Personal, home, vehicle & other loans

Canara Housing Loan

Housing finance for purchase, construction, repair, renovation, second homes and eligible takeovers, with income-based multiples, up to 30-year tenure and no upper loan ceiling stated.

RateFixed-rate table: Housing Loan (including Canara Kuteer) effective rates are 8.50%–10.75% p.a. for women borrowers and 8.55%–10.75% p.a. for other borrowers across CRG-PRIME/CRG 1–4.Maximum amountNo upper loan limit is stated; eligibility is subject to income, repayment capacity, financial profile and property value. Repairs/renovation is up to ₹15 lakh, and fixed furnishing is up to 25% of loan amount or ₹50 lakh, whichever is lower.TenureUp to 30 years or until the borrower reaches age 75, whichever is earlier.

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✓ Manually checked 30 Aug 2026 · active

Offered byCanara Bank

India; eligible , and applicants

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 typeHousing loan for ready-built house/flat purchase, construction, site plus construction, repairs/renovation, fixed furnishing, second home and eligible home-loan takeover.View source

Canara lists the housing purposes and takeover route on the official page.

Source: Canara Housing Loan
Page / section: Purpose;
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Housing Loan (all variants) includes Housing Loan to Agriculturists, and Canara Kuteer; the table prints women/other borrower effective rates by CRG.

Source: Retail lending interest rates linked to fixed rate — Canara Bank
Page / section: Housing Loan rows 1; note that all variants include Housing Loan to Agriculturists, and Canara Kuteer
Accessed: 12 Sept 2026
Confidence: high

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BenchmarkRepo Linked Lending Rate (RLLR), 8.00% w.e.f. 12 March 2026; fixed-rate pricing adds a 0.75% fixed-rate premium and CRG risk spread.View source

Rates of Interest of all Retail Lending Schemes are linked to FIXED RATE OF INTEREST; of the Bank — 8.00% w.e.f. 12.03.2026.

Source: Retail lending interest rates linked to fixed rate — Canara Bank
Page / section: heading and Housing Loan table
Accessed: 12 Sept 2026
Confidence: high

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Minimum incomeNo universal rupee minimum income is published. Salaried applicants are assessed at up to 72× monthly gross salary (96× selectively); non-salaried applicants at up to 6× average three-year annual gross income (8× selectively). Gross-income evidence is required.View source

Canara publishes income multiples and evidence requirements but no minimum salary amount.

Source: Canara Housing Loan
Page / section: Loan Quantum; Eligibility
Accessed: 30 Aug 2026
Confidence: high

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Maximum amountNo upper loan limit is stated; eligibility is subject to income, repayment capacity, financial profile and property value. Repairs/renovation is up to ₹15 lakh, and fixed furnishing is up to 25% of loan amount or ₹50 lakh, whichever is lower.View source

The page says no upper limit and publishes the repair/furnishing limits.

Source: Canara Housing Loan
Page / section: Loan Quantum;
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

TenureUp to 30 years or until the borrower reaches age 75, whichever is earlier.View source

The official repayment section publishes 30 years or age 75, whichever is earlier.

Source: Canara Housing Loan
Page / section: Repayment Tenure;
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Processing fee0.50% of loan amount, minimum ₹1,500 plus GST and maximum ₹10,000 plus GST. A 50% processing-charge waiver is published for the Retail Loan Festival from 1 July 2026 to 30 September 2026; eligible Premium Payroll takeover borrowers have full waiver through 30 September 2026.View source

The official processing-charge section publishes the fee band and dated waivers.

Source: Canara Housing Loan
Page / section: Processing Charges
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Prepayment / foreclosureNo prepayment penalty.View source

Canara states that home loans may be prepaid or foreclosed without penalty.

Source: Canara Housing Loan
Page / section: Benefits; — prepayment
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

No upper limit subject to income and repayment capacity
Salaried up to 72× monthly gross salary (96× selectively)
Non-salaried up to 6× annual gross income (8× selectively)
Repairs/renovation up to ₹15 lakh
Up to 30 years or age 75, whichever is earlier
No prepayment penalty
Life and total-permanent-disability insurance option

Eligibility

Salaried applicants need two years aggregated continuous service and at least six months in the current organisation; self-employed applicants provide three years /ITAO. Entry age is below 60, with liability cleared before age 75; 60+ applicants must apply jointly with earning spouse/legal heirs.

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

Documents the bank lists

Application, photographs, , identity, residence and age proof
Property title/link documents, encumbrance, khata, tax receipts and approved plans/occupancy documents by purpose
Salaried: six-month salary-account statement and service/Form 16/ proof
Self-employed: three years balance sheet, P&L and /ITAO, bank statement, business note and proof
: passport/visa or IC/ card, work permit, attested salary certificate, overseas bank statement and notarised power of attorney where applicable
Takeover NOC, held-document list, sanction letter and loan statement where applicable

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

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.

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TableArea

Purpose · Published termPurchase, construction, plot plus construction, repair/renovation, fixed furnishing, second home and takeover

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

Source: Canara Housing Loan · Purpose; Loan Quantum; Processing; Repayment; Margin; Eligibility; Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 8 rows · 2 columnsCanara Housing Loan published termsPurpose, income, quantum, margin, charges, tenure and eligibility captured from Canara's official page.View tableHide table

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Canara Housing Loan published terms
Area	Published term
Purpose	Purchase, construction, plot plus construction, repair/renovation, fixed furnishing, second home and takeover
Quantum	No upper limit; salaried 72× monthly gross (96× selectively); non-salaried 6× three-year average gross income (8× selectively)
Repairs / furnishing	Repairs up to ₹15 lakh; furnishing up to 25% of loan or ₹50 lakh, whichever lower
Processing	0.50%; ₹1,500 + minimum and ₹10,000 + maximum; dated 50% festival waiver
Repayment	Up to 30 years or age 75, whichever earlier
Margin	New/old property bands: 10% up to ₹30 lakh, 20% ₹30–75 lakh, 25% above ₹75 lakh; old property over 10 years uses 25%
Eligibility	Resident Indians, , and ; salaried service and self-employed conditions; entry below age 60
Insurance	Optional Canara Home Loan Secure group life and total permanent disability cover

Canara Housing Loan · Purpose; Loan Quantum; Processing; Repayment; Margin; Eligibility; · accessed 30 Aug 2026Open official source ↗

Table 2 · 5 rows · 4 columnsCanara fixed-rate retail lending — selected schemesView tableHide table

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Canara fixed-rate retail lending — selected schemes
Scheme	Fixed-rate premium	Published effective rate(s)	Conditions
Housing Loan (including Kuteer)	0.75%	8.50%–10.75%	Women/other borrowers; CRG-PRIME to CRG 4
Canara Vehicle, four-wheelers	0.75%	8.70%–10.85%	Women/other borrowers; CRG-PRIME to CRG 4
IBA Skill Loan	0.75%	10.25%	Maximum ₹7.50 lakh
Master's degree abroad	0.75%	10.35%–10.85%	Collateral 50% to 100%+
Canara Rooftop Solar up to ₹2 lakh	0.75%	6.50%	Solar slab; included for cross-reference

is 8.00% w.e.f. 12.03.2026.
The published effective rates are interest rates, not .
Housing table note explicitly includes Canara Kuteer, agriculturist and variants.

Retail lending interest rates linked to fixed rate — Canara Bank · Housing, vehicle and education tables; housing-variant note · accessed 12 Sept 2026Open official source ↗

Canara Housing Loan

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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