In this article, we will know Canara Bank Personal Loan Details. As we all know that we take loans only for some of our important work. Like building a house, buying a car, or getting married at home. By the way, there are many banks in India that give loans. Like SBI, PNB, and Bank of India, apart from this, there are also some private banks. Every bank has its own rules.
In this article, we will know Canara Bank Personal Loan Details. Apart from this, we will know Canara Bank personal loan eligibility, Canara Bank loan application online, and necessary documents.
Canara Bank Personal Loan Details 2023
There is no separate rule for taking a loan from Canara Bank. In this, keeping in mind many sections, different types of loans have been made. Such as budget loans, teachers’ loans, and pension loans. Under Canara Bank Personal Loan Details, you can take loans ranging from 200000 to 1000000.
Some important documents will be required to take a loan from Canara Bank. Like the Aadhaar card and PAN card, apart from this, there are some documents, whose information you will get further. Apart from all these, your civil score should also be good. Only then your loan will be approved.
To take a loan from Camera Bank, you have to go through some other rules. To know that you will have to read the full article further.
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Canara Bank Personal Loan Eligibility
- To take a loan from the bank, first of all, you must be an Indian.
- After that, you should be at least 21 years of age and a maximum of 65 years.
- You should have some source of income from which you can repay the loan.
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Require Document In Canara Bank Personal Loan
- Voter ID card
- Passport size photo
- Aadhaar card
- PAN card
- Passport
- Driving license
- Ration Card, Bank Account Statement, Passport, Driving License, Electricity Bill, Telephone Bill, Sale Deed/Property purchase agreement(for owned properties)
How To Apply for Canara Bank Personal Loan Online Or Offline 2023
- There are two ways to apply for a personal loan from Canara Bank, first online and second offline.
- To apply online, first, you have to go to its official website.
- On the home page, you have to go to the option of personal loan and click.
- After clicking you will get some options out of which you will have to click on Personal Loan Scheme.
- Complete the registration with the required documents.
- After you complete the registration, you will be contacted by their executives shortly.
- Your loan will be approved after they verify you.
- After that amount will come into your account.
Let us know how to apply offline. For this, you have to go to the nearest branch of Canara Bank, prepare all the documents, and take them with you. Then you get information about a personal loan from the bank manager. When you agree with all the information. After that apply for a loan. If all your documents are correct then your loan will be approved and the loan amount will be credited to your account.
Canara Bank Personal Loan Interest Rate 2023
When any bank makes a loan scheme. So the interest rate of that loan is fixed for that. In the same way, if you take a personal loan from Canara Bank, then you will have to pay some interest rate for this also. You have to pay in monthly or yearly installments.
Canara Bank Personal Loan starts at 10.2% per annum and goes up to 13.9% per annum. By the way, the interest rate of the bank always keeps on going up or down. Therefore, whenever you take a personal loan from Canara Bank, do check directly on their official website once.
Q.1 Canara Bank personal loan interest rate
Ans: Canara Bank Personal Loan starts at 10.2% per annum and goes up to 13.9% per annum.
Q.2 What is the limit of personal loans in Canara?
Ans: 10lakh.
