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Canara Bank’s home loan interest rate ranges from 6.90% to 10.05%, with loan tenure extending up to 30 years. The processing fee stands at 0.50% of the loan amount. Both salaried and self-employed individuals can apply for Canara Bank home loan that can be availed for home purchase, plot purchase, home construction, and home renovation.
Canara bank home loan interest rates are linked to Repo Linked Lending Rate (RLLR). Currently, the RLLR of the bank is 6.90% w.e.f. 07.11.2019. For existing Canara Bank customers, the bank’s current 1-year Marginal Cost of Funds based Lending Rate (MCLR) is 8.35%, effective from November 7, 2019. The current Canara Bank housing loan interest rate (linked to RLLR) is 6.90% onwards.
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This video is for educational purposes only. There is no guarantee that you will earn any money using the techniques and ideas mentioned in this video. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice.