RRSP Financing

With RRSP financing, you can:

  • maximize your annual RRSP contribution (example),
  • take advantage of unused RRSP contribution room from the past few years,
  • make an RRSP contribution even if you don't have funds set aside,
  • reach your retirement goals.

RRSP loans
RRSP lines of credit
Flex lines
All-In-One BankingTM

RRSP Loans

RRSP contributions through an RRSP loan, that are received before March 3rd 2014 11:59 p.m. (Eastern time) will be considered contributions for the 2013 taxation year. However, if you are applying for a guaranteed-capital investment (GICs, Linked Notes) and an RRSP loan, you must already have a National Bank account to be able to use the RRSP investment form. If you don't have an account, please visit one of our branches.

Advantages of an RRSP loan:

  • the preferred rate (variable or fixed) is lower than the personal loan rate and may even be as low as National Bank's prime rate (check rates)
  • loan terms vary from three months to 10 years
  • your RRSP loan is granted when you make your RRSP contribution (using the RRSP investment form)
  • you can defer repayment (for three or six months)
  • minimum loan amount of $ 1,000
  • quick loan approval in most cases
  • loan insurance (life insurance) is available.

Next Step

  • Select an investment solution

    You can apply for an RRSP loan and make an RRSP contribution at the same time.

    You can also apply for a loan without investing. Choose this option if all you want is an RRSP loan.

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RRSP Line-Of-Credit

An RRSP line of credit is more flexible than an RRSP loan.

  • Minimum $5,000
  • You can contribute to your RRSP at any time.
  • You can repay your RRSP line of credit at your own pace.
  • You pay interest-only while you wait for your tax refund.
  • You can make regular RRSP contributions thanks to National Bank's systematic investment plan.
  • You won't need to apply for an RRSP loan every year.
  • Your flex line interest rate is usually lower than the rate on a regular line of credit.

To find out more about RRSP lines of credit, contact a National Bank adviser at:

394-5555 (Montreal)

Already have an RRSP line of credit? You can contribute to an RRSP right now using
our Internet Banking Solutions.

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Flex Lines

In addition to providing the advantages of an RRSP line of credit, National Bank's flex lines allow you to finance additional projects.

You can sign up for a National Bank flex line:

Via our Internet Banking Solutions
By telephone:


(514) 394-5555(Montreal)

Internet Banking Solutions

To find out more

Sign up now

Thinking about applying for a flex line?
Get more information
Apply online

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All-In-One Banking

Do you have substantial unused RRSP contribution room?
Would you like to qualify for the best financing rate?
Are you looking for a comprehensive and flexible financing solution?
Would you prefer a leading financial management tool?

National Bank's All-In-One™ Banking could be the right solution for you. To find out more

™ Trademark of National Bank of Canada

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