Personal Loan

 General Lending Rates

• Lending Rate Type: Fixed
• Interest Rate: 14.00%, Comparison Rate 14.99%
• Repayment Type: Principal And Interest
• Loan Purpose:

• Lending Rate Type: Variable
• Interest Rate: 17.15%, Comparison Rate 18.11%
• Repayment Type: Principal And Interest
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 11.30%, Comparison Rate 12.32%
• Repayment Type: Principal And Interest
• Loan Purpose:

 Product Features

• Other Additional Information: • Fixed and variable interest rates available. Fixed rates offer the security of always knowing how much your repayments will be in advance, which makes it easy to manage your finances. • Loans available for a range of amounts and terms. • Flexible repayment options - weekly, fortnightly, or monthly. • Easy repayment methods including via internet banking, and direct debit from your Arab Bank Australia account. • Secured and unsecured options. Security can be a car, boat or a guarantee. • Ability to make extra repayments on a variable rate personal loan without any penalties. • Regular statements available.

• Other Additional Information: Secured and unsecured options

• Digital Banking

 Product Eligibility

• Min Age - 18.

• Other Additional Information: The following is subject to the Bank’s lending criteria: • New and existing customers. • Individuals who are 18 years of age or over. • Available only for private or domestic use and cannot be used for business purposes. • Successful completion of applicable Arab Bank Australia Limited (ABAL) identification check requirements.

 Bank Fees and Charges

• Application Fee (Upfront), Amount: 600.00.

• Transfer Fee (Event), Amount: 300.00. Additional Information: Payable if the Customer asks the Bank to change the security property by releasing its security over some or all of the security property and taking security over different property, without any other amendments to the agreement. It does not include any solicitor costs or fees payable to a government registry to register a document.

• Arrears Letter Fee (Event), Amount: 35.00.

• Search Fee (Transaction), Amount: 70.00. Additional Information: Per hour or part thereof - payable whenever the Customer (or a Guarantor) requests a copy of a document (other than a statement) connected to the Facility. It is calculated on the basis of the time that it takes the Bank’s staff to search for the document.

• Direct Debit Dishonour Fee (Event), Amount: 35.00. Additional Information: Payable whenever a direct debit to the Customer’s loan account is dishonoured.

• Tenanted Security Report Fee (Event), Amount: 100.00. Additional Information: Per hour or part thereof - payable when the security property is to be the place of residence of the Customer and the Bank ascertains by inspection (because the Customer did not tell the Bank) that the Customer no longer occupies the security property. It is calculated on the basis of the time that it takes the Bank’s staff or agents to inspect the security property.

• Deed Production Fee (Event), Amount: 60.00. Additional Information: Payable by the Customer whenever the Bank is required to produce a document to a government registry. It does not include any solicitor costs or fees payable to a government registry to register a document

• Additional Security Consent Fee (Event), Amount: 150.00. Additional Information: Payable whenever the Customer asks the Bank to consent to a security interest over the security property or any other property subject to the security. It is payable whether or not the Bank consents to the security interest

• Discharge Of Security Fee (Exit), Amount: 250.00. Additional Information: Payable if the Bank agrees to discharge a security. The Bank may use some or all of this fee to pay its external costs. It does not include any solicitor costs or fees payable to a government registry to register a release of the security

• Title Change Fee (Event), Amount: 100.00. Additional Information: Payable if the Customer asks the Bank to change the title to any security property (for example as a result of a court order or by operation of law). It does not include any solicitor costs or fees payable to a government registry to register a document.

• Account Service Fee (Periodic), Amount: 24.00.

 Limitations & Restrictions (Constraints)

• Min Limit of 5000.00

• Max Limit of 50000.00