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NRI LOANS & ADVANCES
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  Instant cash against Shares / Debentures / Bonds / Units !

Purpose:
Earn on your investments. And keep them too.
No need to liquidate your investments even during dire necessities.
Instead, you can avail CanCASH loan pledging your investments in Shares, Debentures, Bonds or Units.

 

Eligibility:
Individuals - Existing customers with satisfactory dealings.
New customers - well-introduced and credit worthy can also avail.

 

How much will you get :
Shares and Debentures - upto 50 % of market value
PSU Bonds upto 70% of Market Value
Units of UTI and CBMF - 50% of NAV or market value whichever is less.



Avail upto Rs.5 lakhs
Maximum loans upto Rs.20 lacs if demat account is maintained
With DPs of our bank.


Securites can be replaced / substituted during the currency of the loan upto 10 times.

 


Rate of Interest:

PLEASE VISIT OUR PAGE ON RATE OF INTEREST ON PERSONAL LOANS

 

Repayment:
Upto 60 months. EMI also acceptable.
Selectively OD limit is also considered.

 

Processing Charges:
0.1% of the loan amount subject to a minimum of Rs.100/- and maximum of Rs.250/-.

 

Documents / Formalities :




For details please contact nearest branch of Canara Bank.

   
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CASH WITHDRAWAL IN OTHER BANK ATMs : As per the advice / directions of IBA, five free cash transactions per month is allowed in other bank ATMs for Savings Bank Customers w.e.f. 15th Oct 2009. Also, the maximum withdrawal limit per transaction is Rs.10,000/-. || Notice to existing customers and new customers on KYC compliance. Click Here

 
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