Unsecured Loans

Need money fast? An unsecured loan can help you cover unexpected expenses, finance small home repairs, buy new furniture, or consolidate higher-interest loans.

All loans and lines of credit are subject to credit approval. Additional terms and conditions may apply, depending on the type of collateral and other terms offered or chosen.

Features of an Unsecured Loan from M&T

  • No collateral required
  • Competitive fixed-interest rates
  • Fast approval process
  • No application, origination or prepayment penalty fees
  • Relationship discounts for customers with qualifying M&T Bank consumer checking accounts

Maximum Loan Amount


Minimum Loan Amount​​​



6.24% - 13.49% APR

Repayment ​​Term

12 - 84 months

​There are no application, origination or prepayment penalty fees, but late fees and returned payment fees may be charged when applicable.
Loan amounts greater than $25,000 require an existing M&T relationship tenure of 6 months or greater.
To qualify for the lowest APR available: 1) the term of the loan must be 36 months or less and; 2) the loan amount must be between $30,000 – $39,999.99 and; 3) you must have or open an M&T MyChoice Premium or Power Checking account at time of application; and 4) automatic payment deductions from any M&T checking account must be established. Your final APR will be based on your credit profile (as reported to M&T Bank by an outside reporting agency) and deposit relationship. Current APRs range from 6.24% - 13.49% and are subject to change.  M&T Unsecured Personal Loans must be for an eligible purpose. Offer good in NY, MD, NJ, PA, DE, CT, VA, WV and DC.
For a term greater than 60 months, the loan amount must be at least $15,000. A payment example on a $5,000 M&T Unsecured Personal Loan with a 60-month term at a non-discounted APR of 8.99% would be $103.77 per month.