Canara Bank Jammu

Banks 140 views

About Canara Bank

Canara bank was established in the year 1906. It is a public sector bank that was nationalized in the year 1969 by the Indian government. Since then it has pioneered the Indian banking and financial service industry by providing tailor-made financial solutions to solve the diverse requirements of the people. The bank aims at resolving all the problems related to finance and thereby, provides diversified financial products that can best solve the financial grievance of the people.

Be it your sister’s wedding, your child’s education, dream of owning a house & other luxury products or any other necessary requirement, there are lot many banking products that can serve your purpose. These products are broadly categorised under the loan and investment sections. The loan products offered by the bank are personal loan, gold loan, loan against property/mortgage loan, home loan and vehicle loans. Each loan type includes multiple schemes from which the customer can choose as his/her requirement. The bank even provides financial assistance to the people who want to save for the future by giving good returns on the deposit accounts. The bank has proposed a variety of fixed deposit schemes, each having its unique feature keeping in mind the individual’s requirement. The information of the products offered by the bank is given below.

Address of Canara Bank Branches in Jaipur

The complete address, IFSC Code, MICR Code and customer care details of Canara Bank branches located in Jaipur are mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeCustomer Care
Shalimar Road (Main), JammuKaran Bhavan, Shalimar Road, Jammu 180001CNRB00001001800150010191-2576622
Trikutanagar, JammuNear Power Station, J D A Market, Sector - 3, Trikutanagar, JammuCNRB00020681800150020191-2473382
Savings Branch, Jammu# 32, A Extension, Gandhinagar, Jammu, J & KCNRB00025941800150030191-2432079
Jammu Channi Himmat250 A, Sector - 2, Channi Himmat, JammuCNRB00029751800150040191-2460681
Bari Brahmana, JammuKalsa Complex, National High Way, Bari Brahmana - 181133, Dist Samba, JammuCNRB00031461800150059419105251
Talab Tillo JammuF-64, Talab Tillo, Jammu Pin-180002CNRB0005221180015011cb5221@canarabank.com
Jammu BakshinagarCanara Bank # 204, Bakshi Nagar, Behind Dilbagh Mandi, Jammu -180001CNRB0005279180015015cb5279@canarabank.com
Jammu Greater KailashCanara Bank Near Fawara Chowk Greater Kailash Distt. Jammu-180011CNRB0005282180015013cb5282@canarabank.com
Janipur JammuCanara Bank, Shakuntala Complex, Opposite High Court Road, Janipur, JammuCNRB00052231800150109596666266
Jammu SidhraNear SBI National Highway, Jammu Sidhraja MMU Sidhra, Jammu And Kashmir 181017CNRB00052221800150189418109881

Products Offered by the Bank

The details of loan and investment products offered by the Canara bank are mentioned in the table below:

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanThe 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
8.45% - 8.65%0.50% of the loan amountUp to 30 years or until attaining age of 70 years
Personal LoanPermanent 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 lower10.70% - 13.70%0.5% of the loan amountUp to 5 years
Vehicle LoanEligible 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
8.70% - 9.35%0.25% of the loan amountFor new vehicles - 7 years

For used vehicles - 5 years
Loan Against PropertyExisting customers having satisfactory dealing with the bank

New customers with healthy credit history
Up to 50% of the property value or maximum ₹ 10 crores9.95 - 14.90% p.a.1% of the loan amountUp to 7 years
Gold LoanExisting Saving Bank customers or new customers properly introducedMinimum - ₹ 10,00,000

Maximum - ₹ 10,00,000
11.75% p.a.1% of the loan amountWithin 12 months
Fixed DepositIndividual
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
4.20% - 7.10%-15 days - 10 years

7 days - 14 days only on single deposit of ₹ 5 lakhs & above

Documents Required

ProductDocuments
Home LoanLoan 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 LoanLoan 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 LoanProof 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 PropertyDuly 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 LoansApplication for Swarna Loan
Certificate by the Jewel Appraiser
Salary Certificate and Form No.16 / Income Proof
Fixed DepositApplication 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.

You May Also Read