Borrow now so your retirement
savings may grow
With a TD RSP Loan you can maximize your RSP contribution
this year or take advantage of any unused contribution room.
Reduce your taxes
Making a contribution up to your maximum contribution amount may help to reduce the taxes that you are required to pay.
We’ll help you create a repayment schedule with a term and amortization period that works for you.
Deferred payment option
You can defer payments for up to 120 days but interest will continue to accrue.
Depending on RSP loan type, you can borrow up to $50,000:
- For an On-the-Spot RSP Loan you can borrow up to your unused RSP contribution room for that year. Please visit us today at any TD Canada Trust branch or call 1-877-247-2265.
- For a CarryForward RSP Loan you can borrow up to $50,000
See an example of how using an RSP Loan can give you great returns.
See why using an RSP Loan to make maximum contributions makes sense.
Find out how TD RSPs can help you meet your retirement goals.
Choose one of our RSP Loans
|On-the-Spot RSP Loan||CarryForward RSP Loan|
|Is this for me?||If you want a loan to make a contribution for this year.||If you want a loan to catch up on contributions from past years.|
|Maximum Principal Amount||
Up to your unused RSP contribution room
for that year. Please visit us today at any TD Canada Trust branch or call 1-877-247-2265.
|Up to $50,000|
In the case of the unexpected, get flexible protection for your loan obligations.
Ready to apply?
Our banking specialists will help you with any questions you might have.
1 866 222 3456
Book an Appointment
By Address, Intersection, City, Postal Code OR by Branch Number
What you’ll need:
- Hold a TD Investment account (Daily Interest Savings account, TD Direct Investing account or TD Wealth account) or open one while applying for the RSP Loan
- Social Insurance Number (optional)
- Current address and previous address (if current address is less than 3 years)
- Your income (sources and amount)
- Your monthly mortgage or rent amount
- Your monthly payments (loans, credit cards, lines of credit)
- Household costs, (utility, property tax, insurance, etc)