Canara Bank Home Loan – Interest Rates Sep 2018, EMI Eligibility Calculator

Canara Bank Home Loan– Details on Interest Rates September 2018. Check ✓ Eligibility ✓ Documents ✓ Processing fees ✓ Loan amount ✓ Minimum salary ✓ Fees & charges online.

Key Highlights of Canara Bank Home Loan

Interest Rates 8.70% – 8.90%
Processing Fees 0.50% of loan amount
Pre payment Charges Nil
Loan Amount upto 90% of market value
Eligibility Age Should not be more than 70 Years
Lowest EMI Rs.783 per lac
Min. Income Rs.12000/- p.m
Loan Repayment 30 years

Home Loan applications received for rupees ₹ 419,027 crores till 18 September 2018

GET INSTANT HOME LOAN QUOTES ONLINE & your CIBIL score absolutely FREE.

Loan Amount
Occupation

Annual Income

City

54,02,013 loan quotes taken till now.
  • 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @ yourstory.com
  • As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online.

Canara Bank Home Loan Interest Rates September 2018

Scheme Name Women Borrowers Other Borrowers
Loan Quantum Present Interest Rates Present Interest Rates
HOUSING LOAN,

HOUSING LOAN TO AGRICULTURISTS,

HOUSING LOAN TO NRIs,

YUVA AWAS RIN ( CANYAR),

HOUSING LOAN TO SENIOR CITIZENS*,

PRADHANMANTRI AWAS YOJNA (PMAY)*

HOUSING CUM SOLAR LOAN

Up to 30 Lakhs 8.70% 8.75%
Above 30 lakh to 75 Lakhs 8.80% 8.85%
Above 75 Lakhs 8.85% 8.90%
HOUSING LOAN CRE
(3rd and subsequent dwelling unit)
Up to 30 Lakhs 9.20% 9.25%
Above 30 Lakhs & Upto 75 Lakhs 9.30 9.35%
Above 75 Lakhs 9.35% 9.40%
HOME IMPROVEMENT LOAN 11.10%
CANARA HOME LOAN PLUS Term Loan 11.45%
Over Draft 11.95%

Required Documents / Formalities :

  • Required Loan Application with 2 passport size photos of applicant / guarantor
  • Sale Deed
  • Copy of the approved plan for the proposed construction / extension / addition
  • Comprehensive cost estimate / valuation report from Bank’s Panel Chartered Engineer / Architect
  • Allotment letter of Co-operative Housing Society / Apartment Owners’ Association / Housing Board / NOC from the Society / Association / Builders / Housing Board
  • Legal Inspection Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary
  • If salaried person, Salary Certificate and Form No.16 required
  • In case of Non Salaried, IT Returns for the past two years required
  • A brief note on the nature of business, year of establishment, type of organization, etc., (in case of self-employed)
  • Balance Sheet and P & L Account for the past three years (in case of self-employed)

For more details, please visit Canara Bank earest branch or call to toll free no of canara bank. 1800 425 0018.

Other available Products of Canara Bank
Canara Bank Personal Loan
Canara Bank Car Loan
Canara Bank Credit Card
Canara Bank Education Loan