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   Home >> BOC Canada >> Personal Banking >> Personal Loan

Personal Loans


 

Product Name

Personal Loans

Product Description

Our personal loans can meet your financial needs on secured or unsecured basis subject to our credit approval.

Product Features

1. Loan term : 1 year – 5 years

2. Repaid by monthly instalments

3. Non-revolving

4. Interest rate can either be fixed or flexible

Target Customers

Customer with valid ID and have proven stable income

Process

Apply in person at any of our branches

Documents required

Your photo ID, e.g. passport, citizenship card, PR card, a valid Canadian Driver License; SIN card

Your latest income proof, preferably including the latest 3 years

Friendly Reminder

Personal line of credit is not allowed for commercial use

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