Avail Canara Bank Car Loan Indore to own the dream car- Wishfin

Canara Bank Car Loan in Indore

About Canara Bank Car Loan in Indore

Canara bank is one of the commercial banks that was established in the year 1906. The bank is one of the leading banks in India. It has provided the products and services to the customer for more than 100 years. It has the best and prolonged experience in the customer satisfaction. The bank determines the requirements and designs the products accordingly to satisfy the needs of the customers. The bank offers the international standard of the products and banking facilities. The other important product that is offered by Canara bank is the car loan. The car is one of the assets that is on the bucket list of many. To add wheels to the dreams the car loan given by the Canara bank is one of the best financial options. It provides the loan amount with competitive rates. For the people living in the budding cities like Indore, the financial help in terms of loan helps them to manage the finance and fulfill the dreams simultaneously. For them, the best option is to avail the car loan from Canara bank and experience the excitement and happiness to own a car.

Canara Bank Car Loan in Indore at a glance

Interest Rate7.30% Onwards
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 get further details, Visit Car Loan Indore.

Address of Canara Bank Branches in Indore

Branch NameComplete AddressIFSCMICRCustomer Care
Indore M G Road (Main)PB No. 4, Narayana Bhavan, Gorakund M.G.Road, , Indore 452002CNRB00003254520150050731-2450132
Siyaganj, Indore11, RNT Marg, Indore 452001CNRB0000359452015004731 - 2528735
Indore Naulakha319, Bhanwar Kumar Rd, Microwave Towersquare, , Indore 452001CNRB0001476452015003731 - 2464385
Accounts Section, IndoreAccounts Section, II Floor, M.G.Road, Gorakund, Indore (M.P.) 452002CNRB00019994520150010731-2451118
Palesia Point, IndorePalasia Point, 19/1A, Manoramaganj, Indore 452001CNRB00020744520150020731-2491533
SSI, Indore19 - A, Deys Tower, Ground Floor, Manormaganj, Palasia Point, IndoreCNRB00025474520150060731-2545371
Vijayanagar 54 Scheme7/8, Rajat Jayanti Complex, Scheme 54, Vijayanagar, Indore, (M.P.)CNRB00026224520150070731-2570593
Khajarana Road Savings BRShivashakthi Nagar, Baikuntham, Khajarana Rd, IndoreCNRB00026534520150080731-2565564
Radhika Palace Colony, IndoreCanara Bank, Radhika Palace Colony BR, Mahalaksminagar, Near Bombay Hospital, Main Road, Indore - 452010CNRB00031994520150119329269422
LPC IndoreCanara Bank, Manoramaganj Palasia, Indore, Madhya Pradesh, 452001CNRB000333645201509807292-235124
Specialised Mid-Corporate Branch, IndoreR N T Marg, IndoreCNRB0004878452015025[email protected]
MisroodMain Road, Near Police Station, Misrod, Bhopal-462026 ACNRB0005082462015023[email protected]
Khandwa RoadKhandwa Road, IndoreCNRB0005083452015019[email protected]
Indore Goyal NagarHouse No.365, EE Scheme No.94, Goyal Nagar, Indore 454001CNRB0005102452015015[email protected]
Indore AnnapoornaCanara Bank 7 Revenue Colony, Annapurna Main Rd Near Sukhamani, Hero Honda Showroom, Indore Annapoorna Madhya Pradesh 452007CNRB0004777452015014755 2766377
Indore Airport RoadVenkatesh Nagar Indore (M P) - 452 001CNRB00052724520150160755 2766377
Rajendra Nagar IndoreCanara Bank 52, 573 Dutta Nagar Rajendra Nagar, Indore Madhya Pradesh Pin Code 452 012CNRB00055654520150172322572
Indore Mr TenPlot No 4 EA Scheme 54 MR 10 Indore 452 010CNRB00055664520150182570075
Indore Keshar Bagh RoadG 22 Shri Labh Avenue 3 Kunjan Vihar Colony Kesarbag Road Indore Pin Code 452 0096CNRB00059844520150207049919127
Indore LIG ColonyCanara Bank E 3 Hign Main Road Lig Square A B Road Indore Indore Madhya Pradesh 452008CNRB00060014520150212573821
Indore Dewas NakaCanara Bank 807 E F Scheme No 114 Part 1 Vijay Nagar Indore Dewas Naka Madhya Pradesh 452010CNRB00060584520150232573821

Personal Loan Interest Rates February 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates February 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%