National Bank of Canada – Apply for a Loan

4.0 / 5  (4,210 reviews)
Maximum Amount $50,000 CAD
APR from 9.45%
Term 12 – 60 mo.
Funds in 1-3 business days
Apply on the Official National Bank of Canada Website ad

Applying does not obligate you to accept a loan offer. Loans are approved by National Bank of Canada subject to eligibility and terms.

Contact Information

Company National Bank of Canada
Address 600 De La Gauchetière Street West, Montreal, QC H3B 4L2

National Bank of Canada – Repayment Schedule

Estimated monthly payments at APR 9.45%. Actual payment is determined at loan approval.

Amount \ Term 12 mo. 24 mo. 36 mo. 60 mo.
$5,000 CAD $438.30 $229.46 $160.05 $104.89
$10,000 CAD $876.60 $458.91 $320.10 $209.77
$15,000 CAD $1,314.90 $688.37 $480.14 $314.66
$20,000 CAD $1,753.21 $917.83 $640.19 $419.55
$25,000 CAD $2,191.51 $1,147.29 $800.24 $524.44
$30,000 CAD $2,629.81 $1,376.74 $960.29 $629.32

Representative Example

Loan Amount $5,500 CAD
Repayment Term 60 months
APR 9.45%
Monthly Payment $115.38
Total Interest Cost $1,422.55
Total Amount Payable $6,922.55

* This example is for illustrative purposes. APR includes the interest rate and any applicable fees. Actual terms are determined upon signing the loan agreement.

Quick Overview

Loan Amount $1,000 CAD – $50,000 CAD
Term 12 – 60 months
APR from 9.45%
Approval 1-3 business days
Eligible Age 18+
Online Application Yes

Eligibility Requirements

  • ✓ Canadian resident 18+
  • ✓ Stable verifiable income
  • ✓ Good credit history
  • ✓ Social Insurance Number
  • ✓ Canadian bank account

Loan Features

  • Fixed and variable rate options
  • Flexible repayment terms
  • Online account management
  • Pre-authorized payments
  • Optional credit protection