Sl. No

LOAN PRODUCT

CRG

RLLR

WOMEN BORROWERS

OTHER BORROWERS

(1)

(2)

(3)

(4)

(5)

(6)

Credit Risk Premium over RLLR

**Concession

Effective Rate of Interest under RLLR

Credit Risk Premium over RLLR

**Concession

Effective Rate of Interest under RLLR

1

HOUSING LOAN

APPLICABLE ROI FOR SANCTIONED LIMIT UPTO Rs. 50.00 LAKH

HOUSING LOAN

CRG-PRIME

9.25

0.00

-0.75

8.50

0.05

-0.75

8.55

CRG : 1

9.25

0.00

-0.75

8.50

0.05

-0.75

8.55

CRG : 2

9.25

0.05

-0.50

8.80

0.10

-0.50

8.85

CRG : 3

9.25

0.45

0.00

9.70

0.50

0.00

9.75

CRG : 4

9.25

1.95

0.00

11.20

2.00

0.00

11.25

APPLICABLE ROI FOR SANCTIONED LIMIT ABOVE RS. 50.00 LAKH TO RS 100.00 LAKH

CRG-PRIME

9.25

0.00

-0.80

8.45

0.05

-0.80

8.50

CRG : 1

9.25

0.00

-0.80

8.45

0.05

-0.80

8.50

CRG : 2

9.25

0.05

-0.55

8.75

0.10

-0.55

8.80

CRG : 3

9.25

0.45

-0.10

9.60

0.50

-0.10

9.65

CRG : 4

9.25

1.95

-0.10

11.10

2.00

-0.10

11.15

APPLICABLE ROI FOR SANCTIONED LIMIT ABOVE RS 100.00 LAKH TO RS 250.00 LAKH

CRG-PRIME

9.25

0.00

-0.85

8.40

0.05

-0.85

8.45

CRG : 1

9.25

0.00

-0.85

8.40

0.05

-0.85

8.45

CRG : 2

9.25

0.05

-0.60

8.70

0.10

-0.60

8.75

CRG : 3

9.25

0.45

-0.20

9.50

0.50

-0.20

9.55

CRG : 4

9.25

1.95

-0.20

11.00

2.00

-0.20

11.05

APPLICABLE ROI FOR SANCTIONED LIMIT ABOVE RS 250.00 LAKH

CRG-PRIME

9.25

0.00

-0.85

8.40

0.05

-0.85

8.45

CRG : 1

9.25

0.00

-0.85

8.40

0.05

-0.85

8.45

CRG : 2

9.25

0.05

-0.60

8.70

0.10

-0.60

8.75

CRG : 3

9.25

0.45

-0.30

9.40

0.50

-0.30

9.45

CRG : 4

9.25

1.95

-0.30

10.90

2.00

-0.30

10.95

Note:

1.For Housing Loan (All variants) under CRG-Prime, CRG-1 & CRG-2, additional 5 bps concession for Takeover/Ready to move HL proposals & 5 bps concession for salaried employees working in Central/State Govt./PSUs/MNCs/Bluechip Companies & Corporates maintaining/switching salary a/c wth us including Canara SB Premium Payroll package payroll a/cs is applicable in all loan slabs upto floor/ceiling rate.
2.. For Housing Loans under Commercial Real Estate (3rd unit the applicable ROI is 0.25% above the card rate & 4th and subsequent dwelling unit  the applicable Rate of Interest shall be 0.50% above the card rate.
3. The Rate of Interest shall not be below 8.40% inclusive of all concessions.

2

                                                     CANARA VEHICLE LOAN

                                             APPLICABLE ROI FOR SANCTIONED LIMIT UPTO RS. 15.00 LAKH

Canara Vehicle (4 Wheeler Loans including Agriculturists (General)

CRG-PRIME

9.25

0.10

-0.20

9.15

0.15

-0.20

9.20

CRG : 1

9.25

0.10

-0.10

9.25

0.15

-0.10

9.30

CRG : 2

9.25

0.25

0.00

9.50

0.30

0.00

9.55

CRG : 3

9.25

0.65

0.00

9.90

0.70

0.00

9.95

CRG : 4

9.25

2.65

0.00

11.90

2.70

0.00

11.95

APPLICABLE ROI FOR SANCTIONED LIMIT ABOVE RS. 15.00 LAKH

CRG-PRIME

9.25

0.10

-0.60

8.75

0.15

-0.60

8.80

CRG : 1

9.25

0.10

-0.50

8.85

0.15

-0.50

8.90

CRG : 2

9.25

0.25

-0.40

9.10

0.30

-0.40

9.15

CRG : 3

9.25

0.65

-0.40

9.50

0.70

-0.40

9.55

CRG : 4

9.25

2.65

-0.40

11.50

2.70

-0.40

11.55

Canara Green Vehicle (4 WHEELER Electric Vehicle including Agriculturist)~

APPLICABLE ROI FOR SANCTIONED LIMIT UPTO RS.15.00 LAKH

CRG-PRIME

9.25

0.00

-0.20

9.05

0.00

-0.20

9.05

CRG : 1

9.25

0.00

-0.10

9.15

0.00

-0.10

9.15

CRG : 2

9.25

0.15

0.00

9.40

0.15

0.00

9.40

CRG : 3

9.25

0.55

0.00

9.80

0.55

0.00

9.80

CRG : 4

9.25

2.70

0.00

11.95

2.70

0.00

11.95

APPLICABLE ROI FOR SANCTIONED LIMIT ABOVE RS. 15.00 LAKH

CRG-PRIME

9.25

0.00

-0.55

8.70

0.00

-0.55

8.70

CRG : 1

9.25

0.00

-0.45

8.80

0.00

-0.45

8.80

CRG : 2

9.25

0.15

-0.35

9.05

0.15

-0.35

9.05

CRG : 3

9.25

0.55

-0.35

9.45

0.55

-0.35

9.45

CRG : 4

9.25

2.70

-0.45

11.50

2.70

-0.45

11.50

 **The above concession shall remian same till the loan completes 3 years from the date of first disbursement for all the variants of HL & Canara Vehicle 4 Wheeler (including Greenwheels & Agriculturists).

Canara Vehicle         (2  Wheelers)

CRG : 1  

9.25

2.10

0.00

11.35

2.15

0.00

11.40

CRG : 2  

9.25

2.25

0.00

11.50

2.30

0.00

11.55

CRG : 3

9.25

5.25

0.00

14.50

5.30

0.00

14.55

CRG : 4

9.25

7.00

0.00

16.25

7.00

0.00

16.25

Sl.No

LOAN PRODUCT

CRG

RLLR

where security is equal to 200%

where security is equal to >200%=300%

where security is equal to >300%

Credit Risk Premium over RLLR

Effective Rate of Interest under RLLR

Credit Risk Premium over RLLR

Effective Rate of Interest under RLLR

Credit Risk Premium over RLLR

Effective Rate of Interest under RLLR

3

Canara Mortgage

CRG : 1  

9.25

1.25

10.50

1.15

10.40

1.05

10.30

CRG : 2  

9.25

1.50

10.75

1.40

10.65

1.30

10.55

CRG : 3

9.25

2.05

11.30

1.95

11.20

1.85

11.10

CRG : 4

9.25

3.55

12.80

3.45

12.70

3.35

12.60

Sl. No

LOAN PRODUCT

CRG

RLLR

Credit Risk Premium over RLLR

Effective Rate of Interest under RLLR

(1)

(2)

(3)

(4)

(5)

(6)

4

*Canara Vehicle (4 Wheelers) to  Firms/Companies (General & Electric Vehicle)

-

9.25

0.30

9.55

OTHER RETAIL LENDING SCHEMES

5

@HOME IMPROVEMENT LOAN

CRG : 1

9.25

2.50

11.75

CRG : 2

9.25

2.55

11.80

CRG : 3

9.25

3.05

12.30

CRG : 4

9.25

4.55

13.80

@ The subject scheme is discontinued w.e.f 14.02.2023 and the applicable ROI shall continue for existing loans.

6

CANARA HOME LOAN PLUS - Term Loan

CRG : 1

9.25

0.55

9.80

CRG : 2

9.25

0.60

9.85

CRG : 3

9.25

1.10

10.35

CRG : 4

9.25

2.60

11.85

7

CANARA SITE

CRG : 1

9.25

1.05

10.30

CRG : 2

9.25

1.10

10.35

CRG : 3

9.25

1.60

10.85

CRG : 4

9.25

2.10

11.35

8

CANARA JEEVAN

9.25

1.60

10.85

9

CANARA BUDGET-INDIVIDUAL

CRG : 1

9.25

4.35

13.60

CRG : 2

9.25

4.40

13.65

CRG : 3

9.25

4.90

14.15

CRG : 4

9.25

6.40

15.65

CANARA BUDGET-PRIME                      (WITH SALARY TIE-UP)

CRG : 1

9.25

1.40

10.65

CRG : 2

9.25

1.40

10.65

CRG : 3

9.25

1.40

10.65

CRG : 4

9.25

6.40

15.65

CANARA BUDGET-PRIME                      (WITHOUT SALARY TIE-UP)

CRG : 1

9.25

2.40

11.65

CRG : 2

9.25

2.40

11.65

CRG : 3

9.25

2.40

11.65

CRG : 4

9.25

6.40

15.65

CANARA BUDGET-DELIGHT                      (WITH SALARY TIE-UP)

CRG : 1

9.25

2.40

11.65

CRG : 2

9.25

2.40

11.65

CRG : 3

9.25

2.40

11.65

CRG : 4

9.25

NOT ELIGIBLE FOR LOAN

10

CANARA BUDGET- SPECIAL PACKAGE

(With Salary Tie-Up)

9.25

4.40

13.65

(Without Salary Tie-Up)

9.25

5.40

14.65

11

                                 CANARA RENT

a)  Navratna PSUs, AAA rated Companies, Fortune 500 Companies, MNCRG, Banks, Insurance Companies

9.25

1.50

10.75

b) Others

9.25

1.80

11.05

c) Property leased to our Bank

9.25

1.30

10.55

12

                          SWARNA SCHEMES #

Swarna Loan

9.25

0.35

9.60

Swarna Overdraft

9.25

0.35

9.60

Swarna Express

9.25

0.35

9.60

13

CANARA CASH

9.25

6.55

15.80

14

TEACHERS LOAN

CRG : 1

9.25

4.00

13.25

CRG : 2

9.25

4.05

13.30

CRG : 3

9.25

4.55

13.80

CRG : 4

9.25

6.05

15.30

15

ALL OTHER PERSONAL Loans Including  Loans To Individuals Against Other Approved Securities 

CRG : 1

9.25

5.50

14.75

CRG : 2

9.25

5.55

14.80

CRG : 3

9.25

6.05

15.30

CRG : 4

9.25

7.00

16.25

16

CANARA PENSION

    a. General Public (including Family pensioners)

9.25

2.50

11.75

  b. Our Bank Retirees

i)  Loan to our Bank Retired Employees and their Family Pensioners       ii) To avail loan for payment of Annual Premium of the IBA group Mediclaim Insurance Policy

9.25

2.00

11.25

17

CANARA HOME LOAN SECURE

9.25

0.10

9.35

18

                    EDUCATION LOANS:

i. Vidya Sagar Scheme  (Loan Quantum) *$

a. upto Rs.7.50 lakh

9.25

2.00

11.25

b. above Rs. 7.50 lakh

9.25

1.60

10.85

    ii.  IBA Skill Loan (Max. Rs.1.50 lakh)   $

9.25

1.50

10.75

iii. Vidya Turant Scheme

a.with co-borrower

9.25

0.00

9.25

b.with out co-borrower

9.25

0.60

9.85

c. Select Top 76 Premium Institutes

9.25

-0.65

8.60

^NEW EDUCATION LOAN SCHEME FOR PURSUING MASTER’S DEGREE IN ABROAD     FROM SELECT TOP RANKING UNIVERSITIES OF WORLD

COLL . SECURITY 100% & above

9.25

1.60

10.85

COLL.  SECURITY 75% & above (less than 100%).

9.25

1.85

11.10

COLL. SECURITY 50% & above (less than 75%).

9.25

2.10

11.35

iv.Vidya Sahay Scheme (max.Rs.1.00 lakh)

9.25

2.00

11.25

v. Vidya Shakthi (Max Rs.7.50 lakhs)

9.25

0.00

9.25

*Concession of 0.50% ROI extended to girl students under Education Loans

$ Concession of 0.50% for prompt servicing of Interest during course period under Education Loans

^the ROI linked with collateral security