Canara Bank Car Loan Mumbai

About Canara Bank Car Loan in Mumbai

Canara bank was set up in the year 1906, and since then it is striving hard to provide the best products and services to its customer. The car loan is one of the loan products that provides you the financial solution to buy the car. Every time it is not possible to save the total amount to fulfill all the requirements. The car is not only dream but a requirement in today’s time as well. In the city of Mumbai, having a personal vehicle is important if you want to reach somewhere in time. For all those living in the city, it is difficult to save the total amount as the cost of living is more and hence the expenses are more. The car loan is the solution that helps the customers financially to fulfill the dream to enjoy the long drive in their own car.

Canara Bank Car Loan in Mumbai 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

For more information, Click Car Loan Mumbai.

Address of Canara Bank Branches in Mumbai

Branch NameComplete AddressIFSCMICRCustomer Care
Prabhadevi Overseas Branch, MumbaiAkruti Trader Centre, Office Unit No.3, Ground Floor, Road No.7, Marol, MIDC Andheri(E), MumbaiCNRB0002678400015125022 - 2283 0858
Malad East, MumbaiRaj Chambers, I & II Floor, , Daftary & Manchhubhai Rd, Malad (E), Mumbai - 400097CNRB0002695400015127022-2844 0653
IIT Powai, MumbaiIIT Powai Branch,Bank & Cafeteria Building, Opp.Kresit, IIT PowaiCNRB0002724400015129022-2572 0438
LBS Marg, MumbaiLBS Marg Karthika High School Compound Kurla West MumbaiCNRB0002733400015130022-2504 2052
Andheri East, MumbaiAkruti Trade Centre, Office Unit No.3, Gr.71, Road No.7, Mar 01, MIDC, Andheri (East), MumbaiCNRB0002840400015132022-2825 0132
Mahavirnagar, MumbaiPanchsheel Arcade, 90ft Road, Mahavir Marg, Kandivili West, Mumbai - 400067CNRB0002899400015136022-28689697
CBD Belapur20, 21&22 Ground Floor, Sai Sagar, Plot#69 Sector 15, Palm Beach Road CBD Belapur Navi Mumbai - 460014CNRB0003044400015138022-2757023
Dharavi, MumbaiB Wing, Subhas Chandra Bose, Chs Sion Bandra Link Road, Dharavi, Mumbai - 400017CNRB00030454000151379820318641
Circle Office, Mumbai13th Floor, E Wing, Maker Tower, Cuffe Parade, Mumbai - 400005CNRB0CO7775400015099022-2185266
Borivali East, Mumbai1st Floor, Thawar Apartment, Opp - Heena Building, Main Carter Road, Borivali East, Mumbai - 400066CNRB0003166400015141022-28644999
Vidya Prasaak Mandal High School, MumbaiCanara Bank, Mulund VPM School Branch, Mithager Road, Mulund East, Mumbai - 400 081 (MH)CNRB0008611400015073022-2563 8213
Micro Finance Branch, MumbaiCanara Bank, B Wing, I Floor, Subash Chandra Bose Co - Op Housing Socieity, Sion Bradra Link Road, Bharavi, Mumbai - 400 017CNRB0003275400015144022-24042025
Neo Branch, MumbaiOpp: Mind Space, Malad West, Mumbai - 400064 (Maharashtra)CNRB0003046400015180022-28711974
Vashi Navi Mumbai195 B The Emerald Next To Neel Sidi Towers Sector 12 Vashi Navi MumbaiCNRB0003302400015145022-27882308
Godrej Soaps Pvt.Ltd, MumbaiCanara Bank, Godrej Industries Compound Near Gate No 2, Firojshah Nagar Eastern Express Highway, Vikhroli - E Mumbai Maharashtra 400 079CNRB0008600400015143022-25194819
Bhayandar East BrCanara Bank, Shree Ganpat Tower, New Golden Nest, Bhayander East, Dist: Thane - 401105 (MH)CNRB0003305400015146022-28190629
National Stock Exchange - Extn CounterNational Stock Exchange - Extn CounterCNRB0008564400015156022-26598100
Central Processing Centre - Vostro , MumbaiCanara Bank, No 11, Varma Chambers, I Floor, Homji Street, Fort Mumbai - 400001CNRB0003004400015151022-22642133
Vasai West, MumbaiCanara Bank, C/O Sebastian Gregory Almedia Manikpur, Gods Gift Bunglow Mary Villa Stop Vasai Road West Mumbai-401202CNRB00039124000151559867190390
Kopar Khairane, Navi MumbaiCanara Bank, Shop No 5, 6, 7 Chhadva Avenue Plot No61, Sector 2a Kopar Khairne Navi Mumbai 400709CNRB0003913400015154022-27550342
Shah And Anchor Kutchi Engg.Cllg. E CCanara Bank , Deonar, Mumbai 400088 MaharashtraCNRB0008678400015157080-25480863
Cpc Mumbai41/A First Floor, Shelar Bldg, Gokhale Roadnaupada Thane-West Thane-400604 MumbaiCNRB0003109400015140022 25970865
GhansoliShop No. 8 & 9, Trishul Gold Coast, Plot No. 13, 14 & 15, Sector 9, Ghansoli, Navi Mumbai 400709CNRB00042234000151178452863369
Airport Extn Counter Vile Parle EastAirport Extn Counter, Terminal 1B, Csi Airport, Vile Parle East, Mumbai 400099CNRB0008522400015158022 26156632

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