Canara Bank Personal Loan Apply, Interest Rate 2024, Eligibility Calculator, Salary Loan and more details here we provide in this article please keep read till last to understand better.
You do not need to worry or worry at all about how to take a loan from Canara Bank or how to take a loan from Canara Bank.
Because in today’s article of our blog, we will give you complete information about How to get Canara Bank Personal Loan.
Along with this, Canara Bank will also give you complete information related to the personal loan option.
Friends, as you must be aware that nowadays personal loan is becoming very popular and you are getting the facility of personal loan through many banks, institutions and online mediums.
But in such a situation it becomes very difficult to know which bank or website is giving the best personal loan and in today’s article of our blog we are going to tell you about one such bank. . Which is giving you the facility of personal loan and the name of that bank is Canara Bank.
How to get a personal loan from Canara Bank or what is the personal loan facility of Canara Bank, how can you get it or how to get this personal loan. We will give you answers to all these questions with the help of this article or article of our blog today.
Types of Canara Bank Personal Loan
Canara Bank offers various types of personal loans, the main ones are:
- Canara Budget
- Canara Pension-General Public
- teacher loan
Canara Budget:-
Benefits / Features:
- Applicants can take this loan for any of their personal or household expenses.
- Under this loan, the customer gets the facility of term loan and overdraft.
- Salaried person can get maximum loan amount up to Rs.3 lakh.
- Overdraft: Renewal in 2 years
- Loan Tenure – Up to 60 Months.
- Processing fee – 0.50% of loan amount, Minimum – Rs 1000, Maximum – Rs 5000.
Eligibility:
- Central or State Government employee is eligible.
- Reputed PSUs/Joint Stock Companies.
- Reputed Corporate/Public Limited Companies/Private Institutions.
- Lecturer / Assistant. Professors / Professors of Colleges / Research Institutes and Universities.
- IT / BT companies.
Canara Pension-General Public:-
Benefits / Features:
- Pensioners can take this loan to meet their medical expenses and other personal expenses.
- Margin – Nil
- Processing Fee – Nil
Eligibility:
- All Central Government Pensioners (Civil, Central, Railway, Defence, Defense Civilian, Armed Forces and Freedom Fighters etc.) are eligible.
- All state government pensioners.
- Pensioners of all Government Department Undertakings.
- Pensioners of all Public Sector Undertakings/Corporate Pensioners.
- All the above categories of family pensioners.
Loan amount and repayment:
You can understand the loan amount and repayment for this loan on the basis of the table given below:
For general public pensioners:
Age at the time of loan sanction | Maximum loan amount (18 months pension or Rs.) | repayment period | Age at full repayment |
| less than 70 years | 10.00 lakhs | 60 months | up to 75 years |
| 70 – 75 years | 5.00 lakh | 36 months | up to 78 years |
For Defense Pensioners:
Age at the time of loan sanction | Maximum loan amount (24 months pension or Rs.) | repayment period | Age at full repayment |
| less than 50 years | 10 lakh | 84 months | 57 years |
| 50 – 60 years | 8 lakh | 60 months | 65 years |
| 60 – 70 years | 6 lakh | 48 months | 74 years |
| 70 – 75 years | 5 lakh | 24 months | 77 years |
For Family Pensioners (General/Defence Pensioners):
Age at the time of loan sanction | Maximum loan amount (18 months pension or Rs.) | repayment period | Age at full repayment |
| less than 70 years | 5.00 lakh | 60 months | 75 years |
| 70 – 75 years | 3.00 lakh | 36 months | 78 years |
Teacher Loan:-
Benefits / Features:
- The applicant can take this loan to meet any of his personal or domestic needs.
- All permanent teaching/non-teaching employees working in school/college who are getting salary through Canara Bank can apply for this loan.
- The maximum loan the customer can get is up to Rs 3 lakh.
- Processing fee – 1% of loan amount, Minimum – Rs.50
- Loan Tenure – 48 Months.
- Margin – Nil |
Canara Bank Personal Loan Documents Required
Before applying for this loan, you should keep all your documents together so that whenever the bank asks you for documents, you can show them all the documents immediately. The documents for different types of personal loans are as follows:
Documents for Canara Budget Personal Loan:
- Prescribed loan application form with 2 copies of passport size photograph.
- Latest Salary Certificate and Form No. 16 / ITR / ITAO for last 3 years.
- Co-obligation
- pronote covering letter
Documents for Canara Pension-Aam Janata Personal Loan:
- Prescribed loan application with 2 copies of passport size photograph
- Co-obligation (unless waived)
- delivery letter to dpn
Documents for Teacher Loan:
- Prescribed loan application with 2 passport size photographs
- Latest Salary Certificate and Form No. 16
- co-obligation where applicable
- Pronote / Pronote Covering Letter
Canara Bank Personal Loan Apply
Friends, if you were also worried about this question, how to get a personal loan from Canara Bank, then now there is no need to take tension at all. With the help of this method, you can take a personal loan with the help of Canara Bank very easily.
- To take a personal loan with the help of Canara Bank, first of all you have to visit the nearest branch or website of Canara Bank (here we will tell you about the website).
- After that you have to click on the loan option and as soon as you click on the loan option.
- There you will see the option of Personal Loan, on which you have to click on Back.
- After that an application form will be given for taking personal loan .
- In which you will have to enter your mobile number, email id as well as other personal information.
- As soon as you have entered all your required details, you will have to upload the documents required for that loan.
- Then you have to submit the loan application. As soon as you press the submit button. Your loan application will go to the bank for review.
- A few hours or days after going through the review, you will get a call from the bank. In which all your given information will be verified and you will be asked.
- As soon as your loan is approved, you will be given the entire loan amount on personal loan from Canara Bank and this amount will be directly transferred to your bank account.
Friends, in this section of our article, we have told you how to take a personal loan from Canara Bank and have tried to answer the most important question asked by you people.
But if you still have some questions related to Canara Bank, like what is Canara Bank, how much amount can we get as loan with the help of Canara Bank or how much interest do we have to pay for taking personal loan from Canara Bank Is.
So you do not need to worry, because we are also going to give you complete information about these questions on how to take a personal loan from Canara Bank. But first of all, let us give you information about how big a personal loan I can get with the help of Canara Bank.
Because many people think that as a personal loan, we are given less amount than other loans, but this is not the case with you in Canara Bank at all.
Read Also: Bajaj Finance Personal Loan Apply
How to apply offline?
- To apply offline, you have to first go to your nearest Canara Bank branch.
- The bank employee will provide you all the information related to personal loan.
- After that your documents will be verified.
- Then you will be given a Canara bank loan application form.
- You have to enter all the information asked in the form correctly, attach your documents and submit it the same.
- In this way your offline application will be completed.
For how long can I get a Canara Bank personal loan?
Friends, whoever wants to take a personal loan, first of all he asks this question that how much amount can I get as a personal loan with the help of any bank.
As far as Canara Bank is concerned, here you can get an amount or amount up to ten lakh rupees in the form of personal loan. Ten lakh rupees is a big amount or amount, which you can use in many places, such as your studies, marriage, etc.
But the amount of ten lakh rupees is available, but here you have to pay the percentage of interest rate or interest rate on taking a personal loan.
Canara Bank Personal Loan Interest Rate
Friends, though taking a personal loan with the help of many banks, you have to pay a very high interest rate which goes up to 16% or 20%.
But this does not happen in Canara Bank, with the help of Canara Bank, you can take a personal loan at a very low interest rate such as Starting from 6.90% to as high as 12.40%, which is very less than other banks.
But taking a personal loan with the help of Canara Bank, you have to pay a processing fee of 0.50%, which slightly reduces the amount of that loan.
Hope friends, now you must have understood that what percentage interest rate or interest you have to pay for taking a personal loan with the help of Canara Bank and what is the processing fee on that loan.
But with the help of Canara Bank personal loan is given to you for how long or what is the tenure of this loan.
For what tenure is the Personal Loan from Canara Bank given?
Friends, if you were wondering how to take a personal loan from Canara Bank, then you must definitely get information about the tenure of Canara Bank or any other bank giving you a personal loan.
As far as Canara Bank is concerned, this bank can give you a personal loan for a tenure of 6 months to 84 months i.e. 7 years.
The tenure or the time depends on your requirement, as if you only need a loan for a short period of time, you can take a personal loan for a tenure of 6 months.
Friends, if all the information is told in one go, Canara Bank can give you a loan of one million at an interest rate of starting from 6.90% to 12.40% with a processing fee of 0.50% for a period of 6 months to 7 years .
Canara Bank personal loan is slightly better than other banks according to us.
But what documents or documents will you need to take a personal loan with the help of Canara Bank.
Documents Required for Canara Bank Personal Loan?
Friends, if you also want to take a personal loan with the help of Canara Bank or are thinking how to take a personal loan from Canara Bank, then it is very important for you to have these documents or documents-
- Identity Proof (Passport, PAN Card, Driving License, Aadhar Card, etc.)
- Address proof (ration card, telephone bill, bank account statement, etc.)
- Income proof (bank statement, salary slip, ITR, etc.)
Hope, friends, now you must have understood how to get Canara Bank Se Personal Loan and you must have got information about all the necessary documents for taking personal loan with the help of Canara Bank.
If you are thinking of taking a personal loan with the help of Canara Bank, then you can also use the online canara bank personal loan calculator to find out how much amount you will have to return to Canara Bank by adding onions.
But what do you think about Canara Bank, do let us know in the comment box.
Canara Bank Personal Loan EMI Calculator
Before applying for Canara Bank Personal Loan you should calculate the EMI (Equated Monthly Installment) of your loan. By calculating the EMI of the loan, you can find out how much you will have to pay at the time of repayment of the loan. You can calculate the EMI of your loan with the help of Personal Loan EMI Calculator by visiting the official website of Canara Bank.
The EMI of the loan depends on three main factors – loan amount, interest rate and loan tenure. You can find out the cheapest personal loan by comparing the personal loan EMI of different banks.
Canara Bank Personal Loan Customer Care Number
- Toll Free Numbers: 1800 425 0018 / 1800 103 0018 / 1800 208 3333 / 1800 3011 3333
- Non Toll Free Numbers (if calling from outside India): +91-80-22064232
FAQs on Canara Bank Personal Loan
How to get loan from Canara Bank?
Friends, if you want to take a personal loan or any loan from Canara Bank, then first of all you have to go to the nearest branch of Canara Bank. There you will have to submit your required documents and as soon as your application will be approved. You will get the loan amount with the help of Canara Bank.
Need a loan from Canara Bank?
If you want to take a loan with the help of Canara Bank, first of all decide whether you want this loan online or offline, then see what type of loan you want, then apply and the loan amount will be directly credited to your account.
How to take loan from Canara Bank?
o take a loan with the help of Canara Bank, you first have to go to Canara Bank and fill an application form for the loan. In which you will have to submit all your details and documents, if you are eligible to take the loan, then the loan will be given to you by Canara Bank.
How much loan against salary can I get?
iends, you can get loan against salary from many places and in many different amounts, because it depends on where you want to take that loan. For example, with the help of online apps, you can take a loan of up to five lakhs on salary and with the help of Canara Bank, you can get a personal loan up to ten lakhs.
How to take loan on mobile?
How to take loan of 100000 from bank?
Friends, if you want to take a loan of ten lakh rupees with the help of bank, then you can look towards Canara Bank. Because this bank can give you a loan of ten lakhs in the option of personal loan. All you have to do is show the required documents to the bank and after the application is approved, the amount will reach your bank account in a few days.
Conclusion:
Friends, in today’s article of our blog, we told you that what is the method or process of taking a personal loan with the help of How to get Canara Bank Personal and eligibility, interest rate and more details we cover in this article.
Along with this, we have also tried to answer other questions related to Canara Bank, such as how much personal loan Canara Bank can give you, for how long does this loan go to you. What percentage of interest do you have to pay on a personal loan with the help of Canara Bank, etc.
Hope that all the information we have told you has been understood by you and the topic of Canara Bank Se Personal Loan Kaise Le would have been over for you. But if you still have questions or queries related to the topic of how to take personal loan from Canara Bank, then definitely tell us about them in the comment box.