Scotia RSP Plan Loan

Right for you if:

  • You want to save for your future
  • You want to maximize your RSP contributions
  • Borrow to save Get a preferred lending rate and invest in an RSP for your future.
  • Balance your budget Borrow only what you need.
  • Peace of mind Customized amortization periods with the flexibility to pay off your loan at any time, without penalty.


Choose from weekly, biweekly, semi-monthly or monthly payment options.

Payment deferral feature lets you defer for three monthly payments while you wait for your tax refund.1

Scotia Plan Loan Protection can mean providing the financial support that you and your family may need during a difficult time.

Up to $50,000 in available credit

Save for your future and you could save on the taxes you pay in that year.

Find full information on interest and non-interest costs on Personal loans on the Personal Credit Agreement (371 kb).

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