Personal Line of Credit

Achieve Financial Goals With Ease

 

Our Personal Line of Credit offers convenient access to funds whenever you need them – for planned and unplanned expenses. Enjoy flexible repayment options and pay interest only on the amount you use, with a smart solution that helps you manage your cash flow and cover significant purchases.

Benefits

  • Access funds up to your approved limit, repay them, and borrow again without the need to reapply, and get continuous access to credit
  • Pay interest only on the portion of the credit line you use and enjoy greater financial flexibility
  • Take advantage of competitive, variable interest rates that align with current market conditions
  • Enjoy repayment flexibility with a minimum monthly payment requirement, while having the option to pay off more without incurring prepayment penalties
  • Manage your credit line easily and securely through our online and mobile banking platforms, giving you access to funds 24/7

Features

Access Funds

Access funds for a variety of expenses, from home renovations to unexpected medical costs, without the hassle of applying for multiple loans.

Flexibility

Enjoy flexibility and use funds only when you need, and repay on your terms.

Flexible Lending

Pay interest only on the borrowed amount and enjoy an affordable option compared to traditional loans or credit cards.

Peace of Mind

Avail peace of mind knowing that funds are readily available if you need them.

Make the Most of Our Personal Line Of Credit

 

  • Home Renovations: Access funds to improve or upgrade your home
  • Education & Training: Manage tuition fees, books, and other expenses related to advancing your education or skills
  • Debt Consolidation: Consolidate high-interest debt into a lower-interest line of credit, simplifying your finances and reducing interest costs
  • Emergency Expenses: Maintain a financial safety net for unforeseen costs, such as medical bills or urgent repairs

Apply For Our Personal Line Of Credit

Determine Credit Needs

Decide on the amount you need depending on how it aligns with your budget and financial goals.

Submit Application

Complete and submit your application at your nearest branch to get assistance from our banking specialists.

Provide Documentation

Prepare and provide documents such as identification, proof of income, and any other necessary paperwork to complete the process.

Access Funds

Once your funds are approved, your line of credit will be available for you to use.

To Find Out More

Get in Touch

HBZ Contact Centre
+971 4 387 0700

Email
csd@habibbank.com

Contact your Relationship Manager
Visit a branch

Head Office

6450 Kitimat Rd, Mississauga
Ontario, L5N 2B8, Canada

Phone:
+1 (905) 276 5300
+1 (855) 82 HABIB

Email:
info@habibcanadian.com

Visit Branch:
Find your nearest branch and meet with our banking specialists.

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