Compare Canara Bank personal loans
There are two different types of personal loan products offered by Canara Bank. These loans are mainly intended for customers to take care of their immediate financial requirements. Let’s compare the interest rate and other features of these loans. Maximum of Rs.
Simply so, how can I check my loan status in Canara Bank?
A person can check the loan status by calling the numbers 1800-425-0018 for any financial queries including Personal Loan. You can also directly go to the branch you apply at to meet the officer in charge to know the status of your personal loan application.
- Visit the official website of a Canara Bank.
- Log in to your personal loan account using customer ID and password.
- Click on ‘View statement’.
- For future reference, you can also download the loan statement.
Hereof, how much salary is required for personal loan?
Banks ask for a minimum income of ₹ 25,000 for a personal loan. However, some banks give loans for a salary less than ₹ 25,000. Your loan eligibility is calculated based on the ratio of your fixed obligations to your monthly income.
Is Mudra loan available in Canara Bank?
Canara Bank as one of the prominent lenders for micro and medium enterprises offers MUDRA loans under the GOI scheme. The loan facilitates micro-credit to small scale industries ranging from Rs. 50,000 to Rs. 10 lakhs.
What are the service provided in Canara Bank?
Canara Bank provides par excellence services in Corporate Banking as well.
- Syndication Services.
- IPO Monitoring Activity.
- Merchant Banking Services.
- Accounts & Deposits.
- Cash Management Services.
- Loans & Advances.
- TUF Schemes.
- Canara electronic Tax.
What is Canara Bank credit score?
Here are the commonly used eligibility criteria for Canara bank personal loan: Age between 21 and 60 years. A good credit score – 750 is an ideal credit score accepted by Canara Bank for processing personal loan applications. The minimum score should be 650. Individual’s income should be a minimum of Rs.
What is FDR Canara Bank?
Canara Bank fixed deposit is a reliable, secure and beneficial investment option that offers various benefits such as guaranteed returns, Government insurance, loan borrowing facility and flexible fixed deposit tenure. Interest Rate. 2.90% to 5.25% Minimum Tenure.
What is the gold loan interest rate in Canara Bank?
Canara Bank Gold Loan Details
| Interest Rate | Up to 7.65% p.a. |
|---|---|
| Loan Amount | Up to Rs.20 lakh |
| Loan Tenure | Up to 2 years |
| Processing Fee | 0.5 % of the loan amount + GST subject to a minimum of Rs.500 |
What is the minimum balance for Canara Bank?
What is the rate of interest for education loan in Canara Bank?
Education Loan And Other Priority Sector Loans
| Purpose | Skill Loan Scheme has been developed to support the national initiatives for skill development. |
|---|---|
| Quantum of Finance | Need based Finance in the range of Rs.5000 to Rs.1,50,000/- |
| Rate of Interest | On-going One Year MCLR+1.50% |
| Margin | Nil |
Which bank has the easiest personal loan approval?
The easiest banks to get a personal loan from are USAA and Wells Fargo. USAA does not disclose a minimum credit score requirement, but their website indicates that they consider people with scores below the fair credit range (below 640). So even people with bad credit may be able to qualify.
Which bank is best for gold loan?
Gold Loan Interest Rates Comparison
| Name of the Bank | Interest Rate | Loan Amount |
|---|---|---|
| Canara Bank Gold Loan | 7.35% p.a. | Rs.5,000 to Rs.35 lakh |
| Muthoot Gold Loan | 12% p.a. to 26% p.a. | Rs.1,500 onwards |
| SBI Gold Loan | 7.00% p.a. onwards | Rs.20,000 to Rs.50 lakh |
| Kotak Mahindra Gold Loan | 10.00% p.a. – 17.00% p.a. | Rs.20,000 to Rs.1.5 crore |
Which private bank is best for personal loan?
Top Private Sector Banks Offering Personal Loans
| Bank | Interest Rate (p.a.) | Repayment Tenure |
|---|---|---|
| ICICI Bank | 11.25% onwards | 12 months to 60 months |
| Axis Bank | 16% to 24% | 12 months to 60 months |
| HDFC Bank | 15.50% to 21.50% | 12 months to 60 months |
| Kotak Mahindra Bank | 10.99% to 24% | Up to 60 months |