Westpac has launched its “Warm up this winter campaign” with a great interest rate of 14 per cent pa fixed for a term up to two years on its unsecured personal loans. An unsecured Personal Loan applies for personal purchase including household goods, cars, holiday, medical and educational expenses.
Westpac Head of Retail Sales and Service Gavin Kinnear said the bank’s decision to offer the great new fixed interest rates of 14 per cent pa to the consumer market shows the bank’s commitment to the community
“Westpac has taken a step forward in offering the lowest personal loan rates in the market which portrays the bank’s confidence in the local market,” he said.
“Our low interest rate and quick turnaround time to process loans will ensure our customers achieve their goals. Furthermore as an incentive customers having loans approved before September 28 2012, go into a draw to win their first year of their loan repayments paid off. There will be two prize winners.
Mr Kinnear said the provision of the reduced personal loan rates complement the bank’s recent reduction of its home loan rates- 5.50 per cent for first year fixed and 5.75 per cent pa for two year fixed. The lending rate reductions support Westpac’s vision of being the number one provider of financial services in the Pacific region.
“Introducing the best interest rate falls in line with Westpac’s goals to improve the wealth of Pacific communities especially Fiji Islanders through our superior financial services,” he said. The Westpac Unsecured Personal Loan offers new lending to customers needing cash for all those worthwhile and also unforeseen expenses from household goods to vacation to funeral expenses. Customers may also choose to top up their existing unsecured personal loans to benefit from the low fixed rate or take up a new loan.
Westpac’s normal lending criteria apply and customers will have to meet eligibility requirements to qualify for a personal loan. Some features of the bank’s Unsecured Personal Loan include:
- Loan amounts varies from $500 to $10000
- A maximum term of two years
- Interest rate fixed at 14 per cent pa
- Flexible repayment methods including automatic payments so customers don’t have to go through the hassle of physically making payments at the branches
- Quick turnaround time
For more information on Westpac’s Loan products or any of the bank’s products and services please call Westpac Call Centre on 132 032 and speak to a Customer Service Representative (8am to 6 pm Business Days only) or visit any Westpac Branch.