Canara Bank Home Loan – Interest Rates 2024, Documents

Canara Bank Home Loan– Details on Interest Rates 2024. Check ✓ Eligibility ✓ Documents ✓ Processing fees ✓ Loan amount ✓ Minimum salary ✓ Fees & charges online.

Key Highlights of Canara Bank Home Loan

Interest Rates 8.85% – 11.25%
Processing Fees Nil till 31.03.2023
Pre payment Charges Nil
Loan Amount upto 90% of market value
Eligibility Age Should not be more than 70 Years
Min. Income Rs.12000/- p.m
Loan Repayment 30 years

Canara Bank Home Loan Interest Rates 2024

Scheme Name 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)* 8.85% – 11.25%

Required Documents / Formalities for Canara Bank Home Loan

  • 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

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Top Banks for Home Loans in India
Banks Interest Rates
SBI 8.60% - 9.65%
HDFC Bank 8.50% - 9.40%
ICICI Bank 9.00% - 9.10%
LIC Housing Finance8.50% - 10.50%
PNB Housing 8.50% - 11.95%
Axis Bank 8.75% - 9.15%
Bank of Baroda 9.15% - 10.50%
Canara Bank 8.90 %- 11.25%
Aadhar Home loan N.A