Canara Bank Swarna Loan - Unlock the Value of Your Gold Assets

Nature of Facility	Single Transaction Limit
Loan Quantum	65% of the Appraised Value of Gold. Minimum Amount - Rs. 5000/- Maximum amount - Rs. 35 Lakh. Subject to a ceiling of Rs. 35 Lakh per Borrower under four schemes viz Swarna loan, Swarna OD, Swarna Express & Swarna Monthly Interest.
Security	Pledge of Gold ornaments/Jewellery. Specially minted Gold coins sold by banks up to 50 grams per customer.
Repayment	Loan to be repaid within 12 months from the date of sanction as bullet payment along with interest.

Nomination Facility is available

Loan Product	Consolidated Processing Charges (Excluding GST)
Swarna loan	0.60% of the Loan amount with a minimum of Rs.500.00 and maximum of Rs.6000.00
Swarna Overdraft
Swarna Monthly Interest
Swarna Express	0.30% of the Loan amount with a minimum of Rs.250.00 and maximum of Rs.3000.00

Swarna Monthly Interest Loan