Home > Loans > Personal loans > Teachers Mutual Bank personal loan and car loan interest rates


Effective 1 February 2013

Annual %

Comparison rate%*

Variable loans

Secured New Car Loan
8.39%pa
8.71%pa
Car Loan

9.95%pa

10.64%pa

Travel Loan

11.45%pa

12.15%pa

All Purpose Loan
13.19%pa
13.90%pa
Overdraft (RediCredit)

12.64%pa

Overdraft (RediCredit for Students)

12.05%pa

Existing loans only (no longer available for sale) 

Unsecured New Car Loan
9.54%pa
-

*Comparison Rates quoted are based on $10,000 for a term of 3 years for Travel Loans, $10,000 for a term of 3 years for unsecured car loans and All Purpose Loans and $30,000 for a term of 5 years for Secured New Car Loans, with monthly repayments. WARNING: This Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison Rate. Fees and charges and lending criteria apply. Terms and conditions available on request.

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