Canara Bank Home Loan Kochi - Rates February 2024, IFSC, Eligibility, EMI

Canara Bank Home Loan in Kochi

About Canara Bank Home Loan in Kochi

Canara bank has been set up pre- independence in the year 1906. The aim of the bank is to offer its customer the best products and services. It provides one of the best home loan products which has the competitive rates. The other important thing is that it has spread its network in every part of India. There are many branches in the city of Kochi. It is one of the best options to avail the home loan and gratify the search for the dream home.

Canara Bank Home Loan in Kochi 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 Kochi.

Address of Canara Bank Branches in Kochi

Branch NameComplete AddressIFSC CodeMICR CodeCustomer Care
Cochin FortPost Bag No.41, 1/1907, Amaravathy Road Kunnumpuram Jn.Cochin 682001CNRB00007066820151020484-2215467
Mattancherry, CochinCochin Mattancherry, Post Box No. 125, Bazar Road, Mattancherry, Cochin 682002CNRB00007076820151010484-2226321
Foreign Department, Cochin39/3469, I Floor, M.G.Road, Ernakulam, Cochin- 682016CNRB00007276820150090484-2360043
Thoppumpady, CochinPost Bag No.803, Swarajya Building, Thoppumpady, Cochin 682005CNRB00007316820151030484-2220916
Broadway Main, CochinErnakulam Broadway Main, Shenoy Chamber No 40/2363, L & 40/2363 Mshanmugam Road, Ernakulam, Cochin.682031 CNRB00008036820150040484-2352338
Ernakulam Banerji RoadPB 1918, I Floor, Carmel Centre, Banerjee Road, North Ernakulam, Cochin 682018CNRB00008056820150030484- 2395645
Ernakulam SouthPB No.1717, Xxxv/823/826, , Jain Bldgs, Nettipadam Road, Ernakulam South, Cochin 682016CNRB00008066820150130484-2391761
Panampillay Nagar, ErnakulamI Floor, Anjparrambli Complex, 34/368 B, Panampillay Nagar, Near South Over Bridge Ernakulam 682016 CNRB00013726820150060484-2316474
Agri Finance Branch, CochinGeetha Commercial Complex, Nagampadam, M C Road, Kottayam 686001CNRB00023886860150030484-2471495
Arm Branch, ErnakulamI Floor, 39/3469, Near Deepa Theatre, M G Road, Ernakulam Dist, Kerala - 682016CNRB00028756820150240484-2356072
Willingdon Island, CochinOld DLB Building, Indira Gandhi Road, Cochin, Ernakulam, Kerala - 682003CNRB00029376820150200484-2667365
SME, ErnakulamCanara Bank, SME Branch, 2nd Floor, Shenoy Chambers, Ernakulam - 682031 (Kerala) CNRB00035396820150299633706785
Edappally, KochiCanara Bank, 50/390 C - 1, Madhushila Chambers Palace Road Junction, N H , Edappally , Ernakulam - 682024, KochiCNRB00035666820150310484-2534775
Vyttila, ErnakulamCanara Bank, First Floor, Rosy Bazaar, SA Road, Vyttila, Ernakulam - 682019, KeralaCNRB00035676820150300484-2302443
Regional Office, ErnakulamPukalakkat Lakshmibai Tower T D Road North End Ernakulam Cochin 682035CNRB0007963-2352213

  • Home Loan Interest Rates February 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%