Car Loan Rates EMI 2024
Canara Bank Car Loan Mumbai
Last Updated : March 28, 2017, 6:05 p.m.
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
| Particulars | Details |
|---|---|
| Interest Rate | 7.30% Onwards |
| Loan amount | For 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. |
| Tenure | For new vehicles - 7 years For used vehicle(not older than 5 years)- 5 years |
| Processing fee | 0.25% on the loan amount with a minimum of ₹1000/- and maximum of ₹5000/- |
| Pre- payment charges | NIL |
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 Name | Complete Address | IFSC | MICR | Customer Care |
|---|---|---|---|---|
| Prabhadevi Overseas Branch, Mumbai | Akruti Trader Centre, Office Unit No.3, Ground Floor, Road No.7, Marol, MIDC Andheri(E), Mumbai | CNRB0002678 | 400015125 | 022 - 2283 0858 |
| Malad East, Mumbai | Raj Chambers, I & II Floor, , Daftary & Manchhubhai Rd, Malad (E), Mumbai - 400097 | CNRB0002695 | 400015127 | 022-2844 0653 |
| IIT Powai, Mumbai | IIT Powai Branch, Bank & Cafeteria Building, Opp.Kresit, IIT Powai | CNRB0002724 | 400015129 | 022-2572 0438 |
| LBS Marg, Mumbai | LBS Marg Karthika High School Compound Kurla West Mumbai | CNRB0002733 | 400015130 | 022-2504 2052 |
| Andheri East, Mumbai | Akruti Trade Centre, Office Unit No.3, Gr.71, Road No.7, Mar 01, MIDC, Andheri (East), Mumbai | CNRB0002840 | 400015132 | 022-2825 0132 |
| Mahavirnagar, Mumbai | Panchsheel Arcade, 90ft Road, Mahavir Marg, Kandivili West, Mumbai - 400067 | CNRB0002899 | 400015136 | 022-28689697 |
| CBD Belapur | 20, 21&22 Ground Floor, Sai Sagar, Plot#69 Sector 15, Palm Beach Road CBD Belapur Navi Mumbai - 460014 | CNRB0003044 | 400015138 | 022-2757023 |
| Dharavi, Mumbai | B Wing, Subhas Chandra Bose, Chs Sion Bandra Link Road, Dharavi, Mumbai - 400017 | CNRB0003045 | 400015137 | 9820318641 |
| Circle Office, Mumbai | 13th Floor, E Wing, Maker Tower, Cuffe Parade, Mumbai - 400005 | CNRB0CO7775 | 400015099 | 022-2185266 |
| Borivali East, Mumbai | 1st Floor, Thawar Apartment, Opp - Heena Building, Main Carter Road, Borivali East, Mumbai - 400066 | CNRB0003166 | 400015141 | 022-28644999 |
| Vidya Prasaak Mandal High School, Mumbai | Canara Bank, Mulund VPM School Branch, Mithager Road, Mulund East, Mumbai - 400 081 (MH) | CNRB0008611 | 400015073 | 022-2563 8213 |
| Micro Finance Branch, Mumbai | Canara Bank, B Wing, I Floor, Subash Chandra Bose Co - Op Housing Socieity, Sion Bradra Link Road, Bharavi, Mumbai - 400 017 | CNRB0003275 | 400015144 | 022-24042025 |
| Neo Branch, Mumbai | Opp: Mind Space, Malad West, Mumbai - 400064 (Maharashtra) | CNRB0003046 | 400015180 | 022-28711974 |
| Vashi Navi Mumbai | 195 B The Emerald Next To Neel Sidi Towers Sector 12 Vashi Navi Mumbai | CNRB0003302 | 400015145 | 022-27882308 |
| Godrej Soaps Pvt.Ltd, Mumbai | Canara Bank, Godrej Industries Compound Near Gate No 2, Firojshah Nagar Eastern Express Highway, Vikhroli - E Mumbai Maharashtra 400 079 | CNRB0008600 | 400015143 | 022-25194819 |
| Bhayandar East Br | Canara Bank, Shree Ganpat Tower, New Golden Nest, Bhayander East, Dist: Thane - 401105 (MH) | CNRB0003305 | 400015146 | 022-28190629 |
| National Stock Exchange - Extn Counter | National Stock Exchange - Extn Counter | CNRB0008564 | 400015156 | 022-26598100 |
| Central Processing Centre - Vostro , Mumbai | Canara Bank, No 11, Varma Chambers, I Floor, Homji Street, Fort Mumbai - 400001 | CNRB0003004 | 400015151 | 022-22642133 |
| Vasai West, Mumbai | Canara Bank, C/O Sebastian Gregory Almedia Manikpur, Gods Gift Bunglow Mary Villa Stop Vasai Road West Mumbai-401202 | CNRB0003912 | 400015155 | 9867190390 |
| Kopar Khairane, Navi Mumbai | Canara Bank, Shop No 5, 6, 7 Chhadva Avenue Plot No61, Sector 2a Kopar Khairne Navi Mumbai 400709 | CNRB0003913 | 400015154 | 022-27550342 |
| Shah And Anchor Kutchi Engg.Cllg. E C | Canara Bank , Deonar, Mumbai 400088 Maharashtra | CNRB0008678 | 400015157 | 080-25480863 |
| Cpc Mumbai | 41/A First Floor, Shelar Bldg, Gokhale Roadnaupada Thane-West Thane-400604 Mumbai | CNRB0003109 | 400015140 | 022 25970865 |
| Ghansoli | Shop No. 8 & 9, Trishul Gold Coast, Plot No. 13, 14 & 15, Sector 9, Ghansoli, Navi Mumbai 400709 | CNRB0004223 | 400015117 | 8452863369 |
| Airport Extn Counter Vile Parle East | Airport Extn Counter, Terminal 1B, Csi Airport, Vile Parle East, Mumbai 400099 | CNRB0008522 | 400015158 | 022 26156632 |