Why BankVic?
Why choose us?
100% member-owned
Being member-owned means our profits benefit our members and their communities
We make it easy
We are online, it's easy to get us on the phone, or visit a branch
We're flexible
We work with you to find what's right for you, not everyone else
Compare
Home loans with more than low rates
Offer: $1,500 cash back
3 Year Introductory Rate
2.19p.a.
Variable rate
2.89p.a.
Comparison rate
$0 establishment fee
$0 ongoing, annual or package fees
$200k minimum loan amount
Up to 80% LVR maximum
Redraw available (min $50)
Flexible repayments weekly, fortnightly or monthly
Unlimited additional repayments
Roll to Base Variable rate after 3 years
Apply Now Terms and conditions apply
Premium Home Package
1.95p.a.
2 year fixed rate
3.75p.a.
Comparison rate
$375 annual package fee
Offset & redraw only on variable loans (redraw min $50)
Flexible repayments weekly, fortnightly or monthly
Unlimited additional repayments ($10k limit pa on fixed rate loans)
Additional package benefits available on home loans, term deposits, credit cards and insurance
Apply Now Terms and conditions apply
Eligibility
Who can apply for our home loans?
Be eligible to be a BankVic member
If you are a serving police, health or emergency service worker, work in the Victorian public service or related to or close friends with one of these workers you are eligible to be a BankVic member
Be at least 18 years of age
You must be 18 years or older and an Australian citizen
Have a regular PAYG income
You must have a regular PAYG income and be outside any probationary periods of employment
Have an email address
If you are making a joint application, both parties must have different email addresses
With you every step
Meet a
mobile lender
What to expect
Here with you at every step
1. Start your application
Apply online, in branch, over the phone or with one of our mobile bankers to get your home loan journey underway.
2. Review your application
Once we have received your application, one of our lending consultants will be in contact to review your application with you and let you know if any additional information is required to help with our assessment.
3. Conditional Assessment
When we have received all the required information, we will assess your application and if all is in order, provide you with conditional approval.
4. Unconditional Approval
Together we’ll make sure everything is finalised and verified, you will then receive a loan offer and contract to sign.
5. Settlement
When we have received your signed loan documents, a settlement date will be confirmed and on the agreed date, we will draw down funds to pay for your property or pay out your old loan.
WAYS TO APPLY
We're here to help
at every step
Compare online
Compare and select from our range of home loan products above
Call on 13 63 73
To speak to one of our home lending experts
Meet a mobile lender
Get help from an expert face to face or online
Get in touch
Visit us in branch
Find the branch closest to you
See branches
Terms and conditions
Important things you should know
Information on this page is general in nature and does not take into account your personal circumstances. You should consider whether it is appropriate for you before acquiring the product or service.
Fees and charges may apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.
We recommend that you read the following documents: