How to get a personal loan in Montréal
Get an online quote
Answer a few simple questions and receive your loan quote in minutes. There is no obligation and no impact to your credit score.
Connect with a Lending Specialist
A Lending Specialist will contact you to customize your loan.
Complete the loan application
You can submit the required documents online or in person at one of our Montréal branches, depending on the type of loan you choose.
Types of loans in Montréal
Here are the personal loans available at your local branch:
- Loan amounts: Borrow $500-$25,000 as soon as the day you apply
- Loan term: 6-60 months
- Homeownership required: No homeownership required
- Prepayment penalty: No pre-payment penalties so you can pay off the loan when it’s convenient for you
Unsecured personal loan
- Loan amounts: Borrow $5,000-$50,000
- Loan term: 36-120 months
- Homeownership required: Yes
- Access a lower interest rate, lower payments and more money than with an unsecured personal loan
Secured personal loan
What do I need to qualify for a personal loan?
To finalize your loan application, you’ll need to provide verification documents:
- Valid personal identification – either one piece of primary identification like a driver’s licence or passport, or two pieces of secondary identification like a Canadian birth certificate or current bank statement with your full name and address
- Employment or income verification like a current T4 or pay stub
- Housing information like a mortgage statement or lease agreement
Learn more about the verification documents required for your loan.
Why choose one of our Montréal branches for your loan?
Not only do we have four convenient branches located in Montréal, you can also complete your loan application online. Additionally, we’ve been providing Canadians with responsible loans for almost 100 years.
The Montréal community
Montreal, Quebec, is named for nearby Mount Royal’s three peaks, which make it look like a crown. The picturesque city itself is the largest in the province of Quebec, with the centre of the city built on an island in the St. Lawrence River. Numerous boroughs fan out from that center point.
Montreal was named a UNESCO city of design in 2006, and since then, this French-Canadian region has grown to become the second largest population in Canada. Montreal’s diverse metropolitan area is home to numerous theatres, festivals, TV and radio companies and musical venues. The city is a great place for sports fans to live or visit as it’s home to the Montreal Canadiens hockey team and Montreal Alouettes football team.