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Canara Bank - CanBudget
General
Institution name:

Canara Bank Loan
Product Name: CanBudget
Purpose: Resident
   
Loan Details
Loan Type:

Personal Loan
Amount Requested: Rs.100,000
Loan Term: 36 months
EMI: Rs.3,406
Total Interest: Rs.22,603
Total to Repay: Rs.122,603

Loan Payment Schedule
   
Interest Rates
Interest Rate:

13.75% Floating

   
Eligibility
Eligibility Notes: Quantum of Loan

Six months gross salary or Rs 1 lac whichever is less

Higher quantums considered selectively

   
Other Loan Features
Loan Amount:

Rs.10,000 to Rs.200,000
Duration: 1 to 60 months
Security: Normally, Co-obligation is required for loans above Rs.50,000. Waivers considered selectively

   
Fees
Processing Fees:

0.5% Minimum Rs 100, Maximum Rs 500

   

 
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