RRSP Loans

What is an RRSP Loan?

Borrowing for your Registered Retirement Savings Plan (RRSP) contribution with an RRSP Loan helps you save for the future today.

We know it’s challenging to find extra money to make a contribution to your RRSP throughout the year. Life happens, and so do bills, rent, and more. An RRSP Loan is your best option when you need lumpsum money for your RRSP contribution this year and don’t have the time to save up for it. The money borrowed will be added to your RRSP account and all your RRSP contributions are tax-deductible. This means you will save more on income taxes while saving for your retirement now. RRSP Loan repayment offers plenty of flexible options, easily fitting within your existing household budget.

Enjoy the peace of mind knowing your retirement savings are growing with the benefit of tax sheltered RRSP investments.

Benefits of an RRSP Loan from Rapport

Get To Know You

Rapport experts will provide you with personalized financial advice, getting to know you first before building a plan that's best for you.

Low Rates

Interest rate as low as Prime.

Flexible Payment Options

Flexible and easy repayment options including monthly, bi-weekly and weekly plans.

Fast and Easy Process

Simple, fast and clear process with no fees.

Where to start?

If you are looking to make a big contribution to your RRSP for this year, an RSP Loan will give you the head start you’re looking for. Fill out the online RRSP Loan Application Form and email back to us to get started.


Need more Help?

If you are looking for more guidance before you decide, we are here to help. Contact us to set up a meeting with an expert, personalized financial advice is a click or a call away.