Canara Bank Car Loan in Bengaluru

About Canara Bank Car Loan in Bengaluru

Canara Bank is one of the most leading commercial banks in India. The bank has served the nation for more than hundred years and has pioneered in the customer satisfaction. It has provided the best products and services to make the banking experience of the customers beneficial and enjoyable. The car loan is one such product that is offered to the customer of Bengaluru at competitive rates. It helps the people to own their own car. It gives the chance to make the dream car as your own.

Canara Bank Car Loan in Bengaluru at a glance

ParticularsDetails
Interest Rate8.60% - 9.25%
Loan amountFor New Cars:

Minimum Loan: upto ₹10,00,000

Maximum Loan: ₹25,00,000 & above

For Pre-owned Cars: 75% of the agreed price or 75% of the value of the car, as assessed by an automobile engineer or ₹ 15,00,000/- whichever is lower.
TenureFor new vehicles - 7 years
For used vehicle(not older than 5 years)- 5 years
Processing fee0.25% on the loan amount with a minimum of ₹1000/- and maximum of ₹5000/-
Pre- payment chargesNIL

Eligibility Criteria

  • Eligible 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 months

Documents Required

  • Proof 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

To know more, visit Car Loan Bengaluru.

Address of Canara Bank Branches in Bengaluru

Branch NameAddressIFSC CodeMICR Contact Details
Bs & Ca Section, Ho, BangaloreCanara Bank, 112, J C Road, Head Office, Bangalore - 560001CNRB0000401560015997080-22238867
Bangalore Avenue Road102, 103, 104 - 110, Pb No 6588, Avenue Road, , Bangalore 560002CNRB0000402560015005080 - 2215925
Bangalore BasavanagudiPb No.493, 180/1, Gandhi Bazar, Basavanagudi, Bangalore 560004CNRB0000403560015032080 - 26522933
Bangalore Cantonment88, Mahatma Gandhi Road, , Cantonment, , Bangalore 560001CNRB0000404560015009080 - 25589502
Bangalore ChamrajpetNo.6, 2nd Main 2nd Cross, , Chamarajpet, , Bangalore 560018CNRB0000405560015010080 - 2527704
Bangalore Chickpet126 To 129, Balepet/Chickpet, (NEXT To Udupi Krishna Bhavan), BangaloreCNRB0000406560015011080 - 22871182
Bangalore Fraser Town86/3, Coles Road, , Frazer Town, , Bangalore 560005CNRB0000407560015017080 - 25363723
Bangalore Jayanagar Shop CompPb No.1611, Jayanagar Shopping, Complex, Eastern Side, , Bangalore 560011CNRB0000408560015030080 - 26630751
?Bangalore MalleswaramPb No.307, 38 & 39, , Vth Cross Rd, Malleswaram, Bangalore 560003CNRB0000409560015072080 - 23444636
Bangalore Narasimharaja RoadPb No.6668, Jamia Complex, , Narasimharaja Road, , Bangalore 560002CNRB0000410560015041080 - 26701637
Bangalore Rajaji Ngr Iii Block628, 629, Iii Block, , Rajajinagar, , Bangalore 560010CNRB0000411560015047080 - 23350732
Bangalore MajesticWorld Trade Centre, , Fkcci Building, K G Road, , Bangalore 560009CNRB0000412560015071080 - 22268446
Bangalore Town HallP B No.6867, 112, J.C. Road, Bangalore 560002 CNRB0000413560015058080 - 22238186
Bangalore VisweswarapuramP B No.490, 550, Diagonal Road, , Visveswarapuram, Bangalore 560004CNRB0000413560015058080 - 26619038
Bangalore Hal 2nd StageNo.22, I Floor, 80 Feet Road, , H A L Iii Stage, Bangalore 560038CNRB0000415560015019080 - 25291328

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