Share Loan

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Share Loan

This loan is specifically for the purpose of purchasing shares. This loan is a great way for investors to build and retain wealth.

11.15% pa
interest rate

11.18% pa comparison rate¹

No redraw fees
No ongoing fees
Early repayment options without penalty for variable rate loans
Variable and lump sum repayments
Automatic repayment from salary

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How do I apply?

What documents do I need?

Evidence of Income:

Copy of 2 current pay slips or a letter from your employer stating commencement date and salary details
If your pay is not currently deposited to an LCU account, please supply 3 months' of complete bank statements
Proof and source of other income
If self-employed please provide full financial statements and tax assessments for the last 2 years and current figures no more than 3 months old
A copy of a recent rental lease or bank statements showing receipt of rent.

Evidence of Commitments:

Statement of your home and/or other loans
A copy of a recent rental lease or if boarding, a letter from the owner
Latest 3 months' of statements for all credit cards and store cards

Additional information

Rates are subject to change. Please refer to our rates and fees page.
¹Comparison rates are calculated on a loan amount of $30,000 over a term of 5 years for an unsecured loan. 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.

Key features
Calculator

Share Loan
Interest Rates
Variable Interest Rate	11.15% pa
Comparison Rate	11.18% pa¹
Features
Automatic Deposits (salary / account)	Yes
Minimum Amount	$2,000
Maximum Amount	$30,000
Loan period	up to 5 years
Repayments	Weekly, fortnightly or monthly
Establishment Fee	$20
Early repayments without penalty	Yes
Fees
Annual Fee	$0
Monthly Fee	$0
Redraw Fee	$0

¹ Comparison rates are calculated on a loan amount of $30,000 over a term of 5 years for an unsecured loan. 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.