Secured Car Loan

 General Lending Rates

 Product Features

• Other Additional Information: Additional borrowings - borrow up to 120% of value of your security.

• Digital Banking Additional Information: You can do your everyday banking through Bankwest Online Banking and the Bankwest App from anywhere, 24/7 - it's easy and secure.

• Extra Repayments Additional Information: Make extra payments - pay more than your minimum repayments as and when you choose.

• Notifications Additional Information: Remember when a repayment is due. Get an alert before your minimum monthly repayment is due.

• Npp Enabled Additional Information: This means you can receive faster payments into this account, often in real time. Keep in mind - this account isn't eligible for PayID.

• Other Additional Information: Great fixed rate - have peace of mind knowing exactly what your repayments will be.

• Redraw Additional Information: Access surplus funds 24/7 - redraw online and on the go with the Bankwest App.

• Other Additional Information: Repayment options that suit you. Choose the loan term - from three to seven years - and repayment frequency.

 Product Eligibility

• Min Age - 18.

• Min Income - 20000. Additional Information: Regular income of over $20,000 a year.

• Residency Status Additional Information: Available to Australian citizens or permanent residents and to New Zealand citizens residing in Australia.

• Natural Person Additional Information: The Bankwest Secured Car Loan is an account for personal customers who are over 18 years of age.

• Other Additional Information: Applications for Personals Loans are subject to the Bank's normal credit approval.

• Other Additional Information: As security for the loan, we accept: - Cars or motorcycles that are less than seven years old; OR - Cars or motorcycles that are valued at least $10,000.

 Bank Fees and Charges

• Application Fee (Upfront), Amount: 0.00. Additional Information: There is no application fee.

• Loan Maintenance Fee (Periodic), Amount: 5.00. Additional Information: Payable monthly in arrears on the monthly repayment due date.

• Early Repayment Fee (Exit), Amount: 250.00. Additional Information: Payable if you repay your loan within the first 24 months from the date the loan, or any part, is advanced.

• Bank Cheque Fee (Event), Amount: 10.00. Additional Information: Payable when you request a bank cheque.

• Conduct Search Of Pps Register (Event), Amount: 2.00.

• Registration Of Financing Statement Or Amendment Of Financing Statement (Event), Amount: 6.00.

• Request Information Under S275 Ppsa (Event), Amount: 30.00. Additional Information: If time spent is less than 0.5 hour; thereafter $60.00 per hour or part thereof.

• Arrears Notice Fee (Event), Amount: 25.00. Additional Information: Cost is per notice and payable upon notification that your account is in arrears, during the period the loan is in default.

• Default Notice Fee (Event), Amount: 50.00. Additional Information: Payable on issue of a statutory default notice, during the period the loan is in default.

 Limitations & Restrictions (Constraints)

• Max Limit of 100000.00 Additional Information: Maximum limit $100,000. (Up to 120% of the value of your security)

• Min Limit of 10000.00 Additional Information: Minimum limit $10,000.