Scotia Plan® Personal Loan

Right for you if:

  • You want the peace of mind knowing your loan will be paid off within a specified time frame
  • You need a repayment schedule that fits your budget
  • Borrow exactly what you need
    • Loans are available from $1,000 to $150,000, subject to credit approval and security.
    • Unsecured and secured credit options.
  • Customize your payments according to your budget
    • Flexible payment terms (ranging from 1 to 5 years).
    • Customized amortization periods based on security.
  • Flexible repayment terms
    • Ability to set a payment schedule that fits your needs, with flexibility should circumstances change. Plus, choose from a fixed weekly / bi-weekly / monthly payment.
    • Option to repay your loan at any time without penalty (excluding real estate secured loans).
  • Deferred payments
    • Choose to defer one principal payment each year during the course of the loan.
  • Available under the Scotia Total Equity® Plan
    • Use the equity in your home to lower the cost of your borrowing.
  • Protect Yourself
  • Monitor your progress
    • Check your loan balance online
  • Rates
  • 1 (Conditions apply, visit branch for more details)

PLUS:

Regular monthly payments for personal loans
Agree on a fixed weekly / bi-weekly / monthly payment that fits your budget – with flexibility should circumstances change.

Deferred payments
Choose to defer one payment each year during the course of the loan.

Personal Loan Calculator

Use the Scotiabank Personal Loan Calculator to determine your estimated interest and principal payments.



PLUS:

Monitor your progress
Check your loan balance online

Rates
To find out more about rates, visit local Scotiabank branch.

Personal Loan Calculator

Use the Scotiabank Personal Loan Calculator to determine your estimated interest and principal payments.




Ready to apply