Canara Bank Credit Card

The features and benefits of Canara Bank credit cards are given below:

Canara Bank Visa Classic/MasterCard Standard Credit Card

Canara Bank Visa Classic Credit Card and the MasterCard Standard Credit Card share the same features as given below:

EMI Facility – Pay off outstanding balance on a monthly basis via EMIs. Do note that the minimum amount due will have to be paid.

Cash Advance Limit – Get up to 50% of the total credit limit as cash limit and withdraw up to Rs. 50,000 in a day.

Insurance coverage – Get following insurance coverage:

• Air accident insurance coverage: Self Rs. 4.00 lakh; Spouse Rs. 2.00 lakh
• Accidental death coverage: Self Rs. 2.00 lakh; Spouse Rs. 1.00 lakh

Free Credit Period – Get up to 50 days of interest free credit period.

Billing Date – The billing date and due dates are:

• Canara Card VISA Classic – Billing Date will be 20^th of every month while Due date for payment will be 10^th of the upcoming month
• Canara Card MasterCard Standard – Billing Date will be the last date of the month while Due date for payment will be 20^th of the next month

Canara Bank Global Gold Credit Card

Canara Global Gold credit card is a premium credit card that offers higher insurance coverage among other benefits. The details of the credit card are given below.

EMI Facility – Outstanding balance can be paid off on a monthly basis via EMIs.

Cash Advance Limit – Withdraw up to 50% of the total credit limit. Maximum limit of cash withdrawal is at Rs. 50,000.

Insurance coverage – Following insurance coverage is provided:

• Air accident insurance coverage: Self Rs. 8.00 lakh; Spouse Rs. 4.00 lakh
• Accidental death coverage: Self Rs. 4.00 lakh; Spouse Rs. 2.00 lakh

Free Credit Period – Get up to 50 days of interest free credit period.

Statement Cycle Dates – The billing date and due dates are:

• VISA Gold Cards – Billing Date will be 20^th of every month while Due date for payment will be 10^th of the upcoming month
• MasterCard Gold Cards – Billing Date will be the last date of the month while Due date for payment will be 20^th of the next month

Canara Bank Corporate Credit Card

The card is designed for businesses. The credit limit on the credit card can go up to Rs. 100 Lakh which will ensure that the firm’s business runs smoothly. Do note that this card is given only to non-individuals; like, partnership firms, solicitors, etc. Other details are:

Worldwide Acceptance – The credit card can be used worldwide wherever VISA cards are accepted.

Interest Free Period – Get up to 50 days of interest free period.

Cash Withdrawal – The cash withdrawal limit is Rs. 5 Lakh. Customers can withdraw cash up to 50% of the credit limit.

Common charges applicable to all Canara Bank credit cards are shown in the table below:

Eligibility Criteria

Canara Bank credit cards are offered to individuals who meet the eligibility criteria set by the bank. These include your credit score, age, monthly income, location, etc.

The bank mandated eligibility criteria are:

Documents Required for Canara Bank Credit Card Application

Certain documents are also required in order to process Canara Bank credit card application. These are given in the table below.

Documents Required for Canara Bank Corporate Credit Card

• Board Resolution papers as per the Performa furnished by the Bank or credit card division
• Partnership deed in case of firms or Memorandum of Association and Articles of Association for companies
• Financial statements of the company for the last 3 years
• Any relevant constitution papers or financial papers

You can apply for Canara Bank credit cards by visiting the nearest Canara Bank branch. At the bank, contact an official who will guide you through the process. Submit the required documents along with the photographs to process the application. The bank will then review the documents and upon successful verification dispatch the credit card.

In case of any issues customers can get in touch with Canara Bank credit card customer care cell. The toll-free number is

1800-425-0018

Additional details can be found here.

How can I know my Canara Bank credit card balance?
You can call on the customer care helpline number to know your credit card balance. The number is 1800-425-0018. If you want to know the complete statement, follow the steps given here.

What is the minimum salary to apply for Canara Bank credit card?
The minimum salary must be Rs. 1 Lakh per annum.

Does the bank offer loans on credit cards?
No, the bank does not provide loans against credit cards.

Can I convert my outstanding bills into EMIs?
Yes, you can convert your outstanding balance into EMIs as long as they pay the minimum amount due.

Can I apply for Canara Bank Credit Card online?
No. Canara Bank does not provide online application facility. You must visit the nearest branch to apply.

What is the validity period of Canara Bank credit cards?
The validity period of the credit cards is 3 years. This is a security measure and ensures that all the credit cards are updated with the latest security protocols.

Can I request for a credit limit enhancement?
You may try to get your credit limit increased. Do note that the decision is at the bank’s sole discretion. Contact the customer care cell to get request for credit card limit increase.