Compare personal loan options
Explore and decide which option is right for you.
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Car Loan
Own the car, motorbike, caravan or motorhome you want sooner.
Annual Interest Rate
7.24% p.a.
Comparison Rate1
7.90% p.a.
24/7 access via app and Internet Banking
Redraw - Minimum $500
Additional payments without penalty
Unlimited
Maximum Loan Term
7 years
Collateral required
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Secured Personal Loan
Benefit from a lower rate by supplying collateral.
Annual Interest Rate
6.99% p.a.
Comparison Rate1
7.59% p.a.
24/7 access via app and Internet Banking
Redraw - Minimum $500
Additional payments without penalty
Unlimited
Maximum Loan Term
7 years
Collateral required3
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General Purpose Personal Loan
Competitive, flexible and great for helping you get what you want sooner.
Annual Interest Rate
11.24% p.a.
Comparison Rate2
13.52% p.a.
24/7 access via app and Internet Banking
Redraw - Minimum $500
Additional payments without penalty
Unlimited
Maximum Loan Term
7 years
Collateral required
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Equity Plus Personal Loan
Use the equity in your home for a personal loan at a reduced rate.
Annual Interest Rate
8.44% p.a.
Comparison Rate1
9.04% p.a.
24/7 access via app and Internet Banking
Redraw - Minimum $500
Additional payments without penalty
Unlimited
Maximum Loan Term
7 years
Collateral required
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Eco Personal Loan
A loan for environmentally sustainable purposes
Annual Interest Rate
7.34% p.a.
Comparison Rate1
7.52% p.a.
24/7 access via app and Internet Banking
Redraw - Minimum $500
Additional payments without penalty
Unlimited
Maximum Loan Term
7 years
Collateral required
The legal stuff
1. The comparison rate is based on a secured loan of $30,000 over 5 years.
2. The comparison rate is based on a secured loan of $10,000 over 3 years. 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.
3. Limited to cash held in a Summerland savings account or fixed term deposit account.
Products are issued by Regional Australia Bank Ltd trading as Summerland Bank (ABN 21 087 650 360). AFSL & Australian Credit Licence 241167. Rates are subject to change. Conditions, fees, and eligibility criteria may apply, see us for details. Terms and Conditions available upon request. Target market determination available on request at our branches.
This is general advice only and may not be right for you. Please read the Credit Guide, Financial Services Guide, Accounts & Access Facility Conditions of Use and Loan Fees and Charges schedule before making decisions. A copy can be obtained online from one of our branches, or by contacting us on 1300 728 728. Target market determination available on request at our branches.
