BankSA
Unsecured Variable 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
- Variable
- 7.00% · 8.41% comparison
- Loan size
- $2,000 to $50,000
- Upfront fee
- $250
- Monthly fee
- $15
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable1-7 years of flexible loan term | P&I | — | — | 7.00% | 8.41% | Not relevant to product |
| VariableMaximum Interest rate charged for the product. 1-7 years of flexible loan term | P&I | — | — | 21.99% | 23.28% | Not relevant to product |
§ 02 — Fees · 8
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Bank Cheque Fee | Event | $10 | — | — |
| Redraw Fee | Event | No fee | — | — |
| Loan Discharge Fee - After 12 Months | Exit | $100 | — | Loan Discharge Fee Waiver - After 12 Months |
| Loan Discharge Fee - Within 12 Months | Exit | $150 | — | Loan Discharge Fee Waiver - Within 12 Months |
| Missed Payment Fee | Late payment | $15 | — | — |
| Monthly Loan Account Fee | Periodic | $15 | Every 1 mo | — |
| Processing Fee | Transaction | $3 | — | Payable each time you make any repayment on your loan over the counter in a branch or by cash or cheque |
| Lending Establishment Fee | Upfront | $250 | — | — |
§ 03 — Features
RedrawExtra repaymentsDigital bankingFraud protectionRelationship manager
- · $0 Exit fee - You're in control with the choice to repay your loan when you want.
- · 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: You have permanent residency in Australia/NZ or You're a non-resident or migrant and hold an acceptable Visa, with a minimum 1 year before expiry
- · 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
§ 06 — Run the numbers
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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.