Line Of Credit
Unsecured line of credit
We offer unsecured line of credit to individuals at competitive rates*. Please ask your branch for full details.
Secured line of credit
If you secure your line of credit with a collateral, say 2nd charge on house (the 1st mortgage has to be with us) you will pay reduced interest.
- SBI Canada Bank CAD Prime Rate is 7.20% with effect from July 13, 2023.
- SBI Canada Bank USD Prime Rate is 8.50% with effect from July 27, 2023.