Quantum of loan:

Salaried class : 80 % of the invoice value or 15 months of net salary whichever is less.

Professionals & other non-salaried class : 80 % of the invoice value or to the extent of 50 % of their annual net income in the immediate previous year whichever is less.

Rate of interest:

PLEASE VISIT OUR PAGE ON RATE OF INTEREST ON PERSONAL LOANS

In convenient EMIs of 48 months. Selectively 60 months also considered.

Stipulated Loan Application with 2 passport size photos

Latest salary certificate and Form No.16 / income - proof like ITAO / IT Return, Financial Statements as the case may be

Proforma Invoice or valuation report (as the case may be)

Guarantee / co-obligation. Waiver considered selectively

Processing charges:

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

For details please contact nearest branch of Canara Bank.