🪩 Home Loan Rate Of Interest Canara Bank

The details of housing projects approved by the Bank are furnished in the next page. Approval of housing projects are mainly for the purpose of eliminating possible delay by avoiding repetitive jobs in processing of loan applications from different purchasers who propose to buy dwelling units in the same project. Canara Bank Two Wheeler Loan Features. Canara Bank Two Wheeler Loan Interest Rate. 11.83%* per annum. Min Loan Amount. ₹ 10,000. Max Loan Amount. (Loan to Value) Loan up to 90% of On Road Price. or 100% of Ex-showroom Price. Benefits on Interest rate: Home loan interest rate for bank employees is often lower than that of the general public. The precise interest rate will differ from one bank to the other. Benefit on loan amount: Home loans for bank employees can range from Rs.30 lakh up to Rs.10 crore depending on salary and other eligibility criteria. Canara Bank lets you open a fixed deposit account with them. The account can be opened for a period that ranges between seven days and ten years. The interest rate offered on Canara Bank fixed deposits range between 4.00% p.a. and 7.25% p.a. for the general public while for senior citizens, it ranges between 4.00% p.a. and 7.75% p.a. The following are the Canara Bank Home Loan eligibility details. You must be an Indian resident, NRI, or Person of Indian Origin (PIO) who carries a foreign passport or an Overseas Citizen of India (OCI) card. Minimum and maximum entry age to avail of this loan are 21 years and 60 years, respectively. Maximum exit age must not exceed 75 years. Canara Bank home loan interest rates According to the Canara Bank website, “*The reviewed rate will be applicable only to new accounts opened on or after September 9, 2023 & accounts completing 3 years under RLLR regime on or after 12.09.2023. Key Highlights of Home Loan. Interest Rate. Starting from 8.30% p.a. Loan Amount. Varies on case-to-case basis. LTV Ratio. Up to 90% of the property value. Tenure. Up to 30 years with some lenders extending till 40 years. 1. Applicable Liquidity premium is to be loaded in case of loans repayable above 1 year. 2. The following Interest concessions shall be extended subject to ultimate rate of interest not falling below respective MCLR. a) 0.50% concession to Women beneficiaries. b) 0.25% concession to CGMSE covered accounts. WBUb.

home loan rate of interest canara bank