Do you want to increase your tax refund? Save enough to live your “dream retirement life? Invest for the future but still have funds for fun right now? An RRSP Loan might be the answer for you!

With a Registered Retirement Savings Plan (RRSP) Loan you can borrow for your current years contribution or to max out your limit from previous years. An RRSP Loan provides you with funds to contribute to a retirement plan by providing financing to fund up to the current years allowable contribution amount determined by Revenue Canada.

Check out these options and contact one of our lending representatives today!
RRSP Take 10 Loan

The RRSP Take 10 Loan is your “catch up” loan with terms up to 10 years, it allows you to borrow more to catch up to your contribution limit. This is for you if you have a large contribution limit from years past.

RRSP Quick Loan

The RRSP Quick Loan revolved on a continuing basis allowing you to apply once and use year after year. After initial loan approval funds can be advanced without coming into the branch. This is for you if you invest in your RRSP each year. 


RRSP Demand Loan

The RRSP Demand Loan offers you the option to borrow an amount for one year only. This is for you if you need to borrow for the current year’s contribution limit only.


Note: The RRSP deposit must remain on deposit with Radius Credit Union to receive full benefits of the RRSP Loan Program. If the RRSP is transferred or withdrawn the loan immediately becomes due and payable in full

Contact Radius Credit Union for a RRSP loan that works for you.