Offering choice, flexibility and structured payments, here's how a personal loan from RBC Royal Bank® could be tailored to meet your needs:
Terms generally range from 1 to 5 years.
You could switch from a fixed rate to a variable rate at any time if prime rate goes down.
Make your payment monthly, semi-monthly, bi-weekly or weekly. You can also make changes to your payment account, payment amount, payment frequency or payment due date through RBC Online Banking.
You can pay off your loan in full without penalty.
Skip up to the equivalent of 1 monthly payment each year, without penalty.1disclaimer
LoanProtector®-life and disability or critical illness insurance provides protection for you and your family.
When you apply for RBC Royal Bank® personal loan, you could choose either a fixed or variable rate loan:
If you are not sure what's right for you, an RBC Royal Bank credit specialist can help you choose.