Great Southern Bank
Green Car Loan
Need a personal loan for an electric or hybrid car? We break down what your options are including eligibility criteria, frequently asked questions and more.
Personal loansBank updated 16 Sept 2026
At a glance
- Fixed
- 15.00% · 6.23% comparison
- Loan size
- $5,000 to $100,000
- Upfront fee
- $325
§ 01 — Rates · 12
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| DiscountInterest rate is available for customers with Equifax score between 500-549 | P&I | — | — | 2.56% | — | — |
| DiscountInterest rate is available for customers with Equifax score between 550-599 | P&I | — | — | 3.56% | — | — |
| DiscountInterest rate is available for customers with Equifax score between 600-674 | P&I | — | — | 4.56% | — | — |
| DiscountInterest rate is available for customers with Equifax score between 675-799 | P&I | — | — | 6.06% | — | — |
| DiscountInterest rate is available for customers with Equifax score between 800-999 | P&I | — | — | 7.56% | — | — |
| DiscountInterest rate is available for customers with Equifax score between 1000-1200 | P&I | — | — | 8.91% | — | — |
| FixedInterest rate is available for customers with Equifax score between 1000-1200 | P&I | 7 yrs fixed | — | 15.00% | 6.23% | — |
| FixedInterest rate is available for customers with Equifax score between 500-549 | P&I | 7 yrs fixed | — | 15.00% | 12.59% | — |
| FixedInterest rate is available for customers with Equifax score between 550-599 | P&I | 7 yrs fixed | — | 15.00% | 11.59% | — |
| FixedInterest rate is available for customers with Equifax score between 600-674 | P&I | 7 yrs fixed | — | 15.00% | 10.58% | — |
| FixedInterest rate is available for customers with Equifax score between 675-799 | P&I | 7 yrs fixed | — | 15.00% | 9.08% | — |
| FixedInterest rate is available for customers with Equifax score between 800-999 | P&I | 7 yrs fixed | — | 15.00% | 7.58% | — |
§ 02 — Fees · 8
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Account Information Fee | Event | $20 | — | Account informaton fee is payable when customer request the following: - An annual audit certificate on a Great Southern Bank account - A copy of a cheque or Visa voucher - Personal information, trac… |
| Arrears Letter Fee | Event | $22 | — | Payable where Great Southern Bank sends you a letter in relation to arrears on your account. |
| Debt Collection Fee | Event | Varies | — | Costs incurred in the recovery of outstanding debts vary depending on the nature of the default. These costs are applied by the Solicitors or independent contractors engaged to undertake action to re… |
| Default Notice Fee | Event | $33 | — | Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account. |
| Substitute Security Variation Fee | Event | $100capped $100 | — | Payable if you request, and we agree to re-arrange and/or substitute a security on a personal loan. |
| Telegraphic transfer fee within Australia | Event | $35 | — | Local telegraphic transfer to an account at a financial institution within Australia. Payable where you request a local telegraphic transfer to an account at a financial institution within Australia. |
| Establishment Fee | Upfront | $225capped $225 | — | An establishment fee includes the cost of processing the application and the preparation of loan documentation. |
| Security Admin Fee | Upfront | $100capped $100 | — | Payable upfront when Great Southern Bank needs to register a financial interest in the vehicle that is being secured against the loan. |
§ 03 — Features
RedrawExtra repaymentsDigital banking
- · Available for new and used vehicles up to 7 years old.
- · Flexible repayment options - choose to make either monthly, fortnightly or weekly repayments to suit your income and budget.
- · No penalties for early payout, pay off sooner without being charged a fee.
- · $0 Monthly or annual fees.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
- · Available to individuals
- · Amount $5,000 to $100,000
- · Applications for Personal Loans are subject to credit approval.
§ 05 — Compare
§ 06 — Run the numbers
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Published by Great Southern Bank under the Consumer Data Right, last changed by them on 16 Sept 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.