Canara Bank Chandigarh
Last Updated : Feb. 4, 2017, 3:52 p.m.
About Canara Bank
Canara bank is one of the leading names in the banking sector for more than a century. It has been set up in the year 1906 and has recently completed a 100 year of service and dedication in the banking sector. The bank has been established to serve the needed people and improve the economic background of the people. The bank also made an effort to develop the savings habit in the people. It has completed one era and is still vibrant and full of enthusiasm to contribute to the growth of the country.
It has spread its network in the form of the branches in the entire country. It has opened many branches in the city of Chandigarh. The bank has also opened few branches in the foreign countries and has made the global presence. The bank has been awarded many times nationally as well as internationally. The bank has introduced many new things in the banking sector like the credit card for the farmers and much more. The bank caters to the wishes of the customer and designs its products accordingly so that it is best available products for the customer. It wants to be one of the most preferred banks when t comes to the customer satisfaction. The bank wants to keep moving towards the apex and maintain the trust and value of its customer, employee, and shareholder. It wants to keep doing the sheer hard work so that they can positively enhance the shareholder's money and trust together.
Address of Canara Bank Branches in Chandigarh
| Branch Name | Address | IFSC Code | MICR | Contact Details | |||
|---|---|---|---|---|---|---|---|
| Sector 35B Chandigarh | Sco 311 - 312, Sector 35 B Chandigarh 160036 | CNRB0001625 | 160015005 | 0172-2606101 | |||
| Foreign Department, Chandigarh | Co, Ii Floor , Plot No.1 , Sector 34 - A, Chandigarh | CNRB0001800 | 160015997 | 0172-2621384 | |||
| Chandigarh Sector 17c (MAIN) | Sco 117 - 119 , Sector 17 C, Chandigarh 160022, | CNRB0000385 | 160015008 | 0172 - 2711805 | |||
| Chandigarh | Sco No.117, 118, 119, Sector 17c Chandigarh 160017 | CNRB0001995 | 160015001 | 0172-2706453 | |||
| Chandigarh Sector 44 - D | Sco 369 - 370 Sector 44 D, Chandigarh 160047 , | CNRB0002399 | 160015009 | 0172-2601656 | |||
| Manimajra | Sco 836 , Manimajra, Chandigarh 160022 | CNRB0002406 | 160015013 | 0172-2732208 | |||
| Sector 32 Branch, Chandigarh | Sco 367, Sector - 32d, Chandigarh 160047 , | CNRB0002448 | 160015002 | 0172-2611894 | |||
| ?sector 8, Chandigarh | Chandigarh Sector 8, Sco 167 - 168 Sector - 8 C, Chandigarh 160018 , | CNRB0002451 | 160015004 | 0172-2543464 | |||
| Consumer Finance Branch, Chandigarh | Plot No.1, Sector 34 A, Chandigarh 160017, | CNRB0002452 | 160015003 | 0172-2621989 | |||
| Sector37, Chandigarh | Sco No.389, Sector 37 D, Chandigarh 160036, | CNRB0002478 | 160015007 | 0172-2696011 | |||
| Sector19, Chandigarh | Scf No.29, Sector - 19 D, Chandigarh 160019 , | CNRB0002479 | 160015006 | 0172-2545529 | |||
| Sector 40 - C Savings, Chandigarh | Sco 81, Sector 40 - C, Chandigarh, Pin 160036, | CNRB0002586 | 160015015 | 0172-2691316 | |||
| Sector 47 - C Savings, Chandigarh | Sco - 63, Sector 47 - C, Chandigarh 160047 , | CNRB0002669 | 160015016 | 0172-2633508 | |||
| Panjab Uni Campus, Chandigarh, | Shop No.11, Shopping Complex, , Punjab University Campus, , Sector 14, Chandigarh 160014 | CNRB0002845 | 160015020 | 0172-2784616 | |||
| Circle Office, Chandigarh | Plot No.1, Sector 34 A, , Chandigarh - 160022 | CNRB0CO7900 | 160015995 | 0172-2604258 |
Products Offered by the Canara Bank in Chandigarh
Canara bank has been one of the known names in the banking sector since long. It has experience of over 100 years in the customer satisfaction. Its products are designed keeping in mind the different needs of the people from different background. The financial products include every type of loan like the home loan, car loan, gold loan, personal loan, loan against property etc. They also provide the fixed deposit so that you can get the high-interest rate on your money.
Basic details about Canara Bank products
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | The 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 | 8.85% - 11.25% | 0.50% of the loan amount | Up to 30 years or until attaining age of 70 years |
| Personal Loan | Permanent 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 lower | 11.75% - 16.25% | 0.5% of the loan amount | Up to 5 years |
| Vehicle Loan | 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 month | New Car - No maximum limit Used Car - 75% of the agreed value | 7.30% Onwards | 0.25% of the loan amount | For new vehicles - 7 years For used vehicles - 5 years |
| Loan Against Property | Existing customers having satisfactory dealing with the bank New customers with healthy credit history | Up to 50% of the property value or maximum ₹ 10 crores | 9.95 - 14.90% p.a. | 1% of the loan amount | Up to 7 years |
| Gold Loan | Existing Saving Bank customers or new customers properly introduced | Minimum - ₹ 10,00,000 Maximum - ₹ 10,00,000 | 11.75% p.a. | 1% of the loan amount | Within 12 months |
| Fixed Deposit | Individual 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 | 2.90% - 5.75% | - | 15 days - 10 years 7 days - 14 days only on single deposit of ₹ 5 lakhs & above |
Documents Required
The documents required by Canara Bank Chandigarh for different products are mentioned in the table below:
| Products | Documents Required |
|---|---|
| Product | Loan 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 Loan | Loan 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 Loan | 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 |
| Vehicle Loan | Duly 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 Property | Application for Swarna Loan Certificate by the Jewel Appraiser Salary Certificate and Form No.16 / Income Proof |
| Gold Loans | Application 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 Deposit | Application 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. |