BankWest is a financial institution in Australia that deals with commercial banking, wealth management, financing, among other functions. It has been providing services like BankWest Personal Loan, Secured Car Loan and Credit cards for more than a century. It had begun as a farmer bank, and over time it has grown and now more than 10,000 employees work here.
BankWest Personal Loan offers various type of loan that is worthwhile that the applicant can purchase an asset. They also have offer unsecured loans that help you to meet the client’s financial needs, goals, and commitments. Therefore Bank of the West helps one to offer these solutions by offering loans.
Who can apply for BankWest Personal Loan
Has to be 18 years and over
Permanent residents or Australian citizen
Must have a Regular or permanent income of more than $20,000 annually.
Applications for the loan are subject to approval by the bank
BankWest Personal Loan needed Documents
Proof of Identification. May include passport driver’s license birth certificate among other identification documents
Employment details employer letter and contacts
Information on income, expenses, assets, credit cards among other loans
Bankwest offers asset financing that client’s home loans, business loans, and car loans. This may include commercial properties; start up business financing equipment finance, among others. For personal loans, the bank offers flexible loans from $2000-$50,000; thus, the applicant has the choice of how a loan is enough for their needs. The customer cares at this level helps to advise on the repayment period as well as the interest rate for the loan.
Unsecured Personal Loans
The bank also gives unsecured loans with a repayment period of 60months at a fixed interest rate. The unsecured personal loan includes debt consolidation, a personal loan used for medical bills. Emergency expenses travel, among other personal expenses that the client may want to do.
Loan applicant apply for loan at the bank of the west is entitled to 0.25% discount that the payment can be automatically deducted from their account; thus, they will never miss any payment.
The loan application is very simple that an applicant can apply online, and the customer service gets back to the applicant within 24hrs as you as all the documents are valid, and vetting is done so as to get if they can pay the loan promptly. The payment also has to be as agreed.