Canara Bank has unveiled an incredible home loan offer for anyone looking for a low interest home loan. The bank announced that it would provide home loans with low interest rates starting at 6.65% with no processing or documentation fees. On December 2, 2021, the bank made the announcement and said via its Twitter handle that “With zero processing and documentation fees, benefit from the Canara home loan at an attractive interest rate @ 6.65% * pa “
This agreement is for a limited period and regardless of the amount of the loan, the interest rate of 6.65% will be applicable on the Canara home loan. Customers can also apply for a home loan from the bank digitally by scanning a QR code and the option is named “scan and apply”, “get instant approval” by the bank. Customers will be able to get quick loan approval using this online option, according to the bank. This QR code option is also accessible for auto loans, education loans, gold loans, and personal loans.
With zero processing and documentation fees, benefit from the Canara home loan at an attractive interest rate @6.65%* per year
*Terms and conditions apply
– Canara Bank (@canarabank) December 2, 2021
Canara Bank Home Loan Interest Rates
|Home loan||CIC – RISK GRADE||RLLR||Women borrowers||Other borrowers|
|CREDIT RISK PREMIUM ON RLLR||EFFECTIVE ROI UNDER RLLR||CREDIT RISK PREMIUM ON RLLR||EFFECTIVE ROI UNDER RLLR|
|Purchase / Construction / Extension / Repair or renovation of house.||CS: 1||6.9||0||6.9||0.05||6.95|
|Source: Bank website|
Those interested in applying for this offer can visit https://canarabankcsis.in/retail/Main.aspx or can call 1800 425 0018, 1800 103 0018 for more information.
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Article first published: Sunday, December 5, 2021, 10:02 a.m. [IST]