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Toll Free Numbers

Canara Bank
1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


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(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.

RATES OF INTEREST FOR RETAIL LENDING SCHEMES

Rates of Interest of all Retail Lending Schemes are linked to REPO LINKED LENDING RATE
RLLR OF THE BANK – 6.90% w.e.f. 07.02.2021

 

SL NO

LOAN PRODUCT

CIC - RISK GRADE

RLLR

WOMEN BORROWERS

OTHER BORROWERS

 

 

 

 

CREDIT RISK PREMIUM OVER RLLR

EFFECTIVE ROI UNDER RLLR

CREDIT RISK PREMIUM OVER RLLR

EFFECTIVE ROI UNDER RLLR

1

Housing Loan

  • Home loan for Purchase/Construction/Extension/Repair or renovation of house.

CS : 1

6.90

0.00

6.90

0.05

6.95

CS : 2

6.90

0.05

6.95

0.10

7.00

CS : 3

6.90

0.45

7.35

0.50

7.40

CS : 4

6.90

1.95

8.85

2.00

8.90

2

Canara Vehicle Loan

Four wheelers including Agriculturists

CS : 1

6.90

0.40

7.30

0.45

7.35

CS : 2

6.90

0.55

7.45

0.60

7.50

CS : 3

6.90

0.95

7.85

1.00

7.90

CS : 4

6.90

2.95

9.85

3.00

9.90

 

Four Wheelers, for unrated i.e. where credit history is not available              

 

 

CS : 2

6.90

0.55

7.45

0.60

7.50

Two Wheelers

CS : 1

6.90

2.10

9.00

2.15

9.05

CS : 2

6.90

2.25

9.15

2.30

9.20

CS : 3

6.90

5.25

12.15

5.30

12.20

CS : 4

6.90

7.00

13.90

7.00

13.90

Two Wheelers, for unrated i.e. where credit history is not available

 

CS : 2

 

 

6.90

 

 

3.25

 

 

10.15

 

 

3.30

 

 

10.20

 

* For Housing loans under Commercial Real Estate (3rd & subsequent dwelling unit) the applicable rate shall be the above rate +0.50%



 

LOAN PRODUCT

CIC - RISK GRADE

RLLR

CREDIT RISK PREMIUM OVER RLLR

EFFECTIVE ROI UNDER RLLR

3

Housing Loan to Corporates

6.90

1.25

8.15

4

Canara Vehicle Loan
Four Wheeler to Firms/Companies

6.90

0.60

7.50

5

Home Improvement Loan

CS : 1

6.90

2.50

9.40

CS : 2

6.90

2.55

9.45

CS : 3

6.90

3.05

9.95

CS : 4

6.90

4.55

11.45

6

Canara Home Loan Plus

CS : 1

6.90

0.55

7.45

CS : 2

6.90

0.60

7.50

CS : 3

6.90

1.10

8.00

CS : 4

6.90

2.60

9.50

7

Canara Home Loan Secure

6.90

0.10

7.00

8

Canara Mortgage

CS : 1

6.90

3.05

9.95

CS : 2

6.90

3.10

10.00

CS : 3

6.90

3.60

10.50

CS : 4

6.90

5.10

12.00

9

Canara Site

CS : 1

6.90

1.05

7.95

CS : 2

6.90

1.10

8.00

CS : 3

6.90

1.60

8.50

CS : 4

6.90

2.10

9.00

10

 

 

 

 

  Canara Rent

a) Navaratna PSUs, AAA rated Companies, Fortune 500 Companies, MNCs, Banks & Insurance Companies

6.90

 

2.10

 

9.00

 

b) Others

6.90

2.40

9.30

c) Property leased to our Bank

6.90

1.90

8.80

11

Canara Jeevan

6.90

1.60

8.50

12

Canara Budget-Individual

CS : 1

6.90

4.35

11.25

CS : 2

6.90

4.40

11.30

CS : 3

6.90

4.90

11.80

CS : 4

6.90

6.40

13.30

13

Canara Budget - Special Package

With salary Tie Up

6.90

4.40

11.30

Without salary Tie Up

6.90

5.40

12.30

14

Swarna Loan

6.90

0.75

7.65

15

Canara Cash

6.90

6.55

13.45

16

Canara Pension

6.90

3.30

10.20

17

Teachers Loan

CS : 1

6.90

4.00

10.90

CS : 2

6.90

4.05

10.95

CS : 3

6.90

4.55

11.45

CS : 4

6.90

6.05

12.95

18

All Other Personal Loans

CS : 1

6.90

5.50

12.40

CS : 2

6.90

5.55

12.45

CS : 3

6.90

6.05

12.95

CS : 4

6.90

7.00

13.90

19

Education Loans ##

i) Vidya Sagar Scheme (Loan Quantum) # a. Upto Rs  7.5 Lakhs 6.90 2.00 8.90
 b. Above Rs  7.5 Lakhs 6.90  1.60  8.50
 ii) IBA Skill Loan (Max Rs 1.50 lakh)  6.90  1.50  8.40
 iii) Vidya Turant Scheme  a. With Co-borrower 6.90  0.00  6.90
 b. Without Co-borrower 6.90  0.60  7.50
 iv) Vidya Sahay Scheme (max 1.00 lakh)  6.90  2.00  8.90
v) Vidya Shakthi Scheme (Max 7.5 Lakhs)  6.90  0.00  6.90
## Concession of 0.50% for prompt servicing of interest during course period under education loan
# Concession of 0.50% ROI extended to girl students under Education Loan
Got any Questions?
Call us Today!

Toll Free Numbers

Canara Bank
1800 425 0018
e-Syndicate
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.
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