Bendigo Bank
Non-Individual Residential Investment Loan (NIRIL)
Where a customer is purchasing a residential investment loan and they are a non-trading corporate entity or a trust with a corporate trustee, the NIRIL might be the product for them, provided that they fit the criteria.
Home loansBank updated 10 Sept 2026
At a glance
- Variable (investor P&I)
- 6.58%
- Max LVR
- 80%
- Annual fee
- $240
- Features
- redraw, extra repayments
§ 01 — Rates · 12
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | Investment · Interest only | 1 yr fixed | — | 6.74% | 6.97% | — |
| Fixed | Investment · Interest only | 2 yrs fixed | — | 6.79% | 6.99% | — |
| Fixed | Investment · Interest only | 3 yrs fixed | — | 6.74% | 6.98% | — |
| Fixed | Investment · Interest only | 4 yrs fixed | — | 6.79% | 7.00% | — |
| Fixed | Investment · Interest only | 5 yrs fixed | — | 6.79% | 7.01% | — |
| Fixed | Investment · P&I | 1 yr fixed | — | 6.64% | 6.89% | — |
| Fixed | Investment · P&I | 2 yrs fixed | — | 6.69% | 6.90% | — |
| Fixed | Investment · P&I | 3 yrs fixed | — | 6.64% | 6.90% | — |
| Fixed | Investment · P&I | 4 yrs fixed | — | 6.69% | 6.92% | — |
| Fixed | Investment · P&I | 5 yrs fixed | — | 6.69% | 6.93% | — |
| Variable | Investment · Interest only | — | — | 6.69% | 6.91% | — |
| Variable | Investment · P&I | — | — | 6.58% | 6.88% | — |
§ 02 — Fees · 21
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Bank Cheque Fee | Event | $10 | — | — |
| Default Fee | Event | $35 | — | — |
| Duplicate Fee | Event | $16.50 | — | — |
| Manual Redraw Fee | Event | No fee | — | Payable each time we agree to a redraw request you make otherwise than through Bendigo e-banking |
| Online Redraw Fee | Event | No fee | — | Charged when completing a redraw online |
| Rate Variation Fee (to renegotiate Rate) | Event | $100 | — | — |
| Repayment Recalculation Fee | Event | $50 | — | — |
| Valuation Fee | Event | Varies | — | The cost of having the security valued by a third party (this can vary depending upon the location and access available to the property). |
| Variation Fee - Complex | Event | $300 | — | — |
| Variation Fee - Simple | Event | $150 | — | — |
| Discharge Administration Fee | Exit | $350 | — | — |
| Break Cost Fee and Prepayment Fee | Other | Varies | — | A Break Cost Fee is payable to us each time any of the following break events occur during a fixed rate period: • at your request, we agree to vary your annual percentage rate; or • you repay your lo… |
| Interest Prepayment Fee | Payment | $85 | — | — |
| Monthly Fee | Periodic | $20 | Every 1 mo | — |
| Application Fee | Upfront | $150 | — | Incurred when you apply for a new loan, additional funds on your current loan or when changing your loan. |
| Building Loan Fee - Contract Builder | Upfront | $100 | — | — |
| Building Loan Fee - Owner Builder | Upfront | $200 | — | — |
| Documentation Fee | Upfront | Varies | — | The cost of preparing the loan documents for your new loan or application. The amount varies based on the complexity of the loan application. |
| Guarantee Administration Fee | Upfront | $250 | — | — |
| Search Processing Fee | Upfront | $50 | — | Payable for the bank to perform a title search or other searches relating to your application. |
| Settlement Fee | Upfront | $100 | — | To process the settlement of your loan, additional funds on your current loan or when changing your loan. |
§ 03 — Features
RedrawExtra repayments
- · Weekly, fortnightly or monthly repayments
§ 04 — Eligibility & limits
- · Minimum age 18
- · Amount $5,000 to no maximum
- · Maximum LVR 80%
- · Credit and Lending Criteria, Fees and Charges Apply
§ 06 — Run the numbers
Put this product through a calculator
Published by Bendigo Bank under the Consumer Data Right, last changed by them on 10 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.