Borrowing Solutions1
That fit The PlanTM by Investors Group
Through Solutions Banking we offer a variety of borrowing solutions that can help you reach your financial goals. Your Investors Group Consultant can help determine if borrowing is right for you and how it may fit into your plan.
All-in-OneTM1*
Our Solutions Banking All-in-One provides mortgage financing, a line of credit, a transaction account, a source of funds for investment and a savings account all rolled into one. By combining your loans with your savings, All-in-One makes your money work harder; a smarter way to build wealth and manage your daily banking needs.
Account Features
- One consolidated monthly account statement
- Credit limits starting at $25,000 secured by the equity in your home
- Sub-accounts to track specific project expenses or debts
- Competitive variable interest rate on loan balances
- No monthly or annual management fees however, applicant must assume any property appraisal or legal fees involved when setting up the account.
- Free** unlimited regular banking transactions including cash deposits, withdrawals and transfers at any National Bank of Canada location or THE EXCHANGE® Network of ABMs in Canada
- Personalized cheques
- No penalties or fees on additional loan payments
- Convenient access through ABM, Interac, Direct Payment, Internet or telephone banking
- Creditor Life Insurance available
* Subject to credit approval by National Bank of Canada
** Does not include Interac and Cirrus® fees
1 Borrowing to invest is a long-term investment strategy and is not for everyone. Gains from positive fluctuations in the value of investments will be magnified, but losses from negative fluctuations in the value of investments will also be magnified
Registered Retirement Savings Plan (RRSP) Loan*
Saving for retirement is a key component of any financial plan. After paying bills, many Canadians find they lack the cash flow to maximize their RRSP contributions. The Solutions Banking RRSP Loan makes contributing to your RRSP easier and can help you “catch-up”. Maximizing your RRSP allows you to benefit from long-term compounding of returns, tax-deferred growth of your savings and helps to establish the income you need for retirement.
Loan Features
- Minimum loans start at $1,000
- Competitive fixed or variable interest rates
- Option to defer your first loan payment for three or six months
- Weekly, bi-weekly or monthly loan payments
- Ability to make additional payments or pay the loan in full with no penalties or fees
* Subject to credit approval by National Bank of Canada
Personal Flex LineTM1*
Our Personal Flex Line of credit provides convenient access to the financing you need. Using the same privileges as a Chequing account, access funds for special projects, take care of emergencies and draw just what you need, when you need it. Apply once for this flexible loan and pay only when you use the funds.
Flex Line Features
- Credit limits starting at $5,000
- Competitive variable interest rate
- Convenient access through ABM, Interac Direct Payment, Internet or telephone banking
- Personalized cheques
- Monthly account statement
- Can be secured by your Investors Group Mutual Funds
- Creditor Life Insurance available
* Subject to credit approval by National Bank of Canada
Personal LoanTM1*
A Solutions Banking Personal Loan can be a straightforward solution to help finance your one-time borrowing needs and could be effective when consolidating other loans into one monthly payment. Our Personal Loan offers you the stability of equal payments over the term of the loan, making it easier to manage your monthly budget.
Loan Features
- Loan amounts starting at $5,000
- Competitive fixed or variable interest rates
- Terms available from six months to five years
- Weekly, bi-weekly or monthly loan payments
- Ability to make additional payments or pay the loan in full with no penalties or fees
- Annual loan statement
- Can be secured by your Investors Group Mutual Funds
- Creditor Life, Disability and Critical Illness Insurance available
* Subject to credit approval by National Bank of Canada
Investment LoanTM1*
The Solutions Banking Investment Loan provides up to 100% financing for the purchase of Investors Group mutual funds or segregated funds** and allows you to invest a larger sum of money at one time, rather than making smaller contributions over an extended period. This can give your investments more time to grow and the potential to help you reach your financial goals sooner.
Loan Features
- Minimum loan amounts from $10,000
- Competitive fixed or variable interest rates
- Interest only or principal and interest payment options
- Weekly, bi-weekly or monthly loan payments
- Ability to make additional payments or pay the loan in full with no penalty or fees
- Annual interest summary provided
- Creditor Life, Disability and Critical Illness Insurance available
*Subject to credit approval by National Bank of Canada
**Segregated funds are an insurance product offered through I.G. Insurance Services Inc. (in Quebec, a financial services firm). Insurance license sponsored by The Great-West Life Assurance Company (outside of Quebec).
Creditor Insurance
Creditor Insurance is an easy solution to supplement your existing insurance strategy.
Solutions Banking offers three types of creditor insurance coverage:
- Life Insurance
- Disability Insurance*
- Critical Illness Insurance*
Contact your Investors Group Consultant for more information on how creditor insurance can protect you and your family in the case of death, disability or critical illness.
* Disability and Critical Illness insurance not available on all lending products
Solutions Banking is a trademark of Power Financial Corporation. Investors Group and design are trademarks owned by IGM Financial Inc. and licensed to its subsidiary corporations.
Solutions Banking products and services are provided by National Bank of Canada. National Bank of Canada is a licensed user of these trademarks.
TM1 Registered trademark of National Bank of Canada
® Registered trademark of CIRRUS SYSTEMS Inc.
