COMPARE : PERSONAL LOAN
Canara Bank Personal Loan
Introduction
Canara Bank provides a simple Personal Loan Scheme exclusively for the benefit of employees of Corporates, PSUs, Government Departments, Institutions, etc., and also Non salaried class like ; professional/self employed, businessmen. This loan is offered to meet genuine personal needs other than speculative purpose.
Highlights
  Salaried Self Employed
Loan Scheme Canara Budget Canara Budget
Loan Type Term Loan Term Loan
Loan Amount Six months' gross salary or Rs.1 lakh whichever is less. 50% of average gross annual income of the applicant for last 3 years subject to maximum of Rs.1 lakh

Higher quantum also considered selectively.
Tenure Min. - 12 months.
Max. - 48 months.
Min. - 12 months.
Max. - 36 months.
Interest Rate Min. - 14.2 %
Max. - 14.2 %
Min. - 15.2 %
Max. - 15.2 %
Time to Process Loan 5 days 5 days
 Fees & charges
 Security
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