Banorte vs Scotiabank: personal loan
| Banorte | Scotiabank México | |
|---|---|---|
| APR (CAT) | Not verified | Not verified |
| Amount | $10k–$650k | $10k–$400k |
| Term | 12–60 meses | 12–48 meses |
| Minimum income | $8,000 | $8,000 |
| What sets it apart | Greater flexibility with non-salaried; industrial corridor agreements | Canadian banking, service for North American residents |
When to pick Banorte
Banorte wins on a standard Mexican client, with or without payroll. The 60% larger max amount also extends the range.
When to pick Scotiabank México
Scotiabank wins when the profile is international or when you're already a Scotia client with a consolidated investment account. The North American network simplifies USD and CAD transfers with no extra fee.
My recommendation
Mexican with local financial profile: Banorte. Canada/US connection: Scotiabank for the network.
How we compare these two
Amounts, terms and requirements reflect the catalog reviewed on the date shown. We publish APR only when it is tied to a current product source; “Not verified” means you should request it from the institution. Confirm fees and total repayment in the final contract. Commercial agreements and ordering are explained in our published methodology.
Read the full editorial review of Banorte or Scotiabank México before deciding.