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Personal, home, vehicle & other loans

Canara Home Loan Plus

A top-up facility for existing Canara housing-loan borrowers for domestic, medical, education and other non-speculative needs, with no upper loan limit stated beyond the ₹50 lakh income-based cap.

RateRLLR 8.00% + CRG-linked spread: effective 8.55% (CRG 1), 8.60% (CRG 2), 9.10% (CRG 3) or 10.60% (CRG 4) p.a.Maximum amount₹50 lakh maximum for both salaried and non-salaried calculations; salaried quantum is 24 months gross salary and non-salaried quantum is two times three-year average gross income.TenureLeftover repayment period of the existing housing loan or 180 EMIs, whichever is less.
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Quick eligibility check

Canara Home Loan Plus

0 of 9 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: No universal rupee minimum income is published?

Published source: Minimum income

2Does your annual income meet this requirement: Salaried quantum is 24 months of gross salary and non-salaried quantum is two times the applicant's three-year average gross income, each subject to ₹50 lakh?

Published source: Minimum income

3Are you this type of customer: net take-home must remain 25% salaried or 30% non-salaried?

Published source: Minimum income

4Are you aged 18 to 75?

5Does your age meet this requirement: joint accounts use the youngest borrower's age under housing-loan rules?

6Document checkDo you have this required document or proof: Application with two passport photographs?

Published source: Minimum income

7Document checkDo you have this required document or proof: KYC, identity, residence and age proof?

Published source: Minimum income

8Document checkDo you have this required document or proof: Salaried: latest six months salary slips, salary-account statement, Form 16/ITR and service proof?

Published source: Minimum income

9Document checkDo you have this required document or proof: Self-employed: three years balance sheets, P&L, ITRs, bank statement, business note and proof?

Published source: Minimum income
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; existing Canara housing-loan borrowers

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 typeTop-up loan against the continuing security of an existing Canara housing loan for non-speculative domestic, medical, education and unforeseen personal needs.View source
The official page describes the purpose and continuing mortgage security.
Source
Canara Home Loan Plus
Page / section
Purpose; Security
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateRLLR 8.00% + CRG-linked spread: effective 8.55% (CRG 1), 8.60% (CRG 2), 9.10% (CRG 3) or 10.60% (CRG 4) p.a.View source
CANARA HOME LOAN PLUS - Term Loan: 8.00%; effective rates 8.55%, 8.60%, 9.10% and 10.60% for CRG 1–4.
Source
Rates of interest for retail lending schemes linked to — Canara Bank
Page / section
Other retail lending schemes, row 6 — Canara Home Loan Plus (Term Loan)
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
BenchmarkRepo Linked Lending Rate (RLLR), 8.00% in the current Canara retail table (w.e.f. 12 March 2026); the CRG risk grade determines the additional spread.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 6 — Canara Home Loan Plus
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
Minimum incomeNo universal rupee minimum income is published. Salaried quantum is 24 months of gross salary and non-salaried quantum is two times the applicant's three-year average gross income, each subject to ₹50 lakh; net take-home must remain 25% salaried or 30% non-salaried.View source
The page publishes income multiples, ₹50 lakh cap and net-take-home percentages, but no minimum salary amount.
Source
Canara Home Loan Plus
Page / section
Loan Quantum; Margin & NTH
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹50 lakh maximum for both salaried and non-salaried calculations; salaried quantum is 24 months gross salary and non-salaried quantum is two times three-year average gross income.View source
Canara publishes the two calculation methods and ₹50 lakh cap.
Source
Canara Home Loan Plus
Page / section
Loan Quantum
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureLeftover repayment period of the existing housing loan or 180 EMIs, whichever is less.View source
The official repayment rule is the shorter of the remaining housing-loan period and 180 .
Source
Canara Home Loan Plus
Page / section
Repayment tenure
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing fee0.50% of loan amount; minimum ₹100 and maximum ₹500. Documentation is ₹100 per lakh, with ₹1,000 minimum and ₹25,000 maximum.View source
The official fee rows publish the percentage, minimum, maximum and documentation schedule.
Source
Canara Home Loan Plus
Page / section
Processing Charges; Documentation Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo prepayment penalty is charged. Release of security occurs only after both the housing loan and Home Loan Plus liabilities are closed.View source
Canara states no prepayment penalty and the linked-security release condition.
Source
Canara Home Loan Plus
Page / section
Benefits; Security
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Salaried quantum: 24 months gross salary, up to ₹50 lakh
  • Non-salaried quantum: twice three-year average gross income, up to ₹50 lakh
  • Nil margin and no prepayment penalty
  • 0.50% processing fee with ₹100 minimum and ₹500 maximum
  • Repayment up to the housing-loan balance period or 180 , whichever is lower

Eligibility

  • Existing housing-loan borrowers aged 18–75 with satisfactory repayment track record; joint accounts use the youngest borrower's age under housing-loan rules.

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

Documents the bank lists

  • Application with two passport photographs
  • , identity, residence and age proof
  • Salaried: latest six months salary slips, salary-account statement, Form 16/ and service proof
  • Self-employed: three years balance sheets, P&L, , bank statement, business note and proof
  • : passport/visa, work permit, attested salary certificate, overseas bank statement and notarised power of attorney where applicable
  • Purpose, property and takeover documents as applicable

Related official documents

Canara Home Loan Plusofficial-product-page · current · accessed 30 Aug 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.

Purpose · Published termDomestic, medical, education and unforeseen personal needs; speculative use excluded

This value is copied from Canara Home Loan Plus published terms. Check the table notes before relying on it.

Source: Canara Home Loan Plus · Purpose; Quantum; Charges; Security; Repayment tenure Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 6 rows · 2 columnsCanara Home Loan Plus published termsQuantum, income, charges, security and repayment terms from the official page.View tableHide table

Scroll sideways to view every column

Canara Home Loan Plus published terms
AreaPublished term
PurposeDomestic, medical, education and unforeseen personal needs; speculative use excluded
QuantumSalaried 24× gross salary; non-salaried 2× three-year average gross income; ₹50 lakh cap
Margin / NTHNil margin; net take-home 25% salaried and 30% non-salaried
Charges0.50%; ₹100 minimum and ₹500 maximum; documentation ₹100/lakh, ₹1,000–₹25,000
SecurityContinuing housing-loan property mortgage plus further ; release after both loans close
TenureRemaining housing-loan period or 180 , whichever is less
Canara Home Loan Plus · Purpose; Quantum; Charges; Security; Repayment tenure · accessed 30 Aug 2026Open official source ↗
Table 2 · 6 rows · 2 columnsCanara Mortgage published termsEligibility, quantum, property security, charges and repayment terms from the official page and FAQ.View tableHide table

Scroll sideways to view every column

Canara Mortgage published terms
AreaPublished term
Eligible applicantsIndividuals aged 18+, salaried with one-year confirmed service, non-salaried with three years business/profession, with resident close-relative co-borrower
QuantumLower of 50% property value, ₹7.50 crore and CRG-based income formula
TenureUp to 180 months / 15 years
SecurityEquitable mortgage with clear title; property value at least 200% of loan; spouse/legal-heir guarantee mandatory
Charges0.50%; minimum ₹5,000; documentation ₹100/lakh, ₹1,000–₹25,000
PrepaymentNo prepayment penalty
Canara Mortgage · Eligibility; Quantum; Security; Charges; · accessed 30 Aug 2026Open official source ↗
Table 3 · 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 ↗

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