| New Car Loan | Secured Personal Loan | Unsecured Personal Loan | Personal Line of Credit | |
|---|---|---|---|---|
| Interest Rate | 5.49% pa | 6.69% pa | 9.79% pa | 14.85% pa |
| Comparison Rate# | 5.84% pa | 7.04% pa | 11.54% pa | N/A |
| Key Fees1 | ||||
| Application Fee | $250 | $250 | $250 | $0 |
| Monthly service fee | $0 | $0 | $0 | $0 |
| Summary of key features | ||||
| Loan term | 1 - 7 years | 1 - 5 years | 1 - 5 years | N/A |
| Minimum loan amount | $2,000 | $2,000 | $2,000 | $500 |
| Maximum loan amount | $75,000 | $60,000 | $30,000 | $20,000 |
| Loan purpose | To purchase a vehicle that is new or up to 2 years old. |
Purchase of motor vehicle; Purchase of consumer goods (home contents etc.); Holidays; Debt consolidation; Any worthwhile purpose. |
Purchase of motor vehicle; Purchase of consumer goods (home contents etc.); Holidays; Debt consolidation; Any worthwhile purpose. |
When funds in your Everyday account have been exhausted you can automatically access funds from your Personal Line of Credit |
| Security | New vehicle, or vehicle up to 2 years old | New or used vehicle (up to 6 years of age). | N/A | N/A |
| Additional payments |
 |
|
|
|
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 for the example given and may not exclude all fees and charges. Different terms, fees or other loan amounts may result in different comparison rates. 1 Other fees and charges apply.
You may also be interested in...
Find out more
Consolidate and pay off your debts with an IMB Personal LoanLearn more
Bank where and when you like. Explore our Mobile App features.Explore
Compare our Personal LoansExplore
Do you have cover to protect your vehicle against theft or damage?Find out how
The Hive
Keep up to date with all the IMB insider tips for a healthier financial future.
Why choose IMB Bank?
Established in 1880, IMB has been helping people achieve their financial goals for 139 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.
Find out moreBank where and when you like...
Useful links
