L23 Cash Secured
Have An Existing Fixed Term Deposit Or Don't Want To Use Your Own Money? A Broken Hill Bank Cash Secured Loan Might Be For You.
Personal loansBank updated 27 Oct 2026
At a glance
- Variable
- 7.94%8.63% comparison
- Loan size
- $2,000 to no maximum
- Upfront fee
- $280
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 | 7.94% | 5.80%Plenti Personal Loan | 7.96%of 68 institutions | 33rd lowest of 68, level with one other |
| Variable personal loanMoves with the lender's rates | 7.94% | 6.29%Bank of us' RESIDENTIALLY SECURED PERSONAL LOAN | 8.02%of 45 institutions | 19th lowest of 45 |
Rates
Every rate Broken Hill Bank publishes for this personal loan, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableLoan Balances $30,000.00 And Greater Reference Rate Provided And Subject To Assessment Of Application For Credit, With Interest Rate Being Offered Upon Approval | P&I | - | - | 7.94% | 8.63% | - |
| VariableLoan Balances Up To $30,000.00 Reference Rate Provided And Subject To Assessment Of Application For Credit, With Interest Rate Being Offered Upon Approval | P&I | - | - | 10.75% | 11.18% | - |
Fees
12 fees published, grouped by when they're charged.
When you take it out4
- Credit Report Fee$20
- IPEX Fee$35
- Loan Establishment Fee - Self Employed or Debt Consolidation$705
- Loan Establishment Fee$280
When you make a transaction1
- Loan Redraw Processing Fee$35
When particular things happen7
- BHCCU Enforcement ExpenseNo fee
- Credit Bureau Deafult Listing$75
- Debt Agreement Fee$150
- Enforcement Collection CostNo fee
- Enforcement ExpenseNo fee
- Guarantee Security Fee$325
- Loan Contract Variation Fee$200
Features
RedrawExtra repaymentsDigital bankingUnlimited transactions"Relationship Rewards"
- No Monthly Account Keeping Fees
- No Loan Service Fees
- No Penalties For Early Payouts
Eligibility and limits
- Minimum age 18
- Residency: Australian Citizens Or Permanent Residents
- Amount from $2,000, no maximum
- Subject To Eligibility For Credit Via Loan Application Assessment
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Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 27 Oct 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.