Top Banks 2024

Canara Bank Mumbai

Canara Bank Mumbai

Last Updated : Jan. 30, 2017, 1:41 p.m.

About Canara Bank

Initially established as Canara Hindu Permanent Fund in 1906, the bank shifted the name to Canara Bank Limited at the time of incorporation in 1910. It is a state- owned bank that was nationalized by the government in the year 1969. With the headquarters in Bangalore, the bank has spread a wide network of 5,847 branches and more than 10,026 ATMs across the nation. The bank has opened numerous branches in the Mumbai city so that the people do not find any difficulty in dealing. The customer oriented staff and in-class financial products are the strengths of the bank that makes it stand ahead in the banking sector.

Because of the availability of multiple products to cater diverse financial and banking requirements of people the bank is able to solve the diversified financial problem of the customers. It offers a variety of investment banking, consumer banking, commercial banking, retail banking and private banking products. The bank deals in asset management, pensions, mortgages and credit cards products. It charges a reasonable rate of interest on the loans and advances and pays good returns on the deposits. Thus reducing the liability and maximizing the gain of the customer.

Address of Canara Bank Branches in Mumbai

The address, MICR code, IFSC code, and customer care details of Canara Bank branches located in Mumbai are given in the table below:

Branch NameComplete AddressIFSCMICRCustomer Care
Prabhadevi Overseas Branch, MumbaiAkruti Trader Centre, Office Unit No.3, Ground Floor, Road No.7, Marol, MIDC Andheri(E), MumbaiCNRB0002678400015125022 - 2283 0858
Malad East, MumbaiRaj Chambers, I & II Floor, , Daftary & Manchhubhai Rd, Malad (E), Mumbai - 400097CNRB0002695400015127022-2844 0653
IIT Powai, MumbaiIIT Powai Branch, Bank & Cafeteria Building, Opp.Kresit, IIT PowaiCNRB0002724400015129022-2572 0438
LBS Marg, MumbaiLBS Marg Karthika High School Compound Kurla West MumbaiCNRB0002733400015130022-2504 2052
Andheri East, MumbaiAkruti Trade Centre, Office Unit No.3, Gr.71, Road No.7, Mar 01, MIDC, Andheri (East), MumbaiCNRB0002840400015132022-2825 0132
Mahavirnagar, MumbaiPanchsheel Arcade, 90ft Road, Mahavir Marg, Kandivili West, Mumbai - 400067CNRB0002899400015136022-28689697
CBD Belapur20, 21&22 Ground Floor, Sai Sagar, Plot#69 Sector 15, Palm Beach Road CBD Belapur Navi Mumbai - 460014CNRB0003044400015138022-2757023
Dharavi, MumbaiB Wing, Subhas Chandra Bose, Chs Sion Bandra Link Road, Dharavi, Mumbai - 400017CNRB00030454000151379820318641
Circle Office, Mumbai13th Floor, E Wing, Maker Tower, Cuffe Parade, Mumbai - 400005CNRB0CO7775400015099022-2185266
Borivali East, Mumbai1st Floor, Thawar Apartment, Opp - Heena Building, Main Carter Road, Borivali East, Mumbai - 400066CNRB0003166400015141022-28644999
Vidya Prasaak Mandal High School, MumbaiCanara Bank, Mulund VPM School Branch, Mithager Road, Mulund East, Mumbai - 400 081 (MH)CNRB0008611400015073022-2563 8213
Micro Finance Branch, MumbaiCanara Bank, B Wing, I Floor, Subash Chandra Bose Co - Op Housing Socieity, Sion Bradra Link Road, Bharavi, Mumbai - 400 017CNRB0003275400015144022-24042025
Neo Branch, MumbaiOpp: Mind Space, Malad West, Mumbai - 400064 (Maharashtra)CNRB0003046400015180022-28711974
Vashi Navi Mumbai195 B The Emerald Next To Neel Sidi Towers Sector 12 Vashi Navi MumbaiCNRB0003302400015145022-27882308
Godrej Soaps Pvt.Ltd, MumbaiCanara Bank, Godrej Industries Compound Near Gate No 2, Firojshah Nagar Eastern Express Highway, Vikhroli - E Mumbai Maharashtra 400 079CNRB0008600400015143022-25194819
Bhayandar East BrCanara Bank, Shree Ganpat Tower, New Golden Nest, Bhayander East, Dist: Thane - 401105 (MH)CNRB0003305400015146022-28190629
National Stock Exchange - Extn CounterNational Stock Exchange - Extn CounterCNRB0008564400015156022-26598100
Central Processing Centre - Vostro , MumbaiCanara Bank, No 11, Varma Chambers, I Floor, Homji Street, Fort Mumbai - 400001CNRB0003004400015151022-22642133
Vasai West, MumbaiCanara Bank, C/O Sebastian Gregory Almedia Manikpur, Gods Gift Bunglow Mary Villa Stop Vasai Road West Mumbai-401202CNRB00039124000151559867190390
Kopar Khairane, Navi MumbaiCanara Bank, Shop No 5, 6, 7 Chhadva Avenue Plot No61, Sector 2a Kopar Khairne Navi Mumbai 400709CNRB0003913400015154022-27550342
Shah And Anchor Kutchi Engg.Cllg. E CCanara Bank , Deonar, Mumbai 400088 MaharashtraCNRB0008678400015157080-25480863
Cpc Mumbai41/A First Floor, Shelar Bldg, Gokhale Roadnaupada Thane-West Thane-400604 MumbaiCNRB0003109400015140022 25970865
GhansoliShop No. 8 & 9, Trishul Gold Coast, Plot No. 13, 14 & 15, Sector 9, Ghansoli, Navi Mumbai 400709CNRB00042234000151178452863369
Airport Extn Counter Vile Parle EastAirport Extn Counter, Terminal 1B, Csi Airport, Vile Parle East, Mumbai 400099CNRB0008522400015158022 26156632

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
8.85% - 11.25%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 lower11.75% - 16.25%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
7.30% Onwards0.25% 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
2.90% - 5.75%-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.

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