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Manulife Bank – Personal Loan

4.0 / 5 (654 reviews)

Manulife Bank offers competitive personal loans and lines of credit with a unique all-in-one banking approach.

Amount $5,000 CAD – $100,000 CAD
APR from 7.35%
Term 12 – 120 months
Approval 2-5 business days
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Applying does not obligate you to accept a loan offer.

Manulife Bank Personal Loan – 2025 Review

Manulife Bank is a wholly owned subsidiary of Manulife Financial and offers unique banking products. Their signature product, the Manulife One Account, combines a mortgage, line of credit, and chequing account into one flexible account.

Manulife Loan Products

Manulife offers personal loans, Manulife One (all-in-one account), and lines of credit. High loan amounts are available with home equity.

✓ Pros

  • High loan amounts
  • Innovative all-in-one product
  • Competitive secured rates
  • Online convenience

✗ Cons

  • Higher minimum loan ($5,000)
  • Online-only (no branches)
  • Better suited for homeowners

Loan Example

Example: $20,000 loan for 60 months at 10.35% APR = monthly payment of $429.30, total payable $25,758.

Eligibility Requirements

  • ✓ Age 18+ years
  • ✓ Canadian resident
  • ✓ Verifiable income
  • ✓ Credit score 660+
  • ✓ Valid ID

Loan Features

  • High loan amounts up to $100,000
  • Manulife One all-in-one account
  • Competitive mortgage-secured rates
  • Online-first bank
  • Flexible repayment

Frequently Asked Questions

2-5 business days after submitting your application.

The minimum amount at Manulife Bank is $5,000 CAD.