Canara Bank Home Loan in Chandigarh

About Canara Bank Home Loan in Chandigarh

Canara Bank is the leading commercial bank in India. It provides one of the best quality products and services to the people of India. The products that are one of the best due to its competitive rates. The home loan products provided by the Canara bank is one of the best with all the other features attached to it. To have a house in the city of  Chandigarh is not an easy task where the finances are concerned. Thus, the Canara bank home loan is one of the way to support the dream to have a home in the city.

Canara Bank Home Loan in Chandigarh at a glance

ParticularsDetails
Interest Rate8.65% - 8.85%
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 Chandigarh.

Address of Canara Bank Branches in Chandigarh

Branch NameAddressIFSC CodeMICR Contact Details   
Sector 35B ChandigarhSco 311 - 312, Sector 35 B Chandigarh 160036CNRB00016251600150050172-2606101
Foreign Department, ChandigarhCo, Ii Floor , Plot No.1 , Sector 34 - A, ChandigarhCNRB00018001600159970172-2621384
Chandigarh Sector 17c (MAIN)Sco 117 - 119 , Sector 17 C, Chandigarh 160022,CNRB00003851600150080172 - 2711805
ChandigarhSco No.117, 118, 119, Sector 17c Chandigarh 160017CNRB00019951600150010172-2706453
Chandigarh Sector 44 - DSco 369 - 370 Sector 44 D, Chandigarh 160047 ,CNRB00023991600150090172-2601656
ManimajraSco 836 , Manimajra, Chandigarh 160022CNRB00024061600150130172-2732208
Sector 32 Branch, ChandigarhSco 367, Sector - 32d, Chandigarh 160047 ,CNRB00024481600150020172-2611894
?sector 8, ChandigarhChandigarh Sector 8, Sco 167 - 168 Sector - 8 C, Chandigarh 160018 ,CNRB00024511600150040172-2543464
Consumer Finance Branch, ChandigarhPlot No.1, Sector 34 A, Chandigarh 160017,CNRB00024521600150030172-2621989
Sector37, ChandigarhSco No.389, Sector 37 D, Chandigarh 160036,CNRB00024781600150070172-2696011
Sector19, ChandigarhScf No.29, Sector - 19 D, Chandigarh 160019 ,CNRB00024791600150060172-2545529
Sector 40 - C Savings, ChandigarhSco 81, Sector 40 - C, Chandigarh, Pin 160036,CNRB00025861600150150172-2691316
Sector 47 - C Savings, ChandigarhSco - 63, Sector 47 - C, Chandigarh 160047 ,CNRB00026691600150160172-2633508
Panjab Uni Campus, Chandigarh,Shop No.11, Shopping Complex, , Punjab University Campus, , Sector 14, Chandigarh 160014CNRB00028451600150200172-2784616
Circle Office, ChandigarhPlot No.1, Sector 34 A, , Chandigarh - 160022CNRB0CO79001600159950172-2604258

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