National Bank of Canada

About National Bank of Canada

The National Bank of Canada is the sixth-largest bank in Canada. Its headquarters is located in Montreal and it has branches in almost every Canadian province serving 2.4 million personal clients. National Bank of Canada is the largest bank in Canada and the second-largest financial institution in Quebec behind Desjardins Group. In 2011, Bloomberg’s list of “The World’s Strongest Banks” listed National Bank as the third-place bank. 


Highlights:

  • Option to choose a fixed rate in order to simplify your finances or a variable rate to try and take advantage of lower interest rates
  • Repay your loan in full without penalty
  • Loan terms of up to 96 months (8 years)
  • Payment options: weekly, bi-weekly, monthly, or semi-monthly

Loan Terms

Rates

Loan terms less than 78 months

4.49% - 7.99%

Loan terms of 84 months

5.24% - 8.74%

Loan terms over 84 months

5.74% - 9.24%

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