Canara Bank Personal Loan

Canara Bank Personal Loan: Hello friends, as we know that when a person needs money, he takes a loan from the bank. We will tell you how you can get a personal loan of ₹ 50,000 through Canara Bank in 5 minutes. Canara Bank personal loans have lower interest rates than regular banks and do not require any asset collateral. For complete information about this, read this article till the end.

Canara Bank Personal Loan Eligibility | Eligibility

  • Applicant must be a citizen of India.
  • Government employee or employee of occupation covered under Companies Act 2023 should be between 25 to 60 years of age.
  • His CIBIL score should be more than 750 in the bank.
  • Applicant’s salary should not be less than 25,000 rupees per month.

Canara Bank Personal Loan Interest Rate

Canara Bank Personal Loan interest rates range from 11.75% to 16.25%. Loan repayment terms vary from 12 to 60 months. Canara Bank offers personal loans up to Rs 10 lakh. 1 lakh personal loan monthly installment will be Rs 2149. There is one percent processing cost while applying for personal loan. Only 50,000 rupees online loan is available for you. To apply for loan above 2 lakhs you have to go to Canara Bank branch.

Canara Bank Personal Loan Required Documents

  • aadhar card
  • Bank Passbook
  • mobile no
  • Email Id
  • PAN card
  • address proof
  • 6 months bank statement

Canara Bank Personal Loan Application Process | Canara Bank

  • Personal Loan
  • First of all you have to download Canara ai1 mobile banking app from Google Play Store.
  • After installing the app, go to its loan area.
  • When the Personal Loan option appears, click on it.
  • Select the type of personal loan you want to avail, such as for marriage, education or health.
  • After this, the application form will open; Complete it by filling the required information.
  • After that you have to submit the application.
  • The loan amount will be transferred to your bank account within 48 hours of verification of the application form.

Important Links

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