The Finance Algorithm
Bendigo Bank

Bendigo Secured Student Personal Loan

Perfect for higher education students and apprentices looking to buy a new or used car, or refinance an existing one.

Personal loansBank updated 9 July 2026
At a glance
Fixed
9.54% · 9.70% comparison
Loan size
$2,000 to no maximum
Upfront fee
$100
Monthly fee
$0
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
FixedSecuredP&I7 yrs fixed9.54%9.70%
§ 02 — Fees · 10
FeeTypeAmountWhenNotes
Bank Cheque FeeEvent$10Is payable for each Bank Cheque drawn.
Default FeeEvent$35
Duplicate FeeEvent$16.50Is payable for each copy of any document you request.
Manual Redraw FeeEventNo feePayable each time we agree to a redraw request you make otherwise than through Bendigo e-banking
Online Redraw FeeEventNo feeCharged when completing a redraw online
Early Repayment FeeExit$20
Security Processing FeeOtherVariesCharged to lodge an interest against the security e.g. vehicle (Secured Personal Loans only). On Application
Monthly Admin FeePeriodicNo feeEvery 1 moThis fee is charged to cover the regular administration and servicing required for your loan. Not applicable to Student loan.
Application FeeUpfrontNo feeIncurred when you apply for a new loan. Not applicable to student loan.
Document Preparation FeeUpfront$100The cost of preparing the loan documents (Secured Personal Loans only).
§ 03 — Features
Redraw
  • · Weekly, fortnightly or monthly repayments
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Resident
  • · Employment: Employed
  • · Available to individuals
  • · Amount $2,000 to no maximum

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.