Loans & Lines of Credit

Choose a borrowing solution that’s right for you

Loans

StartRight Auto Finance Program


Qualify for a loan with no Canadian credit history


Take up to 5 years (60 months) to pay back your loan

Loans

Auto Loan


Scotiabank is the #1 choice for vehicle financing in Canada.


Get up to $200,000 for your next vehicle.

Loans

EcoLiving Auto Loan


Buy a new electric, hybrid or diesel vehicle you could be eligible for a government rebate towards the purchase of a qualified vehicle.

Loans

Grad Auto Loan


Buy a car up to 90 days before you start a full-time job.

Skip the down payment with 100% financing.

Loans

Marine and Boat Loan


Buy a new boat or used sailboat or power boat of any age.


Take your time to pay off the loan – up to 20 years.

Loans

Motorcycle & Leisure Vehicle Loan


Buy a new motorcycle, All Terrain Vehicle (ATV), quad, snowmobile, personal watercraft (PWC) or other leisure vehicle.


Or buy a used motorcycle or leisure vehicle that’s up to 5 years old.

Loans

Scotia Plan Personal Loan


Use your loan for anything you want.


Take up to 5 years to pay it back.


Save with a great fixed or variable interest rate.

Loans

Recreational Vehicle Loan (RV)


Scotiabank is the #1 choice for dealership financing.


$200,000 for your next RV

Lines of Credit

Scotia RSP Catch-Up® Line of Credit


Get a preferred lending rate and invest in an RSP for your future.


Make regular contributions to your RSP.


Pay no interest until you use your line of credit.

Lines of Credit

Scotia Total Equity® Plan


Secured borrowing rates.

Apply just once to secure your overall borrowing limit ScotiaLine® Personal Line of Credit - Low rates with payment options available.

Lines of Credit

ScotiaLine® Personal Line of Credit


Combines high credit limits and very competitive rates.


Minimum payments could be as low as interest only.

Loans

Scotia RSP Plan Loan


Borrow to Save. Get a preferred 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 a penalty. 

Lines of Credit

ScotiaLine® Personal Line of Credit for Students

Deferred principal payments. 


Make interest-only payments while you're still in school.

How borrowing works

When you borrow money, you agree to pay it back with interest over time. With a loan, you know it will be paid off over a specific period of time with fixed payments. With a line of credit, you have the flexibility to repay as much as you want or as little as interest only every month.

Got questions?
We’re here for you.

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At the dealership

Visit your dealer and ask for Scotiabank financing.

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By Phone

Call Scotiabank

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In Person

Make an appointment at your local branch