BestFind.com.au provides factual information in relation to financial products. While
attempts to make a wide range of products and providers available, it may not cover all the
to you. Moreover, we cannot be responsible for changes made to this information by product
inaccurate information obtained from a product provider. All product information comes from the
provider or publicly available information and to the best of our knowledge is correct at time
The information published on BestFind.com.au is general in nature only and does not consider
objectives, financial situation or particular needs and is not recommending any particular
product to you. If you
decide to apply for a product you will be dealing directly with that provider and not with
BestFind.com.au recommends that you read the relevant PDS or offer documentation before taking
Did you know you can compare 100’s of personal loans? Browse, filter and save on our main personal loans comparison page.
Compare and review BankVic personal loan rates
BankVic personal loan fees
- $90 Establishment fee.
- $0 Monthly administration fee.
- n/a Redraw fee.
- $0 Early repayment
BankVic personal loan purposes
You can borrow for almost any worthwhile purpose, and no, going to the casino and putting it all on black is not a worthwhile purpose.
Examples of common loan purposes BankVic will lend for:
BankVic personal loan approval time
If you’re an existing BankVic member you may have applications approved and funded on the same day. For more complex applications approval times vary between 2 and 5 working days.
Do you have an BankVic personal loans calculator?
Yes. View the BankVic Personal Loans calculator.
BankVic personal loan application
If you’d like to apply online for an BankVic personal loan, visit BankVic’s website by clicking here.
BankVic’s personal loan eligibility criteria
Before you apply for a personal loan, be sure to understand and meet the BankVic’s lending criteria. Below is high-level overview of BankVic’s criteria:
BankVic personal loan requirements
- Be a BankVic member
- Minimum age of 18
- Earn a regular income
- An Australian citizen or permanent resident
Information you’ll need to provide
Whether at the BankVic branch or online, make sure to have the following nearby:
- Proof of income. A verifiable and steady employment. You may be required to provide copies of your most recent pay slips and employer’s contact information
- A list of your assets, expenses and liabilities
- Driver’s licence (if you have one) or other forms of ID
Are you self-employed?
If you’re self-employed, you will also need to provide:
- Financial statements for the last year
- Your most recent personal/business tax return
Other things to keeping mind when applying with BankVic
- It’s advantageous to have a good credit history. For example, you have no recent defaults and no frequent requests for credit
- Credit cards with large credit limits are seen as liabilities, even if there’s nothing owing. If you have existing liabilities, be certain you can pay them off in addition to your BankVic personal loan
There are many additional factors BankVic consider when assessing your application, but the above are the most important. If you feel like you may not meet their eligibility criteria, it may be best to save!
BankVic personal loan application status
If you have already applied for an BankVic personal loan, you can check your application status by calling 13 63 73, 8.00am to 7.00pm AEST, Monday to Friday or 9.00am to 12.00pm, Saturday.
Additional product information
BankVic minimum and maximum personal loan amounts
You can borrow between $2,000 and $60,000.
BankVic personal loan terms
Terms vary between 1 year and 7 years.
BankVic repayment schedule
BankVic allow weekly, fortnightly or monthly repayment.
BankVic personal loan redraw facility
BankVic’s Variable Rate Personal Loan gives you the option to make redraw additional payments you may have made.
Here’s a video of BankVic doing some nice stuff for their community.
Other BankVic products
You can also review and compare:
Popular personal loans searches
View all search queries