IMB New Car Loan – loan
Online loans up to $75 000
Loan amount
$2,000 – $75,000
Interest from
4.88%
Term
1 – 7 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $75 000
- Term 1 - 7 years
IMB Bank is a customer-owned mutual bank based in Wollongong, NSW, offering secured fixed-rate car loans for new vehicle purchases alongside its broader retail banking range.
✓ Pros
- Customer-owned mutual bank structure
- Fixed repayments for the loan term
- Lower typical rate than unsecured borrowing because the car is security
- Established regional bank with a long operating history
✗ Cons
- Fewer branches outside the Illawarra/NSW region
- Vehicle can be repossessed on default
- Loan term should be matched to the vehicle's useful life
How to apply
- Apply for your loan
- Wait for approval
- Wait for money
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident
- ✓ Regular income
- ✓ Vehicle details for security purposes (new, demo or used)
- ✓ Valid photo ID and proof of address
Frequently asked questions
24 hours
The minimum loan amount at IMB New Car Loan is $2,000.
About IMB Bank
| Company | IMB Bank |
|---|---|
| Address | Australia |
| Website | https://www.imb.com.au |