Canara Bank Home Loan Indore - IFSC, Rates March 2024, EMI, Eligibility

Canara Bank Home Loan in Indore

About Canara Bank Home Loan in Indore

Canara bank has been established since the year 1906. It is one of the oldest and most trusted banks in India. The bank has the aim to provide the international standard of products and services. It is one of the banks which has pioneered in the customer satisfaction. The home loan is the loan product that has been given to the customers since its establishment to make the dream to own a house turn into reality.

Canara Bank Home Loan in Indore at a glance

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 Indore.

Address of Canara Bank Branches in Indore

Branch NameComplete AddressIFSCMICRCustomer Care
Indore M G Road (Main)PB No. 4, Narayana Bhavan, Gorakund M.G.Road, , Indore 452002CNRB00003254520150050731-2450132
Siyaganj, Indore11, RNT Marg, Indore 452001CNRB0000359452015004731 - 2528735
Indore Naulakha319, Bhanwar Kumar Rd, Microwave Towersquare, , Indore 452001CNRB0001476452015003731 - 2464385
Accounts Section, IndoreAccounts Section, II Floor, M.G.Road, Gorakund, Indore (M.P.) 452002CNRB00019994520150010731-2451118
Palesia Point, IndorePalasia Point, 19/1A, Manoramaganj, Indore 452001CNRB00020744520150020731-2491533
SSI, Indore19 - A, Deys Tower, Ground Floor, Manormaganj, Palasia Point, IndoreCNRB00025474520150060731-2545371
Vijayanagar 54 Scheme7/8, Rajat Jayanti Complex, Scheme 54, Vijayanagar, Indore, (M.P.)CNRB00026224520150070731-2570593
Khajarana Road Savings BRShivashakthi Nagar, Baikuntham, Khajarana Rd, IndoreCNRB00026534520150080731-2565564
Radhika Palace Colony, IndoreCanara Bank, Radhika Palace Colony BR, Mahalaksminagar, Near Bombay Hospital, Main Road, Indore - 452010CNRB00031994520150119329269422
LPC IndoreCanara Bank, Manoramaganj Palasia, Indore, Madhya Pradesh, 452001CNRB000333645201509807292-235124
Specialised Mid-Corporate Branch, IndoreR N T Marg, IndoreCNRB0004878452015025[email protected]
MisroodMain Road, Near Police Station, Misrod, Bhopal-462026 ACNRB0005082462015023[email protected]
Khandwa RoadKhandwa Road, IndoreCNRB0005083452015019[email protected]
Indore Goyal NagarHouse No.365, EE Scheme No.94, Goyal Nagar, Indore 454001CNRB0005102452015015[email protected]
Indore AnnapoornaCanara Bank 7 Revenue Colony, Annapurna Main Rd Near Sukhamani, Hero Honda Showroom, Indore Annapoorna Madhya Pradesh 452007CNRB0004777452015014755 2766377
Indore Airport RoadVenkatesh Nagar Indore (M P) - 452 001CNRB00052724520150160755 2766377
Rajendra Nagar IndoreCanara Bank 52, 573 Dutta Nagar Rajendra Nagar, Indore Madhya Pradesh Pin Code 452 012CNRB00055654520150172322572
Indore Mr TenPlot No 4 EA Scheme 54 MR 10 Indore 452 010CNRB00055664520150182570075
Indore Keshar Bagh RoadG 22 Shri Labh Avenue 3 Kunjan Vihar Colony Kesarbag Road Indore Pin Code 452 0096CNRB00059844520150207049919127
Indore LIG ColonyCanara Bank E 3 Hign Main Road Lig Square A B Road Indore Indore Madhya Pradesh 452008CNRB00060014520150212573821
Indore Dewas NakaCanara Bank 807 E F Scheme No 114 Part 1 Vijay Nagar Indore Dewas Naka Madhya Pradesh 452010CNRB00060584520150232573821

  • Home Loan Interest Rates March 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%