Canara BankHome Loan Interest Rates
Transfer your home loan to Canara Bank and enjoy competitive interest rates starting from 7.40%. With special concessions for women borrowers and government employees, Canara Bank offers attractive rates with minimal processing fees and excellent customer service.
Starting Rate
7.4% p.a.
Max Loan Amount
₹5,00,00,000
Max Tenure
360 years
EMI for ₹50L
₹39,974
Why Choose Canara Bank Balance Transfer?
Lowest Rates for Women
Special 0.50% interest rate concession for women borrowers
Government Employee Benefits
Preferential rates for govt/PSU/MNC employees
Low Processing Fee
Minimal processing charges of 0.50%
Quick Processing
Fast approval and disbursement
Flexible Repayment
Tenure up to 30 years
Nationwide Presence
Strong branch network across India
Canara Bank Balance Transfer Rates
Compare our competitive rates and see how much you can save by transferring your home loan.
| Customer Category | Interest Rate Range | Special Conditions |
|---|---|---|
| Salaried (Govt/PSU/MNC) | 7.4% - 8.1% |
|
| Salaried (Others) | 7.45% - 8.15% |
|
| Self-Employed | 8.5% - 9.95% |
|
| Women Borrowers | 6.9% - 7.6% |
|
Your Home Loan Journey in 4 Simple Steps
From application to approval in just 48 hours with our streamlined digital process
Check Eligibility
Use our instant eligibility checker to know your loan amount in 60 seconds
Submit Documents
Upload required documents digitally through our secure portal
Bank Processing
Our partner banks verify your documents and process your application
Loan Disbursal
Receive funds directly in your account after final approval
Eligibility & Documentation
Check if you qualify for Canara Bank home loan and documents required
Eligibility Criteria
- Minimum 12 months of regular repayments
- No defaults or delayed payments in last 12 months
- Good repayment history
- Minimum Credit score of 650
- 700+ for best rates
- Clean credit report
- 21-70 years at application
- Loan maturity before 70 years
- Co-applicants accepted
- Salaried: Minimum ₹20,000 net monthly
- Self-employed: Minimum ₹3 lakhs annual
- Stable income for 2+ years
- Completed property with clear title
- Property in bank-approved areas
- All necessary approvals in place
Documents Required
- Aadhaar Card
- PAN Card
- Passport/Driving License
- Utility bills for address proof
- Last 3 months salary slips
- Form 16 for last 2 years
- Bank statements for 6 months
- Employment certificate
- ITR for last 3 years
- Audited financial statements
- GST returns
- Bank statements for 12 months
- Current loan account statement
- Original sanction letter
- Outstanding loan certificate
- Property documents with current lender
- Sale deed/Agreement to sell
- Property registration documents
- Approved building plan
- Property tax receipts
- Occupancy certificate
Processing Fees
Meet all the eligibility criteria? Apply now for instant approval!
Start Your Application5 Million+ Happy Homeowners
Real stories from customers who achieved their dream of homeownership with MoneyKarma
Priya Sharma
Mumbai, Maharashtra
“MoneyKarma made my dream of owning a home in Mumbai a reality. Their team helped me get the best rate from HDFC Bank, saving me lakhs in interest. The entire process was digital and hassle-free.”
Loan Amount
₹85 Lakhs
Bank
HDFC Bank
Interest Saved
₹4.2 Lakhs
Approval Time
3 days
More Success Stories
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Canara Bank Balance Transfer FAQs
Get answers to commonly asked questions about balance transfer
Still have questions? Contact our support team
Start Your Canara Bank Balance Transfer Today
Join thousands of satisfied customers who have saved lakhs by transferring their home loan to Canara Bank. Get started with your balance transfer application now.
Apply for Balance Transfer