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Deposit Secured Personal loan

Deposit Secured Personal loan - EECU

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Call 1300 65 3328
from 9.00am to 5.00pm
Monday to Friday or
visit our offices in Melbourne or Sale




EECU provide members with a range of options for lower interest personal loans. A Deposit Secured Personal loan can be useful when you have funds
but don’t want to use them. Keep your funds safely investing in an EECU high interest account as security for your personal loan and still benefit through a low interest rate.

  • Interest rates:
Variable
  • Once only set up cost:
$125
  • Repayments:
Weekly, fortnightly and monthly
  • Redraw:
Yes (minimum $500 per redraw transaction)
  • Secured by an EECU deposit:
Does not tie up other assets
  • No minimum loan amount.
  • Maximum loan amount equal or less than the amount of the deposit, with a term up to 7 years.
  • No ongoing monthly or annual administration fees.
  • Additional or lump sum repayments are accepted without penalty.