Features: The bank offers personal loans for genuine personal needs. Called the 'Can Budget', this loan is available for confirmed employees of reputed PSUs and joint stock companies, central / state government officials. The maximum loan amount is six months' gross salary or Rs.1 lakh ; whichever is less for a tenure 3 years; maximum.
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Details of Bank |
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Canara Bank (for Salaried) |
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Processing Fee: |
0.5% of the loan amount min Rs 100 max Rs 500 |
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Prepayment Charges: |
Nil |
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Guarantor: |
Yes |
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Collateral: |
Yes |
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Canara Bank (for Self Employed) |
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Processing Fee: |
0.5% of the loan amount min Rs 100 max Rs 500 |
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Prepayment Charges: |
Nil |
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Guarantor: |
Yes |
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Collateral: |
Yes |
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Personal Loan Comparator