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Loans & Lines of Credit
RRSP loan
Grow your retirement savings sooner
This loan is perfect for members who prefer structured payments and have unused RRSP contribution room, or want to borrow to make an RRSP contribution. An RRSP also means that members can earn a potential tax refund by maximizing their RRSP contributions.
What you need to know
Fixed term length
Fixed or variable interest rates
Make payments weekly, bi-weekly, semi-monthly, or monthly
Rates as low as prime + 1.25% are available if purchasing Conexus sponsored RRSP products
Payment details
Payment amount is fixed for a predetermined period of time
Make payments weekly, bi-weekly, semi-monthly, or monthly
Accelerated payments can be weekly or bi-weekly
First payment may be deferred up to 45 days
Payment amount can be increased at any time
No prepayment penalty


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