Enviro Loan

 General Lending Rates

 Product Features

• Other Additional Information: No Monthly Service Fee

• Other Additional Information: Ability to make extra payments or repay the loan in full early at no cost.

• Other Additional Information: Flexible repayment options give you the ability to make repayments Weekly, Fortnightly, or Monthly.

• Digital Banking Additional Information: Bank 24/7 wherever you are and whenever you want with RAB mobile and internet banking.

• Digital Banking Additional Information: Fast approval times including digital upload of your Big 4 Bank account information saving you from the need to supply paper statements.

• Redraw Additional Information: Redraw is available at no cost enabling you to save for future expense by paying extra to your loan. A minimum redraw amount of $200 applies.

 Product Eligibility

• Employment Status - Ongoing Employment. Additional Information: Borrowers must demonstrate at least 6 months continuing employment history at the time of application.

• Residency Status - Australian Resident. Additional Information: Individuals must be citizens or permanent residents of Australia.

• Min Age - 16. Additional Information: Borrowers must be aged 16 or older to apply. Applicants under 18 years of age, but over 16 years, may only enter into a loan contract with an adult as co-applicant or guarantor.

• Other Additional Information: As a customer-owned bank, customers must also become a shareholder of Regional Australia Bank to be eligible to open an account.

• Other Additional Information: Product is available to approved borrowers only. Terms, conditions, fees, charges and normal lending criteria apply.

• Other Additional Information: Loan purpose is to make a sustainable and environmentally friendly purchase for home improvements.

 Bank Fees and Charges

• Late Payment Notice Fee (Event), Amount: 20.00. Additional Information: Applies when you fail to make your contracted repayments by the repayment due date.

• Approval Fee (Upfront), Amount: 195.00. Additional Information: Applied on approval of your Personal or Car loan, prior to the initial drawdown.

• Ppsr Registration & Discharge Fee (Event), Amount: 26.00. Additional Information: Applies when a security interest is registered or discharged against an asset you provide as security for the loan.

• Default Notice Fee (Event), Amount: 30.00. Additional Information: Applies when you fail to make your contracted repayments and we are required to issue a default notice to you.

 Limitations & Restrictions (Constraints)

• Min Limit of 500.00 Additional Information: A minimum loan amount of $500 applies to this product.