how to get loan from canara bank | canara bank personal loan|

Canara Bank is one of the largest public sector banks in India, headquartered in Bangalore. The bank is providing its financial services to people across India through its network of 6089 branches and more than 10519 ATMs. The bank was established in 1906 by Ammembal Subba Rao Pai. The bank offers a wide range of banking products and financial services to its customers. Under which you can open different types of savings accounts as well as take different types of loans according to your needs.

You can repay the bank loan amount in easy monthly installments. If you want to get a loan from Canara Bank, and how to get a loan from Canara Bank? In addition to providing information about this, you are also being informed about the loan documents, eligibility and interest rate from Canara Bank.

canara bank products

Housing Loan

Vehicle Loan

Canara Site Loan

Canara Pension-General Public

Teachers Loan

Gold Loan

Housing-Cum-Solar Loan

Home Loan Plus

Housing Loan To Agriculturists

Home Loan For NRIs

PradhanMantri Awas Yojana Loan

What is Canara Bank Personal Loan

Today a large number of people are seen applying for personal loans to meet their expenses and financial needs. In fact, the main reason for the sudden rise in personal debt is that it is unsecured debt and does not require any guarantor. Most importantly, personal loans are delivered within a minimum of 48 hours with very little paperwork. Which you can pay in monthly installments of your choice.

In fact, personal loans are a type of unsecured loan, offered by financial institutions based on criteria such as employment history, repayment capacity, income and credit history. A personal loan is also known as a consumer loan and can be used to meet an individual's immediate financial needs.

Features of Canara Bank Personal Loan

Eligibility	Description
age	21 - 60 years
CIBIL Score	at least 700 or more
personal loan interest rate	12.40% p.a.
EMI per 1 lakh	Rupee. 2653
period of time	12 to 48 months
processing fee	1% of the loan amount
repayment fee	Zero
part payment fee	Zero
Minimum loan amount	Rs 25,000
Maximum loan amount	up to Rs 3 lakh

Canara Bank Personal Loan - Interest Rate.

पर्सनल लोन इंटरेस्ट रेट	12.40% प्रति वर्ष
पर्सनल लोन प्रोसेसिंग फी	ऋण राशि का 1%
स्टाम्प शुल्क	राज्य के कानूनों के अनुसार
चेक बाउंस शुल्क	बैंक शर्तों के अनुसार

Types of Canara Bank Personal Loan

Canara Bank personal loan is the best option to meet the needs of different sections of the people, to meet your short term needs. You can choose here the best personal loan for your needs. Canara Bank offers 3 types of personal loans, which are as follows-

Canara Budget Loan

Canara Teacher Loans

Canara Pension Loan

Canara Consumer Loans

Canara Budget Loan Eligibility Criteria

Criteria	Pensioner
Age	As per bank rules
Generated	At least Rs.10,000 after payment of installments or EMI should be 25% of the total salary.
Work experience	Must be a salaried person working for government, institution, bank etc.
Sibyl Score	750+
Resident status	Residents of India
Interest rate	11% p.a. - 13% p.a.
Loan amount	A maximum of Rs. 3 lakh or 6 months’ salary - whichever is less.
Credit Period	Up to 60 months

Canara Bank Teacher Loan Eligibility Criteria

Criteria	teacher
Age	as per bank rules
Generated	Minimum of Rs.10,000 or EMI should be maximum 30% of the Gross Take Home Salary after the installments paid.
Work experience	Must be a salaried person in an educational institution.
Sibyl Score	750+
Resident status	resident of india
Interest rate	12.65% p.a.
Loan amount	Maximum Rs. 3 lakh or 10 months gross salary – whichever is less.
Credit Period	up to 48 months

Canara Pension Loan Eligibility Criteria

Criteria	Pensioner
Age	As per bank rules
Generated	As per the terms and conditions prescribed by the bank
Work experience	Must be a Canara Bank pensioner
Sibyl Score	750+
Resident status	Residents of India
Interest rate	11.90% p.a.
Loan amount	Maximum Rs. 5 lakhs or 20 months pension - whichever is less.
Credit Period	Maximum 60 months if the person is above 65 years of age. Maximum 72 months if the person is under 65 years of age.

Canara Consumer Loan Eligibility Criteria

Criteria	salaried person
Age	as per bank rules
Generated	Minimum Rs 6,000 after payment of installments or EMIs Maximum 40% of gross salary Non-salaried individuals should have minimum income of Rs 1.5 lakh per year as ITR form
Work experience	Must be a salaried or self-employed individual.
Sibyl Score	750+
Resident status	Residents of India
Interest rate	13.15% p.a.
Loan amount	Maximum Rs 1 lakh or 15 months gross salary or 75% of consumables, whichever is less
Credit Period	up to 36 months

How to get loan from Canara Bank

To get a personal loan from Canara Bank, one has to visit the bank's website https://www.canarabank.com/.

Now the home page will open in front of you and here you have to click on Get Instant Approvals option.

Now a new page will open in front of you, here you have to click on Click here to apply in Retail Loans.

Now a new page will open, here you have to click on Personal Loan.

Now you will be asked whether you want to take more than 1 lakh or more than 10 lakh loan.

Here you have to click on the option as per your requirement.

Now the application will open, in which you have to enter your mobile number, e-mail id as well as other requested information and click on submit.

Now your form will reach the bank, after that you will get a call from the bank and you will be informed about the next process.

Canara BankToll Free Number

1800 425 0018 (Canara Bank-Call Center)

1800 208 3333

1800 3011 3333

1800 103 0018

1800 1037 188 (For Door Step Banking)

1800 1213 721 (Another No. For Door Step Banking)

1800 22 5151 (For Forex Enquiry)

how to get loan from canara bank

how to get loan from canara bank | canara bank personal loan|

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