Unicredit / Loans / Student Loans

No establishment or ongoing fees

No early repayment penalty

Only a 10% deposit required

Unicredit can get you moving faster, with 48 hour approval of your car loan. Loans for cars up to 5 years old can be secured against the car, with as little as 10% deposit. Cars older than 5 years can still receive a great loan rate by securing with a parental guarantee.

STUDENT CAR LOAN	Interest Rate	Comparison Rate ¹
Car up to 1 year old	9.90% pa	9.90% pa
Car up to 5 years old	10.90% pa	10.90% pa
Car older than 1 year with Parental Guarantee	9.95% pa	9.95% pa
Car older than 5 years (unsecured)	11.95% pa	11.95% pa

Student Loan Features
No establishment or ongoing annual fees	Avoid paying any establishment, annual or ongoing fees with a Unicredit student loan. Government fees may apply.
Easy to manage repayment schedule	Choose weekly, fortnightly or monthly repayments to match your pay cycle.
Range of repayment options	Choose automatic deductions from your Unicredit account or salary or make your repayments at any Unicredit branch or Bank@Post outlet .
Extra repayments with no early payout penalty	Make extra repayments on loans without penalty and reduce the interest payments and term of your loan.
24-48 hour approval	A quick answer on your loan application so you can go shopping for your car without delay.
Loan terms range from six months to 5 years	Set a repayment schedule that you are comfortable with over six months to 5 years.
On campus branch convenience	Our conveniently located branches on your university campus make it easy to speak to a Unicredit representative about your loan enquiry.
Personalised and professional service	Call Unicredit and speak directly to a friendly Lending Consultant to discuss your personal financial needs.
Casual employment or Austudy/ Youth Allowance accepted	Unicredit accept part-time or casual employment in addition to Austudy/ Youth Allowance as sources of income when assessing your capacity to repay the loan.

Minimum Fortnightly Payments (over 5 years)

	New Car	1-5 years old	Older than 5 years ^{(with parental guarantee)}	Older than 5 years ^(unsecured)
$5,000	$48	$49	$48	$51
$8,000	$78	$79	$78	$81
$10,000	$97	$99	$97	$102
$12,000	$117	$119	$117	$122
$15,000	$146	$149	$146	$153

Please note that the above figures are used as a guide only and do not include stamp duty and REVS registration. Student loans are generally secured with a parental guarantee.

:: Online loan calculator

Speak to a Lending Consultant –

- You can speak to a Lending Consultant directly on 9389 1011 or email enquiries@unicredit.com.au.

- Your campus branch will be able to assist you with most general enquiries.

Apply today –

Student Car / Personal Loan

Things you should know

All loan applications are subject to Unicredit's normal lending criteria. Fees and government charges apply, please refer to our Fees and Charges Schedule, by clicking on the link below or collecting from any Unicredit branch.

1 Comparison rate is for a loan of $10,000 for a term of 3 years.

WARNING: These comparison rates apply only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Calculations are based on a monthly repayment frequency.

Comparison Rate Schedules are available from any Unicredit branch, or can be downloaded by clicking on the link below.

Personal Loan Comparison Rate Schedule

Loans

Student Car Loans

Speak to a Lending Consultant –

Apply today –

Things you should know