You want to borrow money to pay for a wedding or to buy a large item like a recreational vehicle or a boat. At RBC Royal Bank, we offer you a range of options that will make it easier for you. And no matter which borrowing option you choose, we can help you ensure that you pay off your loan easily, before your purchase loses its value over time.
Take a moment to find the borrowing option that will make your major purchase a reality. Or, for personalized service, contact one of our credit specialists today.
RBC Royal Bank Personal Loan
Royal Credit Line®
Flexible repayment terms, plus your choice of fixed or variable rates.
Secured or unsecured revolving credit that puts you in control.
Ideal when you're purchasing an item that will depreciate - or lose its value - over time.
An optional set schedule of payments makes it easy to pay off your loan before the item depreciates - and you can use your credit again and again without having to reapply.
Let us structure an RBC Royal Bank Personal Loan for you. Choose the repayment term that suits you and select either fixed or variable interest rates. Our wide range of payment options make it easy to pay off your loan. You can also pay more at any time without penalty - and even skip up to the equivalent of 1 monthly payment each year.
For a higher credit limit and lower interest rates, leverage the equity in your home and secure your Royal Credit Line. You are in complete control of your credit and can reuse it - up to your limit - again and again. And when you use a Royal Credit Line to make a major purchase, you can set up a fixed schedule of payments to ensure that you pay it off while you still have equity in the item.