To meet any personal/domestic needs of the proposed borrower and not for speculative purpose.

• Canara Budget – Prime : 25 months’ gross salary subject to a maximum Rs. 30.00 Lakh. (Higher quantum also can be considered selectively).
• Canara Budget – Delight : 25 months’ gross salary subject to a maximum Rs. 20.00 Lakh. (Higher quantum also can be considered selectively).

100 % waived.

• In convenient Equated Monthly Instalments upto 84 months for Term Loan.
• Renewal in 2 years in Overdraft.
• Option for keeping the EMI fixed during the entire loan period (Term Loan).
• The minimum Net Take Home Pay should not be less than 25% or Rs. 10,000/- per month whichever is higher after meeting the existing and proposed loan instalments.

• Co-obligation of spouse/ legal heir of the borrower.
• Wherever spouse/legal heir of the borrower is not available, suitable Co-obligation good for the loan amount and acceptable to the Bank.

• All the confirmed employees of Central Government / State Government / Personnel from Defence and Paramilitary Forces / PSUs & Autonomous Bodies of Central & State Govt.
• Should have minimum 1 year of service & confirmed in the service.
• In case of loans sanctioned based on salary credit, salary for the last one year shall be credited in the salary account maintained with our Bank.

• All the confirmed employees of Reputed Corporates /MNCs / Public & Private Ltd. Companies/Private Institutions / Universities, Reputed Schools, Reputed Colleges, Reputed Hospitals & IT BT Companies.
• Should have minimum 1 year of service & confirmed in the service.

• With Salary Tie-up: Rate of Interest ranges from RLLR+1.40% to RLLR+6.40%.
• Without Salary Tie-up: Rate of Interest ranges from RLLR+2.40% to RLLR+6.40%.

With Salary Tie-up: Rate of Interest is RLLR+2.40%.