General Features of SBS Bank Rural Loans

Term Loans

• Competitive fixed or floating interest rates.
• Principal and interest, or interest only, repayment options up to 25 year terms.
• Interest is calculated daily and only charged on the portion of the loan you use.
• Surplus funds can be transferred in and transferred back out to transactional accounts as required to utilise cash surpluses (floating interest rates loans only).
• No account operating fees (such as minimum charge, base, annual, monthly facility holding fees and costs).

Flexi Loans

• Total flexibility to work within an approved loan limit.
• Competitive floating interest rates.
• Interest only terms available for up to 30 years.
• Interest is calculated daily and charged monthly on the portion of the loan you use.
• Surplus credit funds can be transferred to floating interest rate term loans to maximise interest cost savings and transferred back as required.
• No account operating fees (such as minimum charge, base, annual, monthly, facility holdings fees and costs) with 20 free withdrawal transactions (deposits are free) per month per account.
• 24 hour access to your funds via cheque book, ATM/EFTPOS card and telephone/internet banking services available.
• Monthly statements will help keep you up to date with any transactions you've made, as well as telling you how much credit you still have available. They also outline the minimum monthly repayment and when it must be paid.
• Banklink accounting services available.