Canara Bank

Canara Bank

Overview

Canara Bank provides Business Loan to businesses for their short or long term financial needs. A lot of times it is important for businessmen to acquire a certain amount of money for running their enterprise. It is well known that without the required capital no business can run. Canara Bank offers three types of Business Loan-- Term Loan, Infrastructure Financing and Working Capital Finance. 

 

Loan Feature

Loan Amount Not mentioned
Interest Rate N.A.
Tenure Not mentioned
Pre Payment Charges Not provided
Service Charges

Service charges not provided

Eligibility Criteria : Business Loan

  Self
Age Age criteria not provided
Income Income criteria not provided
Job Experience Job experience not provided
Residence Proof Residence proof not provided

Docs Required : Business Loan

  Self
ID Proof Passport/driving license/voter ID
Address Proof Electricity bill/telephone bill
DOB Proof Certificate of birth/Matriculation certificate
Financial Docs
  • Bank Statements(latest 6 months bank statement /passbook)
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA 
  • Qualification proof of the highest professional degree

Other Charges : Business Loan

N/A

Products offered by Canara Bank

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Testimonial

After getting rejected for a home loan by two banks I thought my wish of owning a home in a city like Mumbai will remain a dream. By chance I came to your site and applied for the loan.

What happened then was a smooth process. It's been my good luck to visit your site and get loan for my dream home.

Thanks

- Deepak Gupta

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