Bendigo Bank, part of Bendigo and Adelaide Bank Limited, is consistently ranked as Australia’s most trusted bank (Roy Morgan Risk Monitor 2024), serving millions of customers nationwide.
What you need to know about this loan
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Loan Amounts Offered: Flexible (Secured and Unsecured options available)
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Loan Terms (monthly): Up to 7 years
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Payment methods: Weekly, fortnightly, or monthly
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Interest rates: Secured Loan: 7.79% p.a. (Comparison 8.51% p.a.)
Pros
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Flexible repayments – choose weekly, fortnightly, or monthly schedules.
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Green loan discounts – reduced rates for eco-friendly purchases.
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Student options – loans tailored for education and apprenticeships.
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Trusted bank – voted Australia’s most trusted bank in 2024.
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Quick response – application results provided within 48 hours.
Cons
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Slower approval – response time is longer compared to CommBank or Westpac.
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Higher unsecured rates – unsecured loans come with higher interest.
Why Choose Bendigo Bank for Your Personal Loan?
CommBank is faster, but Bendigo offers specific student loans, making it ideal for younger borrowers.
Westpac focuses on car loans, while Bendigo provides broader loan purposes, from holidays to boats.
ANZ allows redraw, but Bendigo’s Green Loan rates (from 5.49% p.a.) are among the lowest in Australia.
NAB has competitive personal loans, but Bendigo stands out as the most trusted bank, giving borrowers peace of mind.
Latitude is fast, but Bendigo offers community-focused banking, reinvesting profits into local areas.
How to apply for your Bendigo Bank Personal Loan
The process is simple: choose the loan type that fits your needs, apply online or in branch, provide supporting documents, and receive a response within 48 hours. Start today and move one step closer to achieving your goals.