About Australian military bank ltd
Australian Military Bank Ltd: Providing Banking Services to the Australian Defence Force since 1959
Australian Military Bank Ltd is a financial institution that has been providing banking services to the Australian Defence Force (ADF) since 1959. The bank was established with the aim of providing financial solutions to ADF members and their families, and it has been fulfilling this mission for over six decades.
The bank offers a range of products and services, including DHOAS Home Loans, Home Loans, Personal Loans, Savings Accounts, Transaction Accounts, Term Deposits and more. With its focus on serving the unique needs of ADF members and their families, Australian Military Bank has become one of Australia's most trusted financial institutions.
DHOAS Home Loans
One of the key products offered by Australian Military Bank is DHOAS Home Loans. This product is designed specifically for current or former ADF members who are eligible for the Defence Home Ownership Assistance Scheme (DHOAS). The scheme provides eligible members with subsidies on their home loans based on their length of service in the ADF.
Australian Military Bank offers competitive interest rates on DHOAS home loans as well as flexible repayment options. The bank also provides expert advice to help customers choose a loan that suits their needs.
Home Loans
In addition to DHOAS home loans, Australian Military Bank also offers standard home loans for customers who do not qualify for DHOAS subsidies. These loans come with competitive interest rates and flexible repayment options.
Personal Loans
Australian Military Bank provides personal loans to help customers meet unexpected expenses or finance major purchases such as cars or holidays. Customers can choose from secured or unsecured personal loan options depending on their needs.
Savings Accounts
The bank offers a range of savings accounts designed to help customers save money while earning interest. These accounts include Bonus Saver Account which rewards regular savers with bonus interest each month they make no withdrawals; Online Saver Account which offers a high interest rate and easy access to funds; and Christmas Club Account which helps customers save for the holiday season.
Transaction Accounts
Australian Military Bank provides transaction accounts that offer flexibility, convenience and security. These accounts include Everyday Access Account which comes with a Visa debit card, unlimited transactions and no monthly account fees; Defence Package which offers additional benefits such as free ATM withdrawals, travel insurance and more; and Youth Access Account designed for customers aged 12-17 years.
Term Deposits
The bank also offers term deposits that provide customers with a guaranteed return on their investment. Customers can choose from a range of terms ranging from 1 month to 5 years depending on their needs.
Customer Service
Australian Military Bank is committed to providing excellent customer service to its members. The bank has a team of experienced staff who are dedicated to helping customers find the right financial solutions for their needs. Customers can contact the bank via phone or email or visit one of its branches located across Australia.
Conclusion
In conclusion, Australian Military Bank Ltd is an established financial institution that has been serving the unique needs of ADF members and their families since 1959. The bank offers a range of products and services including DHOAS Home Loans, Home Loans, Personal Loans, Savings Accounts, Transaction Accounts, Term Deposits and more. With its focus on providing excellent customer service combined with competitive interest rates and flexible repayment options, Australian Military Bank has become one of Australia's most trusted financial institutions.