|
For cars up to 2 years old |
For cars 2-6 years old |
For cars over 6 years old |
|
|---|---|---|---|
| Interest Rate | 5.89% pa | 6.89% pa | 9.90% pa |
| Comparison Rate# | 6.24% pa | 7.24% pa | 11.65% pa |
| Key Fees1 | |||
| Application Fee | $250 | $250 | $250 |
| Monthly service fee | $0 | $0 | $0 |
| Summary of key features | |||
| Loan term | 1 - 7 years | 1 - 5 years | 1 - 5 years |
| Minimum loan amount | $2,000 | $2,000 | $2,000 |
| Maximum loan amount | $75,000 | $60,000 2 | $30,000 |
| Security | New vehicle, or vehicle up to 2 years old | New or used vehicle (up to 6 years of age). | N/A |
| Additional payments |
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Important Information:
Normal IMB lending criteria, terms and conditions, fees and charges apply. # The comparison rate is based on a loan amount of $10,000 for a term of 3 years for an unsecured personal loan and a loan amount of $30,000 over a term of 5 years applies for a secured personal loan. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. 1 Other fees and charges apply. 2 New Car and Secured Personal Loans over $35,000 may incur government costs.
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Why choose IMB Bank?
Established in 1880, IMB has been helping people achieve their financial goals for 138 years. IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking, financial planning and can arrange a wide range of insurance and travel products.
IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.
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