Loans
Have a major project or goal in mind? Whether you want to renovate your home, borrow to invest or consolidate debt, we have borrowing solutions that fit. Our credit specialists can help you find what’s right for you.
Book an AppointmentFind the Right Borrowing Solution
Select Your Goal
- Getting Out of Debt
- Completing a Renovation Project
- Paying for University
- Starting Life After School
- Retiring Comfortably
Line of Credit
A low cost and flexible way to borrow, a line of credit could save you money, and help you easily manage your credit.
- Everyday low interest rates
- Flexible payment options – make just the minimum paymentLegal Disclaimer 1 or pay more to reduce your balance
- Access funds at any time via RBC Online BankingsLegal Disclaimer 2, the RBC Mobile appsLegal Disclaimer 3, ATM, branch or by writing cheques
Personal Loan
An ideal solution if you want a structured repayment plan that pays off your loan balance by the end of a specified period of time.
- Fixed and variable rates available
- Flexible terms range from 1 -5 years
- No early prepayment charges – pay off your loan in full at any time without penalty
Home Improvement Loan or Line of Credit
Choose from a wide range of financing solutions to fund everything from a large-scale home renovation to a small weekend project.
- Financing options for any size project
- Leverage your home equity to secure a lower interest rate
- Special financing solutions for green home improvement projects
Personal Loan
An ideal solution if you want a structured repayment plan that pays off your loan balance by the end of a specified period of time.
- Fixed and variable rates available
- Flexible terms range from 1 -5 years
- No early prepayment charges – pay off your loan in full at any time without penalty
Line of Credit
A low cost and flexible way to borrow, a line of credit could save you money, and help you easily manage your credit.
- Everyday low interest rates
- Flexible payment options – make just the minimum paymentLegal Disclaimer 1 or pay more to reduce your balance
- Access funds at any time via RBC Online BankingsLegal Disclaimer 2, the RBC Mobile appsLegal Disclaimer 3, ATM, branch or by writing cheques
Student Line of Credit
This is an easy, cost-effective and flexible way to borrow money for tuition, books and more.
- Competitive interest rates and flexible limits
- Apply once and use your credit as you need it
- Access funds at any time
Personal Loan
An ideal solution if you want a structured repayment plan that pays off your loan balance by the end of a specified period of time.
- Fixed and variable rates available
- Flexible terms range from 1 -5 years
- No early prepayment charges – pay off your loan in full at any time without penalty
Line of Credit
A low cost and flexible way to borrow, a line of credit could save you money, and help you easily manage your credit.
- Everyday low interest rates
- Flexible payment options – make just the minimum paymentLegal Disclaimer 1 or pay more to reduce your balance
- Access funds at any time via RBC Online BankingsLegal Disclaimer 2, the RBC Mobile appsLegal Disclaimer 3, ATM, branch or by writing cheques
RRSP Loan
An RRSP loan could help you build a secure retirement by allowing you to make this year’s contribution or catch up on past contributions.
- Borrow up to $50,000
- Attractive rates and terms
- Your first payment can be deferred for up to 90 days, so you can use your tax rebate to repay all or some of your loan
Loan Calculators
Explore our loan calculators and other tools to estimate your payments, see how much you could save with a given borrowing solution and more.
Manage Your RBC Line of Credit or Loan
Already have an RBC lending product? It’s easy to stay on top of your line of credit or loan.
- Check your balance, interest rate and payment details
- Make a payment
- View your balance, credit limit and remaining credit on your Royal Credit Line
- Apply for or view your LoanProtector life and disability insurance coverage
Protection for the Big Things in Life with LoanProtector InsuranceDisclaimer 4
LoanProtector Life, Disability and Critical Illness Insurance can act as a financial safety net for you and your family, helping you make your payments if the unexpected happens.
Apply for a Line of Credit or Loan
Our credit specialists can help you find the credit solution that’s right for you.