engine vehicles | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Establishment Fee - Personal Loan | UPFRONT | $150 | - |
| Late Payment Fee | LATE_PAYMENT | $0 | - |
| Early Repayment Fee | EVENT | $0 | - |
| Monthly fee | PERIODIC | $0 | There is no monthly fee |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 6.29% | 6.29% |
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
- Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly
Who can apply
- min age - 18Individuals (natural persons) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older.
- natural personIndividuals only: Not available for non-personal borrowers.
- otherApplications for loans are subject to the Bank's lending criteria.
- otherMaximum age of 7 years new Vehicle and 5 years for used vehicle
- otherThe vehicle must be road registered
- otherThe vehicle is required as security for the loan, and security interest noted on the Personal Property Securities Register (PPSR)
- otherMaximum LVR of 100%
- residency status - AUAustralian citizen or permanent resident of Australia
- otherLending for new vehicles (including ex-demonstrators with fewer than 1,000 km) is limited to Electric Vehicles (EVs). An EV is defined as a vehicle without an internal combustion engine (ICE).
Limits
- min limit - 1000.00Minimum loan amount $1,000
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: 2026-06-23T04:17:23.273Z · Product ID: 06f63461-e1c8-469d-98b6-94356882b04c