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canara

  • About Us
    • Board of Director
  • Financial Results
  • PMJDY and Financial Inclusions
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  • E Auction Properties
  • Announcements
  • Ex-employees
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Net Banking
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    • Savings & Deposits
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    • Approved Housing Projects
    • How To Apply
    • Retail Loan Products
    • MSME Loan Products
  • Corporate Banking canara
    • Accounts & Deposits
    • Supply Chain
    • Loans & Advances
    • Syndication Services
    • IPO Monitoring Activity
    • Merchant Banking
    • TUF Schemes
    • Canara eTax
  • Investor Relation canara
    • Contact Us
    • Appeal to Physical Shareholders of Canara Bank
    • Download TDS Certificate for payment of Dividend FY 2021-22
  • Canara Easy Fee
  • NRI Banking canara
    • Deposit Products
    • Loans & Advances
    • Remittance Facilities
    • Investment Facilities
    • Consultancy Services
    • Other Services
    • NRI News Bulletin
    • Contact Details
    • FAQs
    • FATCA / CRS - Self Declaration Form
  • Priority Portal canara
    • Schemes
    • RRB Section
    • Agri-Marketing
    • Agricultural Innovation Centre
    • Rural Development
    • CED for Women
    • Sustainable Development and Corporate Social Responsibility (SD-CSR)
    • Lead Bank
    • In Promotion Of Self Employment
    • RURAL DEVELOPMENT SCHEMES
    • SUPPORT INITIATIVES
    • Agriculture loan Application formats
  • Net Banking
  • MSME Banking
canara bank
  • About Us
    • Board of Director
  • Financial Results
  • PMJDY and Financial Inclusions
  • Press Release
  • Tenders
  • E Auction Properties
  • Announcements
  • Ex-employees
  • Careers
  • Personal Banking canara
    • Savings & Deposits
    • Technology Products
    • Mutual Funds
    • Insurance Business
    • International Services
    • Card Services
    • Consultancy Services
    • Depository Services
    • Ancillary Services
    • Approved Housing Projects
    • How To Apply
    • Retail Loan Products
    • MSME Loan Products
  • Corporate Banking canara
    • Accounts & Deposits
    • Supply Chain
    • Loans & Advances
    • Syndication Services
    • IPO Monitoring Activity
    • Merchant Banking
    • TUF Schemes
    • Canara eTax
  • Investor Relation canara
    • Contact Us
    • Appeal to Physical Shareholders of Canara Bank
    • Download TDS Certificate for payment of Dividend FY 2021-22
  • Canara Easy Fee
  • NRI Banking canara
    • Deposit Products
    • Loans & Advances
    • Remittance Facilities
    • Investment Facilities
    • Consultancy Services
    • Other Services
    • NRI News Bulletin
    • Contact Details
    • FAQs
    • FATCA / CRS - Self Declaration Form
  • Priority Portal canara
    • Schemes
    • RRB Section
    • Agri-Marketing
    • Agricultural Innovation Centre
    • Rural Development
    • CED for Women
    • Sustainable Development and Corporate Social Responsibility (SD-CSR)
    • Lead Bank
    • In Promotion Of Self Employment
    • RURAL DEVELOPMENT SCHEMES
    • SUPPORT INITIATIVES
    • Agriculture loan Application formats
  • Net Banking
  • MSME Banking
Got any Questions?
Call us Today!

Toll Free Numbers
(if dialed within India)

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.

Canara Vehicle

Purpose

Add wheels to your dreams!

...Imagine the excitement of owning a car..... the luxury, the thrill....

  • For buying new or used four wheeler

Vehicle Loan Eligibility

  • All individual borrowers / professionals / reputed firms / companies are eligible. However HUF is not eligible.
  • Salaried individuals should have a minimum gross salary of Rs.3.00 lacs p.a. Minimum NTH after proposed installment should not be less than 25% or Rs.12,000/- whichever is higher.
  • Other than salaried individuals should have a minimum Gross Annual Income of Rs.3.00 lakh p.a. as per latest ITR/ITAO OR should have a minimum Gross Annual Income of Rs.3.00 lakh p.a. as per latest ITR/ITAO subject to 3 years’ Annual Average Gross Income not less than Rs.2.50 lakh.(in case if they are engaged in business/profession for more than 3 years). Minimum NTH after proposed installment should not be less than 25% or Rs.12,000/- whichever is higher.
Click here to Apply

Your Dream Car. Your contribution and ours...

 Sl.  No.  4-Wheeler Loan amount for new vehicle Margin
 Central/State/ Government/ Autonomous bodies /PSUs employees  All others customers
 1  Upto Rs. 10.00 Lakhs  10% 10%
 2  > Rs. 10.00 lakhs upto Rs. 25.00 lakhs 15%
 3  above Rs.25.00 lakhs 20% 20%

USED CARS

  • We also finance used cars (not older than 3 years) at the same low interest rates. We finance 60% of the agreed price or 60% of the value of the car or 60% of the original value of the vehicle, as assessed by an automobile engineer or Rs. 50.00 Lakh whichever is lower

Vehicle Loan Interest Rate

Click here for Rate of Interest

Repayment to suit your pocket

  • In convenient Equated Monthly Instalments upto 84 months ( 60 months in case of second hand vehicles ). So, step into any of our branches and drive away your dream car.

Processing Charges

  • Bank is celebrating Retail Loan Festival and waived the processing charges from 01.09.2022 to 31.03.2023
  • 0.25% on the loan amount with a minimum of Rs.1000/- and maximum of Rs.5000/-.

Vehicle Loan EMI Calculator

  • EMI Calculator
Got any Questions?
Call us Today!

Toll Free Numbers

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.
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Last Updated on: 03/01/2023 |   Visitors: 494897        

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