Canara Bank Car Loan | Canara Bank Car Loan Interest Rate | Complete Details - BankBazaar

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Canara Bank Car Loan

Canara Bank offers loans for buying new/used four wheeler and new two wheeler. Salaried persons, professionals and business people and firms/corporates, with qualifying income and required repayment capacity are eligible.

Features & Benefits of Canara Bank Car Loan

Interest is charged on the daily reducing balance. So you don't have to pay interest even for a day extra on the portion repaid by you
Canara Bank will provide you loan upto 90% of the on road price. There is no ceiling on maximum loan amount of car loan
In some zero percent finance offers, the terms are normally upto one year only.Canara Bank offers convenient Equated Monthly Instalments(EMI) upto 72 months

Details of Canara Car Loan. Use our calculator to compare offers from multiple banks
Interest Rate (Daily reducing balance)	11% fixed
Processing Fees	0.1% of Loan Amount, with minimum of Rs 250 and maximum of Rs. 500
Preclosure charges	Nil
Loan Tenure	1 year to 6 years
Loan Amount	Upto 90% for new vehicles 75% for old vehicles with maximum as Rs 6 lakhs
Guarantor Requirement	Guarantor is mandatory

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Recently made loan offers

Rs.5.45 lakhs for Rs.17,972 EMI

9.50% Rate 48 Tenure

Total Interest PayableRs. 101,989

Total Tax + FeesRs. 10,900

Total Interest + FeesRs. 112,889

Submitted 31 minutes ago

Rs.4.60 lakhs for Rs.12,001 EMI

9.50% Rate 48 Tenure

Total Interest PayableRs. 116,045

Total Tax + FeesRs. 11,500

Total Interest + FeesRs. 127,545

Submitted 41 minutes ago

Rs.5.85 lakhs for Rs.19,291 EMI

9.50% Rate 48 Tenure

Total Interest PayableRs. 109,475

Total Tax + FeesRs. 14,625

Total Interest + FeesRs. 124,100

Submitted 54 minutes ago

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    <option value="5">May</option>
    <option value="6">Jun</option>
    <option value="7">Jul</option>
    <option value="8">Aug</option>
    <option value="9">Sep</option>
    <option value="10">Oct</option>
    <option value="11">Nov</option>
    <option value="12">Dec</option>

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    <option value=""
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    <option value="2010">2010</option>
    <option value="2009">2009</option>
    <option value="2008">2008</option>
    <option value="2007">2007</option>
    <option value="2006">2006</option>
    <option value="2005">2005</option>
    <option value="2004">2004</option>
    <option value="2003">2003</option>
    <option value="2002">2002</option>
    <option value="2001">2001</option>
    <option value="2000">2000</option>
    <option value="1999">1999</option>
    <option value="1998">1998</option>
    <option value="1997">1997</option>
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    <option value="1995">1995</option>
    <option value="1994">1994</option>
    <option value="1993">1993</option>
    <option value="1992">1992</option>
    <option value="1991">1991</option>

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        </td>
        <td>
            <span style="margin-right:7px;">EMI</span>
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Canara Bank Car Loan

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