Bendigo Bank announces interest rate changes

Bendigo Bank has today announced a change to the pricing of variable rate home loan products following the RBA’s decision to increase the cash rate by 0.25% on Tuesday.

For Bendigo Bank home loan customers on a Variable Rate Loan, the interest rate will increase by 0.25% p.a. as of Wednesday 25 March.

“Bendigo Bank continues to carefully consider the impact of rate changes on borrowers and stands ready to support our customers when they need us,” Chief Customer Officer, Adam Rowse said. 

Bendigo Bank customers interested in better understanding how these changes will affect them can contact us directly, complete Bendigo Bank’s free online Home Loan Health Check and can access a range of Calculators and Tools, including a family budget tool.

Borrowers who are experiencing financial difficulty or are concerned that they may be at risk of financial difficulty, are encouraged to speak with their local branch manager, contact the Mortgage Help Centre on 1300 652 146 or visit www.bendigobank.com.au/help.