Personal Loans

About Personal Loan

providing a low rate Personal Loan Service in Melbourne.

Here at Aumkar Finance, our expert consultants assist you in providing a low rate Personal Loan Service in Melbourne. With a dedicated team of professionals we help you achieve all your personal goals and make sure that you don’t have to compromise anymore.

 

Here you will get the most convenient and affordable rate in Personal Loans with lower interest rates in Melbourne. With a more than 18 lenders and that makes us one of the best Personal loan providers in Melbourne.

Offers

Types of Personal Loans

There are two main types of personal loans :
A common type of secured personal loans is a car loan, which is secured by the car you are buying. Because car loans are such an important product for many Australians and they often have different terms and conditions to other personal loans.
  • Secured

    The loan is secured against an asset that you own, and if you do not repay the loan, they can sell this asset to repay the loan.

  • Unsecured

    The bank is relying solely on your income flow to repay the loan.

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Unsecured personal loan is a kind of the personal overdraft facility, which allows you to keep spending up to a credit limit after you have spent the full balance of your savings account or transaction account. Interest is charged on the balance of your overdraft. When the overdraft is in use, a monthly fee is usually charged to maintain the line of credit. But when the overdraft is not in the use, only the normal fees for your savings or debit account are charged.

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No matter whether you’re looking out for the best possible deal for a first mortgage application, or are a business owner dreaming of unlocking future growth for your business, we are more than ready and able to assist.