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Deposit Secured Car loan

Deposit Secured Car loan - EECU

Don't want to apply online?
Call 1300 65 3328
from 9.00am to 5.00pm
Monday to Friday or
visit our offices in Melbourne or Sale




A car loan for when you have the money to buy a car but don’t want to use it. Keep your funds safely invested in an EECU high interest account as security for your car loan and still benefit through a low interest rate.

  • Interest rates:
Variable
  • Once only set up cost:
$125
  • Minimum loan amount:
$5,000
  • How much can I borrow:
Up to 100% of deposit amount (including on road costs)
  • Repayment frequency:
Weekly, fortnightly or monthly
  • Loan terms:
Up to 7 years
  • Redraw:
Yes (minimum $500 per redraw)
  • Early repayment without penalty:
Yes