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LOANS

Canara Bank - Schemes       

Loan scheme to individuals for financing 2-wheelers:-

Quantum of loan-

i) Salaried Class - 75% of the invoice value or 10 months of net salary whichever is less.

ii) Non Salaried Class -  75% of the invoice value or to the extent of 50% of their annual net income whichever is less.

Repayment

The loan to be repaid in EMI not exceeding 46 months.

Rate of interest

15.50% (extax)
floating rate - It is subject to change from time to time.


   
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