Broken Hill Bank
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 11 June 2026
At a glance
- Variable
- 7.69% · 8.63% comparison
- Loan size
- $2,000 to no maximum
- Upfront fee
- $1,040
§ 01 — Rates · 2
| 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 | — | — | 7.69% | 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% | — |
§ 02 — Fees · 12
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| BHCCU Enforcement Expense | Event | No fee | — | — |
| Credit Bureau Deafult Listing | Event | $75 | — | — |
| Debt Agreement Fee | Event | $150 | — | — |
| Enforcement Collection Cost | Event | No fee | — | — |
| Enforcement Expense | Event | No fee | — | — |
| Guarantee Security Fee | Event | $325 | — | — |
| Loan Contract Variation Fee | Event | $200 | — | — |
| Loan Redraw Processing Fee | Transaction | $35 | — | — |
| Credit Report Fee | Upfront | $20 | — | — |
| IPEX Fee | Upfront | $35 | — | — |
| Loan Establishment Fee - Self Employed or Debt Consolidation | Upfront | $705 | — | — |
| Loan Establishment Fee | Upfront | $280 | — | — |
§ 03 — Features
RedrawExtra repaymentsDigital bankingUnlimited transactions"Relationship Rewards"
- · No Monthly Account Keeping Fees
- · No Loan Service Fees
- · No Penalties For Early Payouts
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Citizens Or Permanent Residents
- · Amount $2,000 to no maximum
- · Subject To Eligibility For Credit Via Loan Application Assessment
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 11 June 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.