TD Bank
TD Bank is Canada's second-largest bank offering competitive personal loans with flexible terms and fast online approval.
$2,000 CAD – $50,000 CAD
APR from 6.99%
Approval: 1-2 business days
Student Loans – Finance Your Education
Comparing 6 offers. Updated April 17, 2026.
Best Offers – Student Loans 2026
RBC Royal Bank
RBC Royal Bank is Canada's largest bank offering personal loans with competitive rates and a fully digital application process.
$1,000 CAD – $50,000 CAD
APR from 7.99%
Approval: 24 hours
Scotiabank
Scotiabank offers flexible personal loans with competitive rates, optional payment protection insurance, and a fast online application process.
$1,000 CAD – $50,000 CAD
APR from 7.49%
Approval: 1-3 business days
BMO Bank of Montreal
BMO Bank of Montreal offers personal loans with a fast online process, fixed monthly payments and no hidden fees.
$1,500 CAD – $35,000 CAD
APR from 8.49%
Approval: 2-3 business days
CIBC
CIBC offers personal loans and home equity solutions with high loan amounts up to $200,000 and competitive fixed rates.
$3,000 CAD – $200,000 CAD
APR from 8.99%
Approval: 1-2 business days
Tangerine
Tangerine is Canada's leading digital bank offering personal loans with no fees, a fully online process, and competitive fixed rates.
$1,000 CAD – $35,000 CAD
APR from 9.49%
Approval: 24-48 hours
Student loans in Canada come from both the government (Canada Student Loans Program) and private lenders. Government loans often have lower rates and repayment flexibility, while private lenders offer faster decisions.
Canada Student Loans Program
The federal Canada Student Loans Program provides need-based loans and grants for eligible full-time students. Repayment begins 6 months after graduation.
Private Student Loans
Banks like RBC, TD, and Scotiabank offer student lines of credit with competitive rates for professional and graduate students.