RRSP Investment Loan

An RRSP is a great way to save for your future but sometimes the years slip by and making those annual contributions to your plan just seems to fall by the wayside. It has been proven that the earlier your allowable RRSP contributions are made, the sooner higher balances start to accumulate -- and the closer a financially comfortable retirement becomes.

Borrowing for an RRSP can be an integral part of a calculated investment strategy. The tax savings of your contribution may offset the cost of borrowing.

Features

  • Tax refund can pay large portion of loan
  • Credit Life and Accident & Sickness Insurance available
  • No penalty for early payback or making extra payments

Benefits

  • Very competitive lending rates
  • Flexible payback options
  • Easy application and quick approvals
  • A fast and simple alternative to top up your RRSP

Talk to your Personal Financial Officer at the branch today. We'll walk you through the numbers and come up with the flexible payment option that is best for you.

 

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