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).