Desjardins Personal Loan

Desjardins Personal Loan

Carry out major personal projects

Consider this loan if you want flexible payment options.

Get this product  Personal loan over $12,500

Key features

  • Flexible payments Choose the payment frequency and method you want.
  • Fixed or variable rate Based on your needs and risk tolerance
  • Amount available Based on your needs and payment capacity
  • Loan Insurance Insured loan balance paid off in the event of death


Interest rate

  • Fixed or variable
  • Based on the loan amount, term and credit history

Amount available

  • Amount granted is determined by:
    • your payment capacity
    • the amount of financing required
    • on the useful life of the financed product

How much can I borrow?

Loan Insurance

Optional coverage that allows you to pay off your loan in the event of death and disability.

Learn more about Loan Insurance.


  • Frequencies: weekly, every 2 weeks or monthly.
  • Payments can be withdrawn automatically from your account.
  • No prepayment penalties: pay off your loan whenever you want, in part or in full, without being charged extra fees.

Loan term

  • Flexible terms.
  • Your caisse may agree to longer term depending on your use of the loan and, in some cases, on the collateral provided.

Should I get a fixed or variable interest rate?

You are cautious and sensitive to rate fluctuations

Choose a fixed rate:

  • Guaranteed for the duration of the term
  • Predictable
  • Easy to manage
  • Convertible to a variable-rate loan at any time without fee or penalty

You are bold and moderately sensitive to rate fluctuations

Choose a variable rate:

  • Follows market fluctuations.
  • Advantageous when rates are stable or falling.
  • Generally lower than the current fixed rate.
  • When rates drop, your payment amount remains the same, but the duration of the loan may decrease.
  • Convertible to a fixed-rate loan at any time without fee or penalty. The interest rate will be the current fixed rate at the time of conversion.

What are the payments on a personal loan?

See the current rates for the desired amount.