Canara Bank Personal Loan in Chennai

Last Updated : Aug. 28, 2018, 4:14 p.m.

About Canara Bank Personal Loan in Chennai

The city of Chennai is one of the metropolitan city that is situated on the shores of Indian Ocean. The city has been transformed into one of the most vibrant and developed cities in India. There are many companies that are investing in the city and have created a whole new platform in many fields for the people. The migrant workforce in the city keeps on increasing every year. Thus the city constantly needs the financial help to keep up the pace of the development and maintain the healthy lifestyle. The Canara bank being one of the first few banks that was established in the country was set up in the year 1906. It is one of the A- Class scheduled bank that has made the financial products available for the people of India for more than hundred years. It is still following the old ideology with the inclusion of new technology.

Canara bank has spread its network in the city of Chennai with many branches which is serving the requirements of the financial needs and requirements of the people. The most important thing for the bank is to maintain the track record of the customer satisfaction. Or being in the business for so long the bank has understood the requirements of the people and has been delivering the same.

The personal loan is one of the products that Canara bank provides to its customer so that they can fulfill all the personal needs and demands. The main idea behind it is to give the financial option to the customer for the reason they do not want to disclose. The personal loan is also one of the unsecured loans. The loan does not require any collateral or security against it. Thus, the Canara bank gives one of the best features and benefits to the customer in the form of competitive interest rate and easy approval. So to fulfill any dreams or meet emergencies, the best option available to the people of Chennai is to avail the personal loan from Canara bank.

Apply Personal Loan @ 10.75%* Rate

Canara Bank Personal Loan in Chennai at a glance

Eligibility Criteria

• Permanent employees of reputed PSUs and Joint Stock Companies

• Confirmed Central / State Government officials

• Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and University

• The salary account of the employee should be maintained with the branch

• The minimum net salary should not be less than 25% or ₹ 10,000/- per month whichever is higher.

Documents Required

• 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

To get more detailed information , visit Personal loan Chennai .

Address of Canara Bank Branches in Chennai