Canara Bank Loan Against Property

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All about Canara Bank Loan Against Property

Canara Loan Against Property

Eligibility for Canara Bank Loan Against Property

  1. ‘Professionals’, ‘Businessmen’, ‘Salaried persons’.
  2. Customers who have satisfactory dealings with the banks.
  3. ‘New customers’ well introduced and creditworthy with satisfactory banker’s / market reports on them.
  4. Quantum: Canara Bank Loan Against Property
  5.  Up to 50% on the property value being offered as security.
Interest Rate: Canara Loan Against Property: BR + 5.75 %

Repayment: ‘Canara Loan Against Property’

Up to 60 months by way of EMI

Security: ‘Canara Bank Loan Against Property’

‘Equitable Mortgage‘ of property acceptable to the Bank, which has a very clear marketable title.

Guarantee:  ‘Canara Bank Loan Against Property’

Personal-Guarantee from a person’s. A waiver must be considered selectively.

‘Processing-Charge(s)’:

0.5% of “ loan“- amount.

Document(s) / Formalities: ‘Canara Bank Loan Against Property’

  1. ‘Stipulated-Loan Application’ with 2-passport size photographs
  2. Lease-deed’s copy.
  3. Applicant’s income proof and guarantor.
  4. Assessment Order of Income-Tax / ‘IT-Return(s).
  5. Title-deeds of the property / ‘EC’, latest ‘tax-paid’ receipt /’Legal Scrutiny Report’.
  6. Building’s approved plan.
  7. Balance-Certificate if finance is availed against the property.
  8. Annual Financial Statement(s) for the past 2 yrs.
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REMINDER SERVICES CURRENT HOME LOAN INTEREST RATES EMI CALCULATOR
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