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Personal, home, vehicle & other loans

Canara Ready Cash

Fully digital unsecured personal loan from ₹50,000 to ₹10 lakh, with 12–60-month repayment, ₹50,000 minimum monthly salary credit and 700 minimum score.

RateRLLR 8.00% + 1.70% credit-risk premium = 9.70% effective p.a. in the current Canara retail table.Maximum amount₹50,000 minimum to ₹10 lakh maximum.TenureRepayment from 12 months to 60 months.
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Quick eligibility check

Canara Ready Cash

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: Minimum salary credit of ₹50,000 per month in the salary account?

Published source: Minimum income

2Are you this type of customer: Existing salaried applicant?

3Are you aged 21 to 55?

4Document checkDo you have this required document or proof: Aadhaar-enabled OTP consent?

Published source: Minimum income

5Document checkDo you have this required document or proof: Digital KYC and e-sign/e-stamp information?

Published source: Minimum income

6Document checkDo you have this required document or proof: Salary-account and existing-loan details?

Published source: Minimum income

7Document checkDo you have this required document or proof: Consent to bureau verification?

Published source: Minimum income
0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 4 Sept 2026 · active
Offered byCanara Bank

India through Canara digital channels

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 typeFully digital unsecured personal loan for genuine non-speculative personal requirements.View source
Complete purpose/facility description and reviewed.
Source
Canara Ready Cash
Page / section
Purpose and facility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateRLLR 8.00% + 1.70% credit-risk premium = 9.70% effective p.a. in the current Canara retail table.View source
Canara Readycash: 8.00%, credit-risk premium 1.70%, effective rate 9.70%.
Source
Rates of interest for retail lending schemes linked to — Canara Bank
Page / section
Other retail lending schemes, row 22 — Canara Readycash
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 22 — Canara Readycash
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
Minimum incomeMinimum salary credit of ₹50,000 per month in the salary account.View source
Published minimum salary credit reviewed.
Source
Canara Ready Cash
Page / section
Income criteria and 12
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Maximum amount₹50,000 minimum to ₹10 lakh maximum.View source
Complete quantum rows and reviewed.
Source
Canara Ready Cash
Page / section
Quantum and 4
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
TenureRepayment from 12 months to 60 months.View source
Complete repayment rows and reviewed.
Source
Canara Ready Cash
Page / section
Repayment and 6
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Processing fee0.50% of loan amount, minimum ₹500 and maximum ₹2,500, excluding applicable taxes; other charges apply as applicable.View source
Published charge row and reviewed.
Source
Canara Ready Cash
Page / section
Processing charges and 7
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security / prepaymentNo collateral or security; co-obligation waived. A separate prepayment charge is not printed on the reviewed page.View source
Complete security/charge sections reviewed.
Source
Canara Ready Cash
Page / section
Security and 6
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • 24×7 straight-through processing
  • ₹50,000–₹10 lakh facility
  • 0.50% processing fee (₹500–₹2,500) plus taxes
  • Unsecured; co-obligation waived
  • 12–60 months repayment
  • Instant credit to salary account

Eligibility

  • Existing salaried applicant; minimum monthly salary credit ₹50,000, age 21–55 at entry, CIC score 700 or above, and net take-home at least 25% or ₹10,000 per month whichever is higher after all instalments.

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

Documents the bank lists

  • Aadhaar-enabled consent
  • Digital and e-sign/e-stamp information
  • Salary-account and existing-loan details
  • Consent to bureau verification

Related official documents

Canara Ready Cashofficial-product-page · current · accessed 30 Aug 2026
↗
Canara Ready Cashofficial-product-page · current · accessed 4 Sept 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.

Insta Loan · Amount / eligibilityEquity/hybrid 50% ₹25,000–₹10 lakh; debt 75% ₹25,000–₹1 crore; 700+, age 18+

This value is copied from Canara Insta and Ready Cash 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 · 2 rows · 4 columnsCanara Insta MF and Ready Cash termsPublished limits, eligibility, fees and repayment terms from official Canara pages.View tableHide table

Scroll sideways to view every column

Canara Insta MF and Ready Cash terms
ProductAmount / eligibilityTenureFees / security
Insta LoanEquity/hybrid 50% ₹25,000–₹10 lakh; debt 75% ₹25,000–₹1 crore; CIC 700+, age 18+36-month term or annual renewalLien on folio; 0.60% + (₹1,000–₹10,000); review 0.30% +
Ready Cash₹50,000–₹10 lakh; salary credit ₹50,000/month; CIC 700+; age 21–55; NTH 25% or ₹10,00012–60 monthsNil margin/security; 0.50% (₹500–₹2,500) plus taxes
Canara loan product pages · Quantum; Eligibility; Repayment; Charges; Security · accessed 30 Aug 2026Open official source ↗
Table 2 · 2 rows · 7 columnsCanara Ready Cash and Kisan Credit Card termsView tableHide table

Scroll sideways to view every column

Canara Ready Cash and Kisan Credit Card terms
ProductEligible customerAmountRateSecurityRepaymentFees
Ready CashExisting salaried Canara customer₹50,000–₹10 lakhNot publishedUnsecured; co-obligation waived12–60 months0.50%; ₹500–₹2,500 + taxes
Kisan Credit CardOwner/tenant farmers, sharecroppers, /Scale-of-finance and area based; no universal maximumAgricultural schedule appliesHypothecation; land mortgage/charge above ₹2 lakhWC 5 years annual review; TL up to 5 yearsNot published
Canara Ready Cash and Kisan Credit Card pages · Complete product tables · accessed 4 Sept 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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