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RRSP Loan
Don't miss out on the tax benefits of contributing to your RRSP – and providing for your retirement. Choose from:
RRSP ReadiLine Account
- Interest rates at Prime.
- Once your line of credit is set-up, you can access
funds without having to apply again.
- Use to purchase BMO Financial Group RRSPs, including BMO Investments Inc., BMO InvestorLine Inc. or BMO Nesbitt Burns Inc.
- Credit limits from $1,000 up to $20,000.
- Make contributions year round – just contact your
Financial Services Manager.
- Affordable regular payments.
- Pay down your ReadiLine Account even faster if your
tax-deductible RRSP contributions help to make you eligible for a tax refund.
- Optional creditor life and disability insurance.
Apply Now
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Retro-Activator RRSP Loan
- Ideal if you have unused RRSP contribution room as
the result of not contributing the maximum allowable to your RRSP in past
years.
- Use to purchase BMO Financial Group RRSPs, including BMO Investments Inc., BMO InvestorLine Inc. or BMO Nesbitt Burns Inc.
- An instalment loan – minimum $7,500 – with a fixed or
variable interest rate.
- Repayment periods of up to 15 years.
- Pay down your loan even faster if your tax-deductible RRSP contributions help to make you eligible for a tax refund.
Apply Now
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