The Finance Algorithm
BankSA

Unsecured Fixed Personal Loan

Our unsecured loan offering to meet your requirement for car, renovation, consolidation of debt or something else.

Personal loansBank updated 29 July 2026
At a glance
Fixed
7.00% · 8.41% comparison
Loan size
$2,000 to $50,000
Upfront fee
$250
Monthly fee
$15
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Fixed1-7 years of flexible loan termP&I7 yrs fixed7.00%8.41%Not relevant to product
FixedMaximum Interest rate charged for the product. 1-7 years of flexible loan termP&I7 yrs fixed21.99%23.28%Not relevant to product
§ 02 — Fees · 7
FeeTypeAmountWhenNotes
Bank Cheque FeeEvent$10
Loan Discharge Fee - After 12 MonthsExit$100
Loan Discharge Fee - Within 12 MonthsExit$150
Missed Payment FeeLate payment$15
Monthly Loan Account FeePeriodic$15Every 1 mo
Processing FeeTransaction$3Payable each time you make any repayment on your loan over the counter in a branch or by cash or cheque
Lending Establishment FeeUpfront$250
§ 03 — Features
Extra repaymentsDigital bankingFraud protectionRelationship manager
  • · Your best rate from us: Your interest rate is tailored to your credit score and other details, know you're getting your best rate from us.
  • · Stay in control: Fixed interest rate for the whole term of the loan.
  • · Borrow $2K-$50K: Choose a loan amount between $2,000 and $50,000
  • · Loan terms to fit your budget: Set your repayments however you want, with your choice of 1 to 7 year loan terms.
  • · Pay your way: Match your pay day with weekly, fortnightly and monthly repayment options
  • · Funds within 60 minutes: After final approval, accept your online contract and funds will be transferred within the hour if you?re already with us
  • · Internet and Phone banking : Includes the Security, Stopping or altering payments, Scheduled transactions and payments , Other transactions and payments, Faults and service difficulties
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Be an Australian or New Zealand citizen OR be an Australian permanent resident and hold an�acceptable visa
  • · Amount $2,000 to $50,000
  • · Be a non-resident or migrant and hold an�acceptable visa with a minimum 1 year before expiry
  • · Have a fixed, verifiable Australian address
  • · Receive a regular, verifiable Australian taxable income
  • · 1-7 years of flexible loan term

Published by BankSA under the Consumer Data Right, last changed by them on 29 July 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.