TD Bank – Personal Loan
TD Bank is Canada's second-largest bank offering competitive personal loans with flexible terms and fast online approval.
Applying does not obligate you to accept a loan offer.
TD Bank Personal Loan – Everything You Need to Know
TD Bank is one of Canada's largest financial institutions with over 1,100 branches nationwide. TD personal loans are known for competitive rates, fast approval, and flexible repayment options.
TD Personal Loan Options
TD offers unsecured personal loans, debt consolidation loans, and home improvement loans. Loan amounts range from $2,000 to $50,000 with terms up to 60 months.
Requirements
To qualify for a TD personal loan you need a stable income, good credit history, and Canadian residency. TD will check your credit score through Equifax or TransUnion.
TD Advantages
- Competitive APR rates from 6.99%
- No prepayment penalty
- Fast online application
- Flexible repayment terms
- Large branch network across Canada
✓ Pros
- Competitive rates
- No prepayment penalties
- Large branch network
- Trusted Canadian bank
✗ Cons
- Good credit required
- Higher rates for fair credit
- Limited to 60-month terms
Loan Example
Example: $10,000 loan for 36 months at 9.99% APR = monthly payment of $322.67, total payable $11,616.12.
Eligibility Requirements
- ✓ Age 18+ years
- ✓ Canadian citizen or permanent resident
- ✓ Stable employment or income
- ✓ Good credit history (650+)
- ✓ Valid government ID
Loan Features
- No prepayment penalty
- Fast online approval in 1-2 days
- Loan amounts up to $50,000
- Flexible terms 12-60 months
- Available at 1,100+ branches nationwide
Frequently Asked Questions
1-2 business days after submitting your application.
The minimum amount at TD Bank is $2,000 CAD.