| Interest Rate | 9.70% -15.15% p.a. |
| Loan Amount | Up to Rs 10 lakh |
| Loan Tenure | Up to 7 years |
| Processing Fees | 0.50% (Min. Rs 1,000 to Max. Rs 5,000)- 50% off on processing fee |
| Prepayment/Foreclosure Charges | NIL |
Rates as of 24th April 2026
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| Interest Rate | 9.70% -15.15% p.a. |
| Loan Amount | Up to Rs 10 lakh |
| Loan Tenure | Up to 7 years |
| Processing Fees | 0.50% (Min. Rs 1,000 to Max. Rs 5,000)- 50% off on processing fee |
| Prepayment/Foreclosure Charges | NIL |
Rates as of 24th April 2026
Canara Bank Personal Loan Rate of Interest start from 9.70% p.a. The bank considers the occupation profile and credit risk grade of its applicants while setting the personal loan interest rates.
| Loan Type | Floating Rates | Fixed Rates |
| Canara Budget- Individual | 12.65% - 14.70% p.a. | 13.10% - 15.15% p.a. |
| Canara Budget- Prime (with salary tie-up) | 9.70% - 14.70% p.a. | 10.15% - 15.15% p.a. |
| Canara Budget- Prime (without salary tie-up) | 10.70% - 14.70% p.a. | 11.15% - 15.15% p.a. |
| Canara Budget- Delight (with salary tie-up) | 10.70% p.a. | 11 15% p.a. |
| Canara Pension Loan | 10.75% p.a. | 11.25% p.a. |
| Canara Budget Special Package | With salary tie-up: 12.40% Without salary tie-up: 13.40% |
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Applicants planning to avail marriage loan can also avail various personal loan schemes offered by Canara Bank to meet their marriage related expenses. Canara Bank personal loan eligibility criteria set for such applicants is mentioned below:
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Avail Personal Loan for
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| Personal Loan Schemes | Processing Charges |
| Canara Budget | 0.5% (Rs 1,000-Rs 5,000)- 50% off on processing fee |
| Canara Pension | NIL |
| Teachers’ Loan | 1% (minimum Rs 50) |
Canara Bank does not charge any prepayment charges from its personal loan applicants.
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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
Address: Paisabazaar Marketing & Consulting Pvt. Ltd. 135 P, Sector 44, Gurugram (HR) 122001
Get up to ₹50 Lakhs starting at 9.98%*
Get up to ₹50 Lakhs starting at 9.98%*

Get up to ₹50 Lakhs starting at 9.98%