Canara Bank Home Loan in Bengaluru

About Canara Bank Home Loan in Bengaluru

Canara bank provides many schemes in the home loan to make the dream of people living in the city of Bengaluru comes true to own a house of their own. The bank is one of the best in customer satisfaction, as it has experience of more than 100 years. The home loan offered by the bank is one of the best as it provides the best competitive rates. Also, the tenure of the loan is more which allow the borrower to repay the amount without any hassle.

Canara Bank Home Loan in Bengaluru at a glance

ParticularsDetails
Interest Rate8.45% - 8.65%
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 Bengaluru.

Address of Canara Bank Branches in Bengaluru

Branch NameAddressIFSC CodeMICR Contact Details   
Bs&Ca Section, Ho, BangaloreCanara Bank, 112, J C Road, Head Office, Bangalore - 560001CNRB0000401560015997080-22238867
Bangalore Avenue Road102, 103, 104 - 110, Pb No 6588, Avenue Road, , Bangalore 560002CNRB0000402560015005080 - 2215925
Bangalore BasavanagudiPb No.493, 180/1, Gandhi Bazar, Basavanagudi, Bangalore 560004CNRB0000403560015032080 - 26522933
Bangalore Cantonment88, Mahatma Gandhi Road, , Cantonment, , Bangalore 560001CNRB0000404560015009080 - 25589502
Bangalore ChamrajpetNo.6, 2nd Main 2nd Cross, , Chamrajpet, , Bangalore 560018CNRB0000405560015010080 - 2527704
Bangalore Chickpet126 To 129, Balepet/Chickpet, (NEXT To Udupi Krishna Bhavan), BangaloreCNRB0000406560015011080 - 22871182
Bangalore Fraser Town86/3, Coles Road, , Frazer Town, , Bangalore 560005CNRB0000407560015017080 - 25363723
Bangalore Jayanagar Shop CompPb No.1611, Jayanagar Shopping, Complex, Eastern Side, , Bangalore 560011CNRB0000408560015030080 - 26630751
?bangalore MalleswaramPb No.307, 38 & 39, , Vth Cross Rd, Malleswaram, Bangalore 560003CNRB0000409560015072080 - 23444636
Bangalore Narasimharaja RoadPb No.6668, Jamia Complex, , Narasimharaja Road, , Bangalore 560002CNRB0000410560015041080 - 26701637
Bangalore Rajaji Ngr Iii Block628, 629, Iii Block, , Rajajinagar, , Bangalore 560010CNRB0000411560015047080 - 23350732
Bangalore MajesticWorld Trade Centre, , Fkcci Building, K G Road, , Bangalore 560009CNRB0000412560015071080 - 22268446
Bangalore Town HallP B No.6867, 112, J.C. Road, Bangalore 560002 CNRB0000413560015058080 - 22238186
Bangalore VisweswarapuramP B No.490, 550, Diagonal Rd, , Visweswarapuram, Bangalore 560004CNRB0000413560015058080 - 26619038
Bangalore Hal 2nd StageNo.22, I Floor, 80 Feet Road, , H A L Iii Stage, Bangalore 560038CNRB0000415560015019080 - 25291328

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