Canara Bank Personal Loan: Provide The Lowest Interest Rate

Canara Bank Personal Loan: Provide The Lowest Interest Rate

Canara bank is the reputed and trustworthy financial company, who can fulfill your desires. You can trust this bank without an issue and complete your wish list.

They have a wide network of 5,784 branches and more than 9,153 ATMs spread across India.

You can take a loan up to the amount of Rs 3 lakh or six months gross salary, whichever is lower.

The repayment is equal installments, within 60 months.

The bank provides personal loans whenever people need extra funds. All salaried individuals can seriously think, with an open mind, to apply for the Canara bank personal loan. The processing fee of this bank 0.5% of the loan amount, subject to a minimum of Rs 1000 and a maximum of Rs 5000 charged.

Before you can apply for the Canara bank personal loan, you should check the eligibility criteria. When your eligibility can match with the bank’s requirement, then nobody can stop you to get the benefits.

You should confirm employee of reputed PSU and joint stock companies, central or state government officials. By profession, you should be lecturers, assistant professors, professors of colleges, research institutions and universities. You should maintain your salary account with the branch, and minimum net salary should be Rs 10,000 per

You can also share required documents with the bank so that it’s easy to get the privileges of the loan. For a salaried individual, you should carry two passport size photographs, copy of passport, voter ID or driving license, processing fee cheque, last three months bank statement, six months bank passbook, latest salary slip, and recently dated salary certificate with form 16. For self-employed you should provide two passport size photograph, a copy of Aadhaar card, voter ID, driving license, processing fee cheque, latest bank statement, latest income tax return copy or form 16, and last three months bank statement.

Now after matches all the data, you want to know the procedure to drop an application request? You can have two options to apply for the Canara bank personal loan online or offline. For the offline method, you should visit the nearest bank branch, fill the physical application form along with share selfattested documents and a recent passport size photograph. For the online service, go to the official site, fill the personal or professional information like employment type, date of birth, gender, and full name. You can also share registered email ID or mobile number so that if they want more information contact you easily.

Canara Bank Personal Loan Interest Rate

This bank can provide the lowest interest rate so that you can fulfill your desires without any extra burden.

The interest rate starts at 11.00% to 14.00%, loan amount six months gross salary subject to maximum Rs 3 lakh, the repayment equation is up to 60 months and processing fee 0.5% of the loan amount.

Canara Bank Personal Loan EMI Calculator

EMI calculator is the best way to know the exact payable amount detail. Need to download and install the site.

Once installation over, you should put your application number or reference number along with the registered mobile number. After the submission, they can verify the provided details and within a second know the monthly payable amount detail to the lender.