Canara Bank Home Loan Products
1. Canara Housing Loan:Designed for individuals aiming to
purchase, construct, or renovate a residential property. This
loan offers flexible terms and competitive interest rates to suit various housing needs.
2. Canara Site Loan : Ideal for those planning to purchase a
residential plot, with the option to avail additional
financing for construction. This loan supports your journey from land acquisition to building your
home.
3. Canara Home Loan Plus: A top-up loan facility for existing
home loan borrowers seeking additional funds for personal
needs, offering the convenience of extra financing with favorable terms.
4. Canara Kuteer : Tailored for individuals and self-help group
members with an annual household income up to ₹3
lakh, this scheme facilitates affordable housing solutions for lower-income groups.
5. Home Loan for NRIs:Specially crafted for Non-Resident
Indians (NRIs) and Persons of Indian Origin (PIOs) looking to
invest in residential properties in India, offering flexible terms and competitive rates.
Canara Bank Home Loan Interest Rates 2025
| CIBIL Score |
Salaried Interest Rate |
Self-Employed Interest Rate |
| 800 & Above |
8.10% p.a. |
8.25% p.a. |
| 750–799 |
8.30% p.a. |
8.45% p.a. |
| 700–749 |
8.60% p.a. |
8.75% p.a. |
Processing Fees
Canara Bank charges a processing fee of 0.25% of the loan amount + GST. Special
concessions may be available for government employees and defense personnel.
Home Loan Eligibility Criteria
To qualify for a Canara Bank home loan, applicants must meet the following criteria:
- Age: Minimum 21 years; maximum age at loan maturity is 75 years.
- Employment: salaried and self-employed
- Income: Sufficient income to cover EMI obligations, with the EMI not exceeding 60% of net monthly income.
- Credit Score: A good credit history is preferred to secure favorable interest rates.
Required Documents for Canara Bank Home Loan
Applicants need to provide the following documents:
- Identity Proof: Voter ID, PAN Card, Aadhaar Card or Passport
- Address Proof: Aadhaar Card, Recent utility bill, or Passport.
- Income Proof:
- Salaried: Latest salary slips (last 3 months), Form 16, and bank statements.
- Self-Employed: Income Tax Returns (last 3 years), profit & loss statements, and bank statements.
- Property Documents: Sale deed or agreement to sell, title deed, encumbrance certificate, and approved building plan.
How to Apply for Canara Bank Home Loan via SuGanta
Applying through SuGanta.com makes your home loan application easier:
1. Visit SuGanta’s Home Loan Partner Page
2. Fill out the online application with your details
3. Upload your documents for eligibility check
4. Get expert support through every stage
5. Once approved, your loan goes straight to your account.
Benefits of Applying with SuGanta.com
- Fast Online Application – No need to visit a branch
- Expert Assistance – Tailored advice and documentation help
- Compare & Choose – Access multiple loan options side by side
- Full Support – From application to disbursement