^ Comparison rate calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. WARNING: This comparison rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts will result in a  different comparison rate.
 




Your estimated monthly repayment
$293
  1. Complete the form

    First we need to know a little about you.

  2. Get approval

    We'll work as quickly as possible to provide an answer on your application following submission. 

  3. Secure your funds within 24 hours

    Once your paperwork is completed, in most cases the money will be sent within 24 hours.

  • Years of Membership Benefits apply

    If you're eligible for RACV's Years of Membership Benefits**, and apply direct with RACV, enjoy even lower interest rates. This discount also applies to the new car special rate.

  • Fast approval

    We'll work as quickly as possible to provide an answer on your application following submission.

You could receive an even better rate on your loan depending on how long you have been with us.

Our Years of Membership Benefits discounts

Our Years of Membership Benefits discounts

Bronze

5-9 years

Silver

10-24 years

Gold

25-50 years

Gold 50

51+ years
Annual discount available for RACV products. Discount available on applicable rate.

5%

10%

15%

20%

A Target Market Determination is a document which describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers. It also describes the events or circumstances where we may need to review the Target Market Determination for a loan product. View the Target Market Determination for RACV Secured Personal Loan (197.5kB), RACV Unsecured Personal Loan (187kB), and RACV Green Car Loan (PDF 202.2kB).

What do I need to apply?

You will need to supply your personal details, including your driver's licence number, employment details, assets, liabilities and income. We will verify this information with you later.

How long does approval take?

Approval times can vary, though trust that we aim to provide an answer on your application as quickly as possible. Usually, once you’ve signed the paperwork, you will receive the funds within 24 hours.

How do I make repayments?

By direct debit or BPAY. Loan repayments will automatically be taken from your chosen bank account every month or fortnight.

Do RACV’s Years of Membership Benefits apply?

Yes, Years of Membership Benefit applies to all consumer loan applications (subject to approval) made directly through RACV. Any loan application introduced through a broker/intermediary will not be eligible to receive the discount.

** Years of Membership benefit applies to all consumer loan applications (subject to approval) made directly through RACV. Any loan application introduced through a broker/intermediary will not be able to receive the discount. 
 

The information provided is general advice only. Before making any decisions please consider your own circumstances and the Product Disclosure Statement and Target Market Determinations. For copies, visit racv.com.au. Royal Automobile Club of Victoria (RACV) Ltd AR 001243563 is an authorised representative of the issuer and receives commission for each policy sold or renewed. RACV Travel Insurance issued by Tokio Marine & Nichido Fire Insurance Co., Ltd ABN 80 000 438 291 AFSL 246 548. Terms & conditions apply, refer to the PDS.