Effective from 01/01/2014, interest structure and Card rates on
Canara
Bank Housing loan revised as under:
(Base Rate : 10.20% with effect from 01/01/2014)
Rates of interest on Housing loans, irrespective
of the repayment tenor:
Upto Rs.75 lakhs
|
Above Rs. 75
lakhs
|
Base Rate i.e.,
at 10.20% (presently)
|
Base Rate +
0.25% i.e., at 10.45% (presently)
|
Interest rate structure on Housing Loans rationalized;
now uniform rates
of interest across all repayment tenors.
HOUSING LOANS*
|
ROI
|
|
Amount
|
||
Upto Rs.75 lacs
|
BR
|
|
> Rs
75 lacs
|
BR+0.25 %
|
*The above rate applies to Home Loans to
Agriculturists and NRIs also.
PREMIUM HOUSING
LOANS TO HIGH NETWORTH INDIVIDUALS
|
BR +0.10%
|
CANARA HOME LOAN PLUS: BR+3.75% or
ROI charged on housing loan, whichever is higher
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