Which Canadian bank offers the lowest interest rates under the personal loans for 1 year - 24.05.2019

Bankchart.ca has surveyed the terms of the offered personal loans for 1 year in the national currency. Our website's analysts have studied the loan offers from all Canadian banks, which place rates on their websites. Review date - 24.05.2019

As of 08 May 2019 the loans under review have been offered by 7 banks.  The average interest rate under such loans equals 4,66 % p.a. The total number of the loan programs available for the specified loan terms is 13.

The most affordable personal loan is offered by Tangerine Bank. The interest rate under "RSP Loan" loan program constitutes 3,75 % p.a. The table below shows the best offers by each bank selected by Bankchart.ca (in terms of costs) for the aforementioned terms.

The TOP-7 personal loans loan programs for 1 year, as of 08 May 2019

#

Name

Interest Rate, %

1

3,75

interest rate, %

interest rate

3,75

one-time fees

no

periodic fees

no

2

4,25

interest rate, %

interest rate

4,25

one-time fees

no

periodic fees

no

3

4,45

interest rate, %

interest rate

4,45

one-time fees

no

periodic fees

no

4

4,74

interest rate, %

interest rate

4,74

one-time fees

no

periodic fees

no

5

4,75

interest rate, %

interest rate

4,75

one-time fees

no

periodic fees

no

6

4,95

interest rate, %

interest rate

4,95

one-time fees

no

periodic fees

no

7

6,00

interest rate, %

interest rate

6,00

one-time fees

no

periodic fees

no

To view the up-to-date rating of the personal loans at our website, click here.

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