Bendigo BankBendigo Secured Student Personal Loan
Perfect for higher education students and apprentices looking to buy a new or used car, or refinance an existing one.
At a glance
- Fixed
- 9.54%9.70% comparison
- Loan size
- $2,000 to no maximum
- Upfront fee
- $0
- Monthly fee
- $0
How it compares
This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 9.54% | 5.80%Plenti Personal Loan | 7.96%of 68 institutions | 52nd lowest of 68 |
| Fixed personal loanRepayments stay the same for the term | 9.54% | 5.80%Plenti Personal Loan | 7.96%of 42 institutions | 33rd lowest of 42 |
Rates
The one rate Bendigo Bank publishes for this personal loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedSecured | P&I | 7 yrs fixed | - | 9.54% | 9.70% | - |
Fees
10 fees published, grouped by when they're charged.
- When you take it outUp to $1002 fees, each listed below
- While you hold itNo feeMonthly Admin Fee
- When you close it or pay it off$20Early Repayment Fee
When you take it out2
- Application Fee
Incurred when you apply for a new loan. Not applicable to student loan.
No fee - Document Preparation Fee
The cost of preparing the loan documents (Secured Personal Loans only).
$100
While you hold it1
- Monthly Admin Fee
This fee is charged to cover the regular administration and servicing required for your loan. Not applicable to Student loan.
No fee
When particular things happen5
- Bank Cheque Fee
Is payable for each Bank Cheque drawn.
$10 - Default Fee$35
- Duplicate Fee
Is payable for each copy of any document you request.
$16.50 - Manual Redraw Fee
Payable each time we agree to a redraw request you make otherwise than through Bendigo e-banking
No fee - Online Redraw Fee
Charged when completing a redraw online
No fee
When you close it or pay it off1
- Early Repayment Fee$20
Other fees1
- Security Processing Fee
Charged to lodge an interest against the security e.g. vehicle (Secured Personal Loans only). On Application
Varies
Features
- Weekly, fortnightly or monthly repayments
Eligibility and limits
- Minimum age 18
- Residency: Australian Resident
- Employment: Employed
- Available to individuals
- Amount from $2,000, no maximum
Compare it with others
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Published by Bendigo Bank under the Consumer Data Right, last changed by them on 9 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.