Bendigo Bank Unsecured Personal Loan Fixed-Rate from $2,000 to $100,000, No Security, Easy Repayments and Redraw
Unsecured fixed-rate Bendigo Bank personal loan from $2,000 to $100,000 with no security required, flexible terms, simple repayments and redraw access built for Aussie budgets
Overview of the Bendigo Bank unsecured personal loan
Bendigo Bank’s unsecured personal loan offers a fixed-rate option from $2,000 up to $100,000, built for Australian households that value certainty. The fixed-rate structure (example 12.79% p.a., comparison rate 14.89% p.a.) helps borrowers budget without surprises, making this Bendigo Bank unsecured personal loan attractive for car purchases, holidays or consolidation.
Because it is an unsecured personal loan, you won’t need to put up property or a car as security. That flexibility suits people who don’t own major assets but still want a predictable repayment schedule and redraw access for peace of mind.
Key features, fees and loan terms
The Bendigo Bank unsecured personal loan comes with terms from 1 to 7 years and repayment frequencies weekly, fortnightly or monthly to match your cash flow. Fees you should consider include an application fee of roughly $150, document preparation around $100, a monthly service fee of $5 and an early repayment processing fee of $20.
Fixed-rate certainty is the main selling point: your repayment amount stays the same for the term, so you can plan with confidence. Always check the current Bendigo Bank unsecured personal loan rate and comparison rate specific to your application, as advertised rates can change.
Repayment flexibility and redraw access
One strong benefit of this Bendigo Bank unsecured personal loan is unlimited extra repayments without penalty, meaning you can cut interest by paying extra when you can. Regular repayments are simple to set up via direct debit or through Bendigo’s online banking, which Aussie borrowers find convenient and familiar.
The redraw facility lets you access any extra funds you’ve paid into the loan, providing a handy buffer for emergencies or planned expenses. This combination of extra repayments and redraw creates real flexibility for everyday Aussie budgets.
Who it suits and how to apply
The Bendigo Bank unsecured personal loan suits borrowers aged 18+ who are Australian citizens or permanent residents and have stable employment and a reasonable credit history. It’s ideal for people needing medium-sized loans without risking assets, like those funding weddings, renovations or debt consolidation.
Applying is straightforward: check eligibility online, prepare ID and income documents, and submit an application via Bendigo Bank’s website or with a branch appointment. Compare the Bendigo Bank unsecured personal loan against other fixed-rate personal loans and, if unsure, seek independent financial advice to ensure it fits your finances.
