RSP Catch Up Loan

Right for you if:

  • You want to maximize your RSP contributions
  • You want to borrow money to save money
  • Very competitive interest rates1
    Borrow up to $50,000
  • Long & flexible repayment terms
    Take up to 15 years to repay and even defer 3 monthly payments

PLUS:

Repay all or part of your loan at any time with no penalty.

Loss of Life and Disability Protection are also available to ensure monthly payments continue to be covered, or the balance owing paid out, in the event of disability or death.


To protect yourself against rising rates, you can fix your loan for up to 5 years.


Scotia RSP Catch-Up Calculator

Try the Scotia RSP Catch-Up Calculator to determine your estimated payments and to see the benefits of boosting your RSP contributions.


Ready to apply

  • 1 Please contact your Scotiabank Branch to determine the lending solution for your unique needs.