IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Canara Heal

Digital healthcare loan from ₹25,000 to ₹5 lakh to fund hospital-expense shortfalls while settling self or dependent claims through .

RateRLLR 8.00% + 2.30% credit-risk premium = 10.30% effective p.a. in the current Canara retail table.Maximum amount₹25,000 minimum and ₹5 lakh maximum.Tenure12 to 36 months including a two-month moratorium.
Official product page ↗Compare category

Quick eligibility check

Canara Heal

0 of 7 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Salaried customers need minimum monthly salary credit of ₹50,000?

Published source: Minimum income

2Are you this type of customer: non-salaried customers need average balance of ₹50,000 maintained for the last six months?

Published source: Minimum income

3Do you meet this requirement: Net take-home after all instalments must be at least ₹10,000 per month?

Published source: Minimum income

4Do you meet this requirement: CIC score must be 700 or above?

5Are you aged 21 to 55?

6Document checkDo you have this required document or proof: Aadhaar and PAN online validation with Video KYC?

Published source: Minimum income

7Document checkDo you have this required document or proof: Employee ID, latest six-month salary slips, one-year bank statement and last two-year ITR for new-to-bank salaried applicants?

Published source: Minimum income
0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; digital journey

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeStraight-through-processing healthcare loan for hospital-expense shortfalls while settling claims through TPAs for self or dependents.View source
The page describes funding hospital expenditure shortfalls during claim settlement.
Source
Canara Heal
Page / section
Purpose
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateRLLR 8.00% + 2.30% credit-risk premium = 10.30% effective p.a. in the current Canara retail table.View source
Canara-HEAL: 8.00%, credit-risk premium 2.30%, effective rate 10.30%.
Source
Rates of interest for retail lending schemes linked to — Canara Bank
Page / section
Other retail lending schemes, row 21 — Canara-HEAL
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
BenchmarkRepo Linked Lending Rate (RLLR), 8.00% in Canara's current retail table (w.e.f. 12 March 2026).View source
Rates of Interest of all Retail Lending Schemes are linked to ; of the Bank — 8.00% w.e.f. 12.03.2026.
Source
Rates of interest for retail lending schemes linked to — Canara Bank
Page / section
heading and row 21 — Canara-HEAL
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
Minimum incomeSalaried customers need minimum monthly salary credit of ₹50,000; non-salaried customers need average balance of ₹50,000 maintained for the last six months. Net take-home after all instalments must be at least ₹10,000 per month.View source
The official eligibility section publishes both ₹50,000 tests and ₹10,000 NTH.
Source
Canara Heal
Page / section
Income Criteria; NTH
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹25,000 minimum and ₹5 lakh maximum.View source
The official quantum row publishes ₹25,000–₹5 lakh.
Source
Canara Heal
Page / section
Quantum
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Tenure12 to 36 months including a two-month moratorium.View source
Canara publishes 12–36 months inclusive of a two-month moratorium.
Source
Canara Heal
Page / section
Repayment; Moratorium
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹25,000–₹5 lakh quantum
  • Nil margin and nil security
  • 12–36-month repayment including moratorium
  • Two-month moratorium
  • 24×7 journey; facility operational 10 AM–7
  • Direct hospital remittance
  • Pre-approved limits for existing customers

Eligibility

  • score must be 700 or above; entry age 21–55; salaried applicants need ₹50,000 monthly salary credit, non-salaried applicants need ₹50,000 average balance for the last six months; health insurance with associated /insurer is mandatory.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Aadhaar and online validation with Video
  • Employee , latest six-month salary slips, one-year bank statement and last two-year for new-to-bank salaried applicants

Related official documents

Canara Healofficial-product-page · current · accessed 30 Aug 2026
↗
Rates of interest for retail lending schemes linked to RLLR — benchmark follow-upofficial-rate-page · current · accessed 12 Sept 2026
↗
Rates of interest for retail lending schemes linked to RLLR — Canara Bankofficial-rate-page · current · accessed 12 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

IBA Skill Loan · Amount / income₹5,000–₹7.50 lakh; NSQF-aligned course

This value is copied from Canara education, healthcare, deposit-backed and personal-loan terms. Check the table notes before relying on it.

Source: Canara loan product pages · Quantum; Eligibility; Repayment; Charges; Security Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 4 columnsCanara education, healthcare, deposit-backed and personal-loan termsPublished limits, eligibility, fees and repayment terms from the four official Canara product pages.View tableHide table

Scroll sideways to view every column

Canara education, healthcare, deposit-backed and personal-loan terms
ProductAmount / incomeTenureFees / security
IBA Skill Loan₹5,000–₹7.50 lakh; NSQF-aligned course3–7 years by quantum; 6–12-month moratoriumNil margin, processing and collateral; CGFSSD cover
Canara Heal₹25,000–₹5 lakh; ₹50,000 salary credit or balance; CIC 700+; age 21–5512–36 months including 2-month moratoriumNil margin/security; charges as applicable; health insurance mandatory
Canara My Money₹50,000–₹10 lakh; up to 75% online term-deposit limitBullet one day before deposit maturity25% margin; nil processing and security; eligible deposits only
Canara BudgetPrime 25× salary up to ₹50 lakh; Delight 25× up to ₹40 lakh; NTH 25% or ₹10,000Term loan up to 84 months; overdraft renewal every 2 years0.50%, ₹1,000–₹5,000; co-obligation; no prepayment penalty
Canara loan product pages · Quantum; Eligibility; Repayment; Charges; Security · accessed 30 Aug 2026Open official source ↗
Table 2 · 11 rows · 5 columnsCanara retail lending rates — selected schemesRows transcribed from Canara Bank's current RLLR-linked retail rate table. Effective rates are not APRs.View tableHide table

Scroll sideways to view every column

Canara retail lending rates — selected schemes
SchemePublished spread/concessionEffective rate(s)Conditions
Canara Home Loan Plus (Term Loan)8.00%0.55%–2.60% by CRG8.55%, 8.60%, 9.10%, 10.60%CRG 1–4
Canara Budget — Individual8.00%4.65%–6.70% by CRG12.65%, 12.70%, 13.20%, 14.70%CRG 1–4
Canara Budget — Prime8.00%1.70%–6.70% with salary tie-up; 2.70%–6.70% without9.70%–14.70% with tie-up; 10.70%–14.70% withoutCRG and salary tie-up
Canara Budget — Delight8.00%2.70%10.70%CRG 1–3; CRG 4 not eligible
Canara Budget — Special Package8.00%4.40% with salary tie-up; 5.40% without12.40%; 13.40%Salary tie-up condition
Canara Cash8.00%6.55%14.55%Other retail lending scheme
Canara-HEAL8.00%2.30%10.30%Other retail lending scheme
Canara Readycash8.00%1.70%9.70%Other retail lending scheme
Canara Insta Loan8.00%1.00%9.00%Other retail lending scheme
Canara Rooftop Solar CRTS–PMSGY up to ₹2 lakh8.00%−2.25% concession5.75%Up to ₹2 lakh
administrative switchover cost—0.25% of loan amountMinimum ₹250 + ; maximum ₹25,000 + Floating/fixed regime conversion for retail loans
  • The page states of 8.00% w.e.f. 12.03.2026.
  • Risk grade, borrower type, loan amount and salary tie-up determine the applicable row.
  • Published effective rates are interest rates, not calculations.
Rates of interest for retail lending schemes linked to — Canara Bank · heading; other retail lending schemes rows 6, 9–10, 12 and 20–23; switchover note · accessed 12 Sept 2026Open official source ↗

More from Canara Bank

Related products

Canara Agricultural DRI Loan

Differential Rate of Interest agricultural loan for very low-income borrowers, up to ₹15,000 for agriculture or ₹20,000 for housing at a simple 4% rate.

View product

Canara Apna Ghar

A home-loan scheme for eligible metro and urban borrowers with little or no documented income but at least 24 months of verifiable bank or activity.

View product

Canara Bee Keeping (Apiculture) Loan

Finance for bee boxes, hives, extractors, smokers, colonies, combs, sugar and other apiculture inputs.

View product

Canara Budget

Salaried personal loan for non-speculative domestic needs, with Prime and Delight variants, income-multiple limits up to ₹50 lakh and tenure up to 84 months.

View product