The following fees and charges may apply to all personal loans.
These should be read in conjunction with the fees and charges specified for the product on their individual product pages.
Administration charges
| Fee type | Fee amount |
|---|---|
| Loan Establishment Fee |
$199.00 |
| Monthly Maintenance Fee | $5.00 |
| Goods Security Administration Fee Charged per vehicle. |
$20.00 |
General fees
| Fee type | Fee amount |
|---|---|
| Late Payment Notification Fee Charged when a payment to a personal loan becomes overdue by 11 days and 30 days. |
$5.00 |
| Notice of Demand Fee Charged when a payment to a personal loan becomes overdue by 46 days. |
$75.00 |
| Management Administration Fee Charged monthly when a payment to a personal loan becomes overdue by more than 90 days. |
$50.00 |
| Collection Agent Administration Fee Payable when a payment to a personal loan becomes overdue for more than 90 days and we choose to engage an external collection agent. |
$100.00 |
Other fees
| Fee type | Fee amount |
|---|---|
| Statement Retrieval Fee Payable on request to issue a copy of a previously issued statement. |
|
| First page | $6.00 |
| Each subsequent page | $1.50 |
| External Dishonour Fee | |
| Direct debit | $6.00 |
| Manual trace | $40.00 |
Government charges
State and Federal Governments apply various charges relating to the loan amount, Security, purchase of Property and Property Settlement, for example:
- Stamp duty
- Registration/discharge of Securities
- Duty on duplicate documents
- Searches of land titles
Where applicable these fees and charges are payable by yourself in addition to those shown above.
Further details of applicable government charges are available upon request at any P&N Bank branch.
Important information
P&N can change the standard fees and charges that apply to loan accounts from time to time. Please refer to the terms of your credit contract.