Apply online for a RRSP loan

Short on cash but still want to contribute to your RRSP this year? You can apply online for an RRSP Loan, call BMO Bank of Montreal Direct Banking or visit your nearest BMO Bank of Montreal branch. If you need mutual fund advice, please call the BMO Investment Centre at 1-800-665-7700.

RRSP Loans

RRSP ReadiLine Account
With the RRSP ReadiLine Account, you can have a low, variable interest rate line of credit facility specifically for the purchase of BMO Financial Group's RRSPs (BMO Term Investments, BMO Mutual Funds, BMO InvestorLine or BMO Nesbitt Burns). Credit limits from $1,000 up to $18,000 will allow you to make contributions year round, just by contacting your Financial Services Manager at any time.

The RRSP ReadiLine Account offers affordable monthly payments. You can also defer your first payment for up to 120 days from the day you take out the loan.*

APPLY NOW

Retro-Activator® RRSP Loan
If you have unused RRSP contribution room (the result of not contributing the maximum allowable to your RRSP in past years), you can benefit from a Retro-Activator® RRSP Loan. The Retro-Activator® RRSP Loan is an installment loan (minimum $7,500) with a fixed or variable interest rate and repayment periods of up to 15 years.

APPLY NOW

*Applies only to loans opened during the RRSP loan period of December 15, 2006 to March 1, 2007. Some conditions may apply.

What about Privacy?
At BMO Financial Group, we take security and safety of your personal information very seriously. Since you will be providing confidential information about yourself, please read the Security and Privacy information we have provided, to better understand the necessary requirements.