Some Benefits of Bank of Melbourne Unsecured Personal Loans
Choose between a fixed rate or variable rate
Fixed rate allows for set repayments for simpler budgeting. Varible rate lets you pay your loan off sooner with fewer fees.
Consolidate debts to a single loan, with one rate, regular repayment and set of fees.
Redraw facility on variable rate loans
Redraw a minimum of $500 from your loan amount if you need to, provided you’re at least $500 ahead on your repayments.
Choose a loan term of 1-7 years to suit your circumstances and make weekly, fortnightly or monthly repayments.
Internet banking access
Manage your loan and track repayments online or through your mobile banking app.