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About Canara Bank
Address of Canara Bank Branches in Indore
Products Offered by the Bank
Documents Required
Canara Bank Indore
Last Updated : Jan. 30, 2017, 11:36 a.m.
About Canara Bank
Founded in the year 1906 with an aim to offer best in class financial services to the citizen of the nation, Canara Bank is one of the oldest banks in the country. It was nationalized by the Government of India in the year 1969 and since then has been holding a leading position in the banking sector. It provides customized banking solution to serve the diversified need of its customers. Be it a requirement of owning a car, accelerating the business, plan a foreign tour or shift to dream home, the bank fulfills all the requirement by lending vehicle loan, personal loan, loan against property, gold loan and home loan at a reasonable rate of interest. Not just that it even helps the people build funds for the future use and develop the potential to meet unforeseen events by providing various investment plans. The bank offers attractive returns on the savings accounts and pays high interest on the fixed deposits remaining with the bank for a stipulated period of time. The bank incorporates fair policies which is why it has earned the trust of its customers since establishment. The details of the product offered by the bank are given below:
Address of Canara Bank Branches in Indore
The complete address, IFSC Code, MICR Code and customer care details of Canara Bank branches located in Indore are mentioned in the table below:
| Branch Name | Complete Address | IFSC | MICR | Customer Care |
|---|---|---|---|---|
| Indore M G Road (Main) | PB No. 4, Narayana Bhavan, Gorakund M.G.Road, , Indore 452002 | CNRB0000325 | 452015005 | 0731-2450132 |
| Siyaganj, Indore | 11, RNT Marg, Indore 452001 | CNRB0000359 | 452015004 | 731 - 2528735 |
| Indore Naulakha | 319, Bhanwar Kumar Rd, Microwave Towersquare, , Indore 452001 | CNRB0001476 | 452015003 | 731 - 2464385 |
| Accounts Section, Indore | Accounts Section, II Floor, M.G.Road, Gorakund, Indore (M.P.) 452002 | CNRB0001999 | 452015001 | 0731-2451118 |
| Palesia Point, Indore | Palasia Point, 19/1A, Manoramaganj, Indore 452001 | CNRB0002074 | 452015002 | 0731-2491533 |
| SSI, Indore | 19 - A, Deys Tower, Ground Floor, Manormaganj, Palasia Point, Indore | CNRB0002547 | 452015006 | 0731-2545371 |
| Vijayanagar 54 Scheme | 7/8, Rajat Jayanti Complex, Scheme 54, Vijayanagar, Indore, (M.P.) | CNRB0002622 | 452015007 | 0731-2570593 |
| Khajarana Road Savings BR | Shivashakthi Nagar, Baikuntham, Khajarana Rd, Indore | CNRB0002653 | 452015008 | 0731-2565564 |
| Radhika Palace Colony, Indore | Canara Bank, Radhika Palace Colony BR, Mahalaksminagar, Near Bombay Hospital, Main Road, Indore - 452010 | CNRB0003199 | 452015011 | 9329269422 |
| LPC Indore | Canara Bank, Manoramaganj Palasia, Indore, Madhya Pradesh, 452001 | CNRB0003336 | 452015098 | 07292-235124 |
| Specialised Mid-Corporate Branch, Indore | R N T Marg, Indore | CNRB0004878 | 452015025 | [email protected] |
| Misrood | Main Road, Near Police Station, Misrod, Bhopal-462026 A | CNRB0005082 | 462015023 | [email protected] |
| Khandwa Road | Khandwa Road, Indore | CNRB0005083 | 452015019 | [email protected] |
| Indore Goyal Nagar | House No.365, EE Scheme No.94, Goyal Nagar, Indore 454001 | CNRB0005102 | 452015015 | [email protected] |
| Indore Annapoorna | Canara Bank 7 Revenue Colony, Annapurna Main Rd Near Sukhamani, Hero Honda Showroom, Indore Annapoorna Madhya Pradesh 452007 | CNRB0004777 | 452015014 | 755 2766377 |
| Indore Airport Road | Venkatesh Nagar Indore (M P) - 452 001 | CNRB0005272 | 452015016 | 0755 2766377 |
| Rajendra Nagar Indore | Canara Bank 52, 573 Dutta Nagar Rajendra Nagar, Indore Madhya Pradesh Pin Code 452 012 | CNRB0005565 | 452015017 | 2322572 |
| Indore Mr Ten | Plot No 4 EA Scheme 54 MR 10 Indore 452 010 | CNRB0005566 | 452015018 | 2570075 |
| Indore Keshar Bagh Road | G 22 Shri Labh Avenue 3 Kunjan Vihar Colony Kesarbag Road Indore Pin Code 452 0096 | CNRB0005984 | 452015020 | 7049919127 |
| Indore LIG Colony | Canara Bank E 3 Hign Main Road Lig Square A B Road Indore Indore Madhya Pradesh 452008 | CNRB0006001 | 452015021 | 2573821 |
| Indore Dewas Naka | Canara Bank 807 E F Scheme No 114 Part 1 Vijay Nagar Indore Dewas Naka Madhya Pradesh 452010 | CNRB0006058 | 452015023 | 2573821 |
Products Offered by the Bank
The details of loan and investment products offered by the Canara bank are mentioned in the table below:
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | 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 | For 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 lacs | 8.85% - 11.25% | 0.50% of the loan amount | Up to 30 years or until attaining age of 70 years |
| Personal Loan | Permanent employees of reputed PSUs and Joint Stock Companies Confirmed Central / State Government officials Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and Universities The salary account of the employee should be maintained with the branch The minimum net salary should not be less than 25% or Rs.10,000/- per month whichever is higher | Salaried - 6 month’s gross salary or ₹ 3,00,000 whichever is lower | 11.75% - 16.25% | 0.5% of the loan amount | Up to 5 years |
| Vehicle Loan | Eligible Segments - Individuals, professionals, reputed firms and companies Minimum annual gross salary of the individuals should ₹ 3 lacs The non-individuals candidates should have minimum gross income of ₹ 3 lacs per month | New Car - No maximum limit Used Car - 75% of the agreed value | 7.30% Onwards | 0.25% of the loan amount | For new vehicles - 7 years For used vehicles - 5 years |
| Loan Against Property | Existing customers having satisfactory dealing with the bank New customers with healthy credit history | Up to 50% of the property value or maximum ₹ 10 crores | 9.95 - 14.90% p.a. | 1% of the loan amount | Up to 7 years |
| Gold Loan | Existing Saving Bank customers or new customers properly introduced | Minimum - ₹ 10,00,000 Maximum - ₹ 10,00,000 | 11.75% p.a. | 1% of the loan amount | Within 12 months |
| Fixed Deposit | Individual Joint (max. 4 people) A guardian on behalf of a minor HUF Partnership Firm A company Association or any other Institution | Minimum - ₹ 1,000 Maximum - No predetermined limit | 2.90% - 5.75% | - | 15 days - 10 years 7 days - 14 days only on single deposit of ₹ 5 lakhs & above |
Documents Required
| Product | Documents |
|---|---|
| Home Loan | 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/valuation 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) |
| Personal Loan | Loan Application with 2 copies of passport size photographs Latest Salary Certificate and Form No.16 / ITR/ITAO for last 3 years. Co-obligation Pronote /Pro-note Covering Letter |
| Vehicle Loan | Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible) Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy. Proof of Income: Latest salary slip with form 16 Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹ 4,50,000 per annum/ Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company/ Latest ITR Bank Statement: Last 6 months |
| Loan Against Property | Duly filled Loan Application with passport size photographs - 2 copies each Copy of lease deed Income proof of the applicant and guarantor Income Tax Assessment Order / IT Returns Title deeds of the property / EC, latest tax paid receipt / Legal Scrutiny Report Approved plan of building Certificate of balance if finance is availed against property from any other source Annual Financial Statements for the past 2 years (in case of persons other than salaried individuals) |
| Gold Loans | Application for Swarna Loan Certificate by the Jewel Appraiser Salary Certificate and Form No.16 / Income Proof |
| Fixed Deposit | Application form Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card) 2 Photographs of Depositor/s Identity Proof and Address Proof Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc. |