Products and services
We offer 1 to 5-year terms and two interest payment options. These long-term GIC are not redeemable before maturity. Here are some features of the IA Trust GIC:
- Non-redeemable
- Term of 1 to 5 years
- Minimum deposit of $1,000
- Types of accounts:
- Non-registered - RRIF- RRSP - TFSA
| Non-redeemable GIC rate 19-May-12 | |
|---|---|
| 1 year | 1,10% |
| 2 years | 1,50% |
| 3 years | 1,60% |
| 4 years | 1,80% |
| 5 years | 2,10% |
*A minimum of $1,000 per deposit is required and a maximum of $200,000 per deposit per day per client is accepted.
To issue an RRSP loan, please contact a sales representative from Investia, FundEX or Industrial Alliance Securities. Here are some features of IA Trust RRSP loans:
- Minimum amount of $2,000
- Maximum amount $35,000
- Term of 1 to 4 years
- Payment deferral option up to 120 days
Prime rate (PR)
Industrial Alliance’s prime rate is based on the Royal Bank of Canada’s prime rate.
| Prime rate (PR) 19-May-12 |
|---|
| 3,00% |
Current rates
| IA RRSP loan rates | ||
|---|---|---|
| Repayment Period | Less than $5,000 | $5,000 and over |
| 12 months | Prime + 2.25% | Prime + 0.75% |
| 24 months | Prime + 2.25% | Prime + 1.25% |
| 36 and 48 months | Not available | Prime + 2.25% |
A 0.50% reduction on the above RRSP loan rates will be granted if the loan is contracted before February 10, 2012.
For more information, click on the following HI TFSA link.
