Canara Bank Chennai - IFSC Code, Rates Dec 2023, Main Branch

Canara Bank Chennai

About  Canara Bank

Canara bank was established in the year 1906 in the small town of Karnataka named Mangalore. The bank was established during the pre- independence era. It was established by the philanthropist and the thinker to encourage the habit of savings among the masses. It wanted to make the difference by serving the needy and create the atmosphere where there is inclusive growth of all.  It has been more than hundred years and the bank is still growing in leaps and bounds. The success story of the bank has been phenomenal and has adopted all the change to sustain for so long in the banking sector. It is still following the old ideologies with the help of modern technology and is one of the premier players among all the other banks.

The network of the Canara bank has been spread in the entire nation and now it has set up branches outside India as well. The bank is present in every corner of the country down to the south as well. It has many branches in the capital city of Tamil Nadu, Chennai. The bank has availed all the financial requirements to the people of the city and met the requirements of the people. It still strives hard to continue its endeavor to be one of the pioneers in its own field and remain the most preferred bank of the country following the same route of customer satisfaction.

Address of Canara Bank Branches in Chennai

Branch NameAddressIFSC CodeMICR Contact Details   
Chennai TeynampetNo.563/1, Anna Salai(G Floor), , Teynampet, Chennai - 600018,CNRB0000416600015038044 - 24312001
Foreign Department, ChennaiSpencer Towers - I, Gr.Floor, , P.B.No.3715, 770 - A, Anna Salai , , Chennai 600002CNRB0000905600015013044-28497058
Chennai A N StreetP.B.No.2019, 131, A N Street, George Town, Chennai 600079 ,CNRB0000906600015007044 - 25299205
Chennai Kellys CornerP.B.No.3007, , 207 Purasawalkam High Road, Chennai 600007CNRB0000907600015020044 - 26426004
Chennai General Patters RoadPb 307, 110, General Patters Road, Chennai 600002CNRB0000908600015014044 - 28531146
Chennai Guindy75, Mount Road, Guindy, , Chennai 600032 ,CNRB0000909600015016044 - 22349262
Chennai Pallavaram25, I Floor, Old Trunk Road, Pallavaram, , Chennai 600043CNRB0000910600015029044 - 22401908
Chennai Mount Road787, Karim Mansion, Mount Road, Chennai 600002?CNRB0000911600015024044 - 28520073
Perambur, Chennai68, Madhavaram High Road, Perambur, Chennai 600011CNRB0000912600015031044 - 2551 4981
Kotturpuram, Chennai4/1, Gandhi Mandapam Main Road, Kotturpuram, , Chennai - 600085CNRB0001550600015021044-24472232
Padmanabhanagar Adyar , Chennai123, Lb Road, Adyar, Chennai 600020CNRB0001609600015049044-2440571
Annanagar (W) Extension
Plot No.583, School Road, , Anna Nagar West Extension, , Chennai 600101CNRB0001834600015061044 - 26151483
Nri Branch , ChennaiSpencer Towers - Ii, I Floor, 770 - A, Anna Salai Madras 600002CNRB0001987600015063044-28497029
Velachery, Chennai2, 100 Ft Road, Tansi Nagar, ChennaiCNRB0002504600015067044-24865232

Products Offered by the Canara Bank in Chennai

The products offered by the Canara bank has the wide range of varieties so as to fulfill the needs of the people. The bank has been in service to people for more than 100 years and continues to be in the race to be the best among others. They provide the vast amount of financial products like the home loan, personal loan, loan against property, vehicle loan etc. It also increases the money of its customer by availing the fixed deposit. They are the pioneer in providing the world class services since long.

Basic details about Canara Bank products

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanThe 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 amountUp to 30 years or until attaining age of 70 years
Personal LoanPermanent 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 lower11.75% - 16.25%0.5% of the loan amountUp to 5 years
Vehicle LoanEligible 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% Onwards0.25% of the loan amountFor new vehicles - 7 years

For used vehicles - 5 years
Loan Against PropertyExisting customers having satisfactory dealing with the bank

New customers with healthy credit history
Up to 50% of the property value or maximum ₹ 10 crores9.95 - 14.90% p.a.1% of the loan amountUp to 7 years
Gold LoanExisting Saving Bank customers or new customers properly introducedMinimum - ₹ 10,00,000

Maximum - ₹ 10,00,000
11.75% p.a.1% of the loan amountWithin 12 months
Fixed DepositIndividual
Joint (max. 4 people)
A guardian on behalf of a minor
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 Chennai for different products are mentioned in the table below:

ProductsDocuments Required
ProductLoan 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 LoanLoan Application with 2 copies of passport size photographs
Latest Salary Certificate and Form No.16 / ITR/ITAO for last 3 years.
Pronote /Pro-note Covering Letter
Personal LoanProof 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 LoanDuly 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 PropertyApplication for Swarna Loan
Certificate by the Jewel Appraiser
Salary Certificate and Form No.16 / Income Proof
Gold LoansApplication 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 DepositApplication 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.


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