Car Loans.

Yes, you can apply for an additional loan, subject to loan approval.

Yes, you can make additional or lump sum payments on your Beyond Bank car loan. We do not charge early repayment fees.

You will need to call us on 13 25 85 or visit your nearest branch to get your final payout figure.

Please call us on 13 25 85 or visit your nearest branch before applying so that we can discuss your situation and provide you with relevant information.

You will need the following:

1. Proof of income - either directly paid to your Beyond Bank Account for at least 3 months or your 2 most recent payslips
2. Bank statements for any accounts, loans or investments held with another financial institution
3. Identification - if you aren’t an existing customer of Beyond Bank you will need to provide ID.

When you take out the loan, a car loan establishment fee is charged to your account. It is charged at the beginning of the loan when the loan money is deposited into your nominated account or if a transfer is made for a purchase.

Speak to us on 13 25 85 or in a branch or see our Fees and Charges Booklet to find out more about the fees applicable to your specific loan type.

A redraw facility allows you to access extra repayments you have made on your loan over and above the required minimum repayments.

A minimum of $500 plus the next scheduled payment are required in the loan before the redraw feature is available. A minimum redraw of $500 applies to all redraw requests, and the amount of the next secheduled repayment will unavailable for redraw. 

Please note: Transfers made into the loan on Internet Banking and Mobile Banking can take up to 24 hours to process. For immediate transfers please call us on 13 25 85 or visit a branch. Redraw must be enabled on the loan for redraw to show as available on Internet or Mobile Banking. 

A car loan statement includes your interest rate, loan balance, repayment transactions processed during the statement period, interest charged, redraws and or fees.

If the car loan has a variable interest rate your repayments may have changed due to a change in the interest rate. This occurs to ensure your repayments are sufficient to repay your loan within the agreed loan term. If your repayments change, we will write to you.