Canara Bank Bhubaneswar

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About  Canara Bank

Canara bank has been operating since 1906. It has been more than a century since its operation and it has been one of the best banks in the country. The bank has been established to promote the thrift and saving habits among the people.  The motto of Canara bank was to serve the people with dedication and help to build a progressive society by assisting the needy. The bank has not looked back ever since its establishment and has moved forward and adopted all the required change in the process.

It has been introduced in the small town of Karnataka named Mangalore. Now it has completed more than hundred years in the banking sector and has spread its network throughout the country. The bank has many branches in the city of Bhubaneswar, the capital of Odisha. The bank aims to be one of the most preferred banks and continue to follow the same ideology to move forward. The bank has been customer centric and their products are variable in the different range to meet the demands of the different section of the society. It wants to match the global norms of profitability and operational efficiency. The bank wants to enhance the money of each shareholder and increase their market value. It strives hard to move forward keeping its accountability, quality of service and profitability intact.

Address of Canara Bank Branches in Bhubaneswar

Branch Name AddressIFSC Code MICR Contact Details   
Bhubaneshwar Bapuji Ngr (MAIN)Plot No.3, P.B.No.53, , Bapuji Nagar, Janpath, , Bhubaneshwar 751009CNRB00003537510150020674 - 2531648
?cuttack Road, BhubaneshwarPlot No.A/19 Cuttack Road, , Nataraj Hotel Complex, , Bhubaneshwar 751006CNRB00016177510150030674-2575553
Chandrasekharpur, BhubaneshwarPlot No.427, Damana Square, , (NEAR Metro Home), , Chandrasekharpur, , BhubaneswarCNRB00028427510150050674-2744093
Stock ExchangeIDCO Tower, Janpath, Bhubaneswar, Orissa - 751006CNRB00028877510150060674-2544565
ICMR, BhubaneshwarIndian Council For Medical Res, Bhubaneshwar, Dist Khurda ( Orissa)CNRB00029577510150070674-2740769
Premises & Estate Section, Co1st Floor, Red Cross Bhavan, , Sachivalaya Marg, P.B. 104, , Bhubaneshwar 751007,CNRB0PE75257510159990674-2412993
DarlipalliPlot No. 1757, Khata No.217 At/Po- Darlipali P.S. Bhasma - 770072CNRB0004085770015501CB4085@CANARABANK.COM
MCB , BhubaneswarPlot No 16 , Laxmisagar Cuttack Road Bhubaneswar - 751006CNRB0004920751015013CB4920@CANARABANK.COM
SME MancheswarCanara Bank, Plot No 159/1 Sector A ; Zone -A Mancheswar Industrial Estate Bhubaneswar-751010CNRB0004921751015014CB4921@CANARABANK.COM
Bhubaneswar BramheswarpatanaCanara Bank, Plot No 159/1 Sector A ; Zone -A Mancheswar Industrial Estate Bhubaneswar-751010CNRB0004912751015017CB4912@CANARABANK.COM
Bhubaneswar Delta SquarePlot No 16, Ravindra Garden Delta Square, Bhubaneswar 751003CNRB0004913751015018CB4913@CANARABANK.COM
Khandagiri BhubaneswarCanara Bank Plot No A 15 Aiginia Khandagiri Bhubaneswar Orissa 751019CNRB00049147510150162396842
Bhubaneswar KIIT CampusTrapsbrah near aps 11 Popata Bhubaneswar 7 51024CNRB00049157510150199438885486

Products Offered by the Canara Bank in Bhubaneswar

There are various types of products that are offered by the Canara bank as the bank has pioneered its presence in the past century for the customer satisfaction. The bank has been providing the latest and world- class services to its customer. The products include all types of loans like home loan, vehicle loan, personal loan, loan against property, gold loan etc. The fixed deposit is also offered by Canara bank so as the customer can get the higher returns than the saving accounts.

Basic details about Canara Bank products

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanThe age of the applicant should be between 18 - 65 years

Salaried individuals with minimum 3 years experience

Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years
For salaried Individuals - Up to 4 years gross salary
Self-Employed Individuals & Business person- Up to 4 years gross annual income

For repairs & renovations - Up to ₹ 15 lacs
8.45% - 8.65%0.50% of the loan amountUp to 30 years or until attaining age of 70 years
Personal LoanPermanent employees of reputed PSUs and Joint Stock Companies
Confirmed Central / State Government officials
Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and Universities

The salary account of the employee should be maintained with the branch
The minimum net salary should not be less than 25% or Rs.10,000/- per month whichever is higher
Salaried - 6 month’s gross salary or ₹ 3,00,000 whichever is lower10.70% - 13.70%0.5% of the loan amountUp to 5 years
Vehicle LoanEligible Segments - Individuals, professionals, reputed firms and companies

Minimum annual gross salary of the individuals should ₹ 3 lacs

The non-individuals candidates should have minimum gross income of ₹ 3 lacs per month
New Car - No maximum limit

Used Car - 75% of the agreed value
8.70% - 9.35%0.25% of the loan amountFor new vehicles - 7 years

For used vehicles - 5 years
Loan Against PropertyExisting customers having satisfactory dealing with the bank

New customers with healthy credit history
Up to 50% of the property value or maximum ₹ 10 crores9.95 - 14.90% p.a.1% of the loan amountUp to 7 years
Gold LoanExisting Saving Bank customers or new customers properly introducedMinimum - ₹ 10,00,000

Maximum - ₹ 10,00,000
11.75% p.a.1% of the loan amountWithin 12 months
Fixed DepositIndividual
Joint (max. 4 people)
A guardian on behalf of a minor
HUF
Partnership Firm
A company
Association or any other Institution
Minimum - ₹ 1,000
Maximum - No predetermined limit
4.20% - 7.10%-15 days - 10 years

7 days - 14 days only on single deposit of ₹ 5 lakhs & above

Documents Required

The documents required by Canara Bank Bhubaneswar for different products are mentioned in the table below:

ProductsDocuments Required
ProductLoan Application with 2 passport size photos of applicant / guarantor
Sale Deed
Agreement for Sale
Copy of the approved plan for the proposed construction/extension/addition
Detailed 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 Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary
Salary Certificate and Form No.16 (in case of salaried persons)
IT Returns filed for the past two years (in case of non-salaried persons)
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)
Home LoanLoan Application with 2 copies of passport size photographs
Latest Salary Certificate and Form No.16 / ITR/ITAO for last 3 years.
Co-obligation
Pronote /Pro-note Covering Letter
Personal LoanProof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Proof of Income: Latest salary slip with form 16 Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹  4,50,000 per annum/ Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company/ Latest ITR
Bank Statement: Last 6 months
Vehicle LoanDuly filled Loan Application with passport size photographs - 2 copies each
Copy of lease deed
Income proof of the applicant and guarantor Income Tax Assessment Order / IT Returns
Title deeds of the property / EC, latest tax paid receipt / Legal Scrutiny Report
Approved plan of building
Certificate of balance if finance is availed against property from any other source
Annual Financial Statements for the past 2 years (in case of persons other than salaried individuals)
Loan Against PropertyApplication for Swarna Loan
Certificate by the Jewel Appraiser
Salary Certificate and Form No.16 / Income Proof
Gold LoansApplication form
Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card)
2 Photographs of Depositor/s
Identity Proof and Address Proof
Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc.
Fixed DepositApplication form
Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card)
2 Photographs of Depositor/s
Identity Proof and Address Proof
Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc.

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