CAN Mobile is the Vehicle Loan given by Canara Bank for buying new or used four wheeler.For buying a brand new car, bring just 10% of the cost. Canara Bank will provide you loan upto 90% of the on road price. There is no ceiling on maximum loan amount.
|Loan Amount||Upto 90% of the -on road price. There is no ceiling on maximum loan amount|
|Pre Payment Charges||2% on the outstanding liability in case of take over of the loan by other bank / FI|
Processing Fee: 0.1% on the loan amount with a minimum of Rs.250/- and maximum of Rs.500/-.
Eligibility Criteria : Car Loan
|Age||Minimum and maximum age Not Available||Minimum and maximum age Not Available|
|Income||Income Criteria Not Available||Income Criteria Not Available|
|Job Experience||Minimum Job Experience Not Available||Minimum Job Experience Not Available|
|Residence Proof||Minimum Duration of Stay Not Available||Minimum Duration of Stay Not Available|
Docs Required : Car Loan
|ID Proof||Passport or voter's card or driving licence or PAN card||Passport or voter's card or driving licence or PAN card|
|Address Proof||Ration card or passport or latest electricity bill or latest telephone bill or latest credit card bill bank statements, last 6 months bank statements||Ration card or passport or latest electricity bill or latest telephone bill or latest credit card bill bank statements, last 6 months bank statements|
|DOB Proof||Birth Certificate or 10th Class Passing Certificate||Birth Certificate or 10th Class Passing Certificate|
Self employed (Professionals)
Self Employed (Individuals)
Other Charges : Car Loan
Commission on solvency certificate shall be at the rate of 0.10% with a minimum of Rs. 500/- and maximum of Rs. 10000/- per certificate.