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Canara Bank Home Loan in Ahmedabad

Canara Bank Home Loan in Ahmedabad

Last Updated : March 31, 2017, 2:42 p.m.

About Canara Bank Home Loan in Ahmedabad

Canara bank is one of the most trusted and leading commercial banks in India. The bank main aim has been to provide its customer the best and world-class products and services. The bank is one of the most experienced in terms of Customer satisfaction. It provides the number of housing loan scheme which assists the customer in purchasing, constructing, extending or renovating the home. In the city of Ahmedabad, which is developing fast in every front, having a home is a difficult task. And Canara bank home loan can help people to acquire their dream home.

Canara Bank Home Loan in Ahmedabad at a glance

ParticularsDetails
Interest Rate8.85% - 11.25%
Loan amountFor 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 lakhs.
TenureUp to 30 years
Processing fee0.5% of the loan amount
Pre- payment chargesNo prepayment charges for floating rate of interest
Applied in case of takeover of the liabilities by any other banks or HFIs.

Eligibility Criteria

  • 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.
  • The borrower should not be above the age of 55 years at the time of availing the loan.
  • The borrower above 55 years can avail the loan subject to certain stipulations.

Documents Required

  • 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/evaluation 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)

To get more detailed information, visit Home Loan Ahmedabad .

Address of Canara Bank Branch in Ahmedabad

Branch NameAddressIFSC CodeMICRContact Details
Kacheri Ghat, Agra4/129, Kacheri Ghat Agra 282004CNRB00001682820150140562-2365419
Agra M.G.RoadNo.71, M.G.Road, Nehrunagar, , Agra 282002,CNRB00001682820150140562 - 2155053
J H Colony, Agra243, Jaipur House Colony, Agra - 282002CNRB00001932820150070562-2810480
Idgah, Agra41, New Idgah Colony, Agra 282001CNRB00001942820150060562-2421106

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