- Home
- Home Loan
- Canara Bank
- 2 Crore Home Loan
2 Crore Canara Bank Home Loan
- Home Loan By Amount
- Home Loan By Profession
- Home Loan By Scheme
- Home Loan By Property
Looking to buy your dream home but struggling to find the right home loan for your needs? Check out Canara Bank's ₹2 crore home loan, offering competitive interest rates starting at 8.40% per annum and flexible EMIs. With a repayment tenure of up to 30 years, you can repay your home loan comfortably through budget-friendly monthly payments. Canara Bank's ₹2 crore home loan comes with added benefits, including the option for life insurance coverage for extra financial security. Stay worry-free and turn your dream of owning a home into reality with Canara Bank's transparent and simple loan process.
- Personalized Home Loan solutions
- Expert guidance
- Application assistance
- Credit score discussion
- Home Loan Interest rate comparison
Table of Content



Key Highlights – 2 Crore Canara Bank Home Loan
Refer to the table below to understand the key highlights of a 2 crore Canara Bank home loan:
Feature | Details |
Interest Rates | 8.40% to 11.75% (Repo Linked Lending Rate: 9.25%). Mean rate: 9.35%. |
Processing Charges | 0.50% of loan amount (₹1,500 to ₹10,000 + GST). |
Repayment Tenure | Up to 30 years or until age 75, whichever is earlier. |
Eligibility | Salaried (2+ years of service) or self-employed (3+ years in the profession); repay before age 75. |
Prepayment Charges | No penalty for floating-rate loans. |
Special Offer | 100% waiver on processing charges during the Retail Loan Festival. |
2 Crore Canara Bank Home Loan EMI for 5 Years
Refer to the table below to know the Canara Bank’s housing loan EMI, availed at an interest rate of 9.50% p.a., for a tenure of 5 years:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total Amount Payment |
₹2 crore | 9.50% p.a. | 5 years | ₹4,20,037 | ₹52,02,234 | ₹2,52,02,234 |
2 Crore Canara Bank Home Loan EMI for 10 Years
Details of Canara Bank’s home loan EMI at a 9.50% annual interest rate for a 10-year tenure are provided in the table below:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total Amount Payment |
₹2 crore | 9.50% p.a. | 10 years | ₹2,58,795 | ₹1,10,55,414 | ₹3,10,55,414 |
2 Crore Canara Bank Home Loan EMI for 15 Years
The following table mentions the EMI for a Canara Bank housing loan with a 9.50% p.a. interest rate over a repayment period of 15 years:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total Amount Payment |
₹2 crore | 9.50% p.a. | 15 years | ₹2,08,845 | ₹1,75,92,089 | ₹3,75,92,089 |
2 Crore Canara Bank Home Loan EMI for 20 Years
Information regarding the EMI for a Canara Bank home loan at a 9.50% interest rate for a tenure of 20 years is presented below:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total Amount Payment |
₹2 crore | 9.50% p.a. | 20 years | ₹1,86,426 | ₹2,47,42,297 | ₹4,47,42,297 |
2 Crore Canara Bank Home Loan EMI for 25 Years
Find the EMI for Canara Bank’s housing loan, availed at a 9.50% annual interest rate, for a 25-year term in the table below:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total Amount Payment |
₹2 crore | 9.50% p.a. | 25 years | ₹1,74,739 | ₹3,24,21,800 | ₹5,24,21,800 |
2 Crore Canara Bank Home Loan EMI for 30 Years
Presented below is a table detailing the EMI for a Canara Bank home loan at a 9.50% p.a. interest rate over a 30-year duration:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total Amount Payment |
₹2 crore | 9.50% p.a. | 30 years | ₹1,68,171 | ₹4,05,41,503 | ₹6,05,41,503 |
Fees & Charges of a 2 Crore Canara Bank Home Loan
Following are the fees & charges of a 2 crore Canara Bank home loan:
Fee/Charge | Amount |
Processing Fee | 0.50% of the loan amount, with a minimum of ₹1,500 and a maximum of ₹10,000, plus applicable GST |
Prepayment Charges | No prepayment penalty for loans with floating interest rates |
Documentation Charges | ₹100 per lakh of the loan amount, subject to a minimum of ₹1,000 and a maximum of ₹25,000 |
2 Crore Canara Bank Home Loan – Documents Required
Make sure you have the following documents ready to avail a 2 crore Canara Bank home loan:
- Application Form: Submit a duly filled and signed home loan application form with passport-sized photographs of the applicant and co-applicants.
- Identity Proof: Provide identity proof such as a PAN Card, Passport, Voter ID, Driving License, or Aadhaar Card.
- Address Proof: Submit address proof like recent utility bills (electricity or telephone), Passport, Aadhaar Card, Voter ID, or Driving License.
- Age Proof: Provide age proof through documents like a Birth Certificate, PAN Card, Passport, or 10th Standard Marksheet.
- Income Proof for Salaried Individuals: Submit the latest 3 months’ salary slips, Form 16, and bank statements showing salary credits for the last 6 months.
- Income Proof for Self-Employed Individuals: Provide Income Tax Returns for the last 3 years, Balance Sheet and Profit & Loss Account, proof of business existence, and bank statements for the last 6 months.
- Property Documents: Include Sale Deed, Agreement to Sell, or Allotment Letter; Approved Building Plan and Title Deeds; Encumbrance Certificate for the past 13 years; and latest property tax receipts.
- NOC and Society Documents: Submit a No Objection Certificate (NOC) from the housing society or builder, if applicable.
- Employment Proof: Salaried individuals should provide an employment confirmation or appointment letter, while self-employed individuals need to submit a business registration certificate or professional practice license.
- Additional Requirements: Submit a processing fee cheque, authorisation for credit checks, and extra passport-sized photographs as required.
2 Crore Canara Bank Home Loan – Eligibility Criteria
Applicants have to meet the following eligibility criteria to obtain a 2 crore Canara Bank home loan successfully:
Eligibility Criteria | Details |
Age | Minimum: 21 years; Maximum: 75 years (loan to be repaid before age 75). |
Employment Type | Salaried: 2+ years of service (6+ months in current organisation); Self-employed: 3+ years in business. |
Income | Salaried: Minimum ₹25,000 monthly; Self-employed: Minimum ₹3,00,000 annual income. |
Credit Score | A good credit score is preferred (specific threshold not specified). |
Nationality | Applicable for Resident Indians, NRIs, PIOs, and OCIs. |
Frequently Asked Questions (FAQs)
What is the EMI for a ₹2 crore Lakh Home Loan for 20 years in Canara Bank?
Rs 1,86,426 is the applicable EMI for a 2 crore Canara Bank home loan if availed at an interest rate of 9.50% per annum.
Who is eligible for a ₹2 crore home loan in Canara Bank?
Individuals aged 21-75 with stable income (₹25,000/month for salaried or ₹3,00,000/year for self-employed) and a good credit score are eligible for a ₹2 crore home loan in Canara Bank.
What is the monthly interest rate of a ₹2 crore home loan in Canara Bank?
The monthly interest rate of a 2 crore Canara Bank home loan starts at 0.7%.
Quick Links
Loan Offers By Canara Bank's
Home Loan by Private Bank
- Reliance Capital Home Loan
- DCB Bank Home Loan
- ICICI Bank Home Loan
- YES Bank Home Loan
- RBL Bank Home Loan
- Federal Bank Home Loan
- IDFC FIRST Bank Home Loan
- HDFC Bank Home Loan
- Axis Bank Home Loan
- Kotak Bank Home Loan
- Deutsche Bank Home Loan
- karur Vysya Bank Home Loan
- Housing Development Finance Corporation Home Loan
- IndusInd Bank Home Loan
- karnataka bank Home Loan
- LIC Housing Finance Home Loan
- HSBC Home Loan
- IDBI Bank Home Loan
- CITI Bank Home Loan
- HDFC Sales Home Loan
Home Loan by Nationalized Bank
Home Loan by NBFC
- Clix Capital Home Loan
- Hero Housing Finance Home Loan
- Hero FinCorp Home Loan
- Vastu Housing Finance Home Loan
- Aadhar housing Finance Home Loan
- DHFL Home Loan
- Muthoot Finance Ltd Home Loan
- Edelweiss Financial Services Home Loan
- Piramal Housing Finance Home Loan
- Fullerton India Home Loan
- Capri Global Home Loan
- Capital First Ltd. Home Loan
- Poonawalla Fincorp Limited Home Loan
- Cholamandalam Finance Home Loan
- IndiaBulls Home Loan
- Ujjivan Small Finance Bank Home Loan
- Tata Capital Housing Finance Limited Home Loan
- L&T Finance Home Loan
- Aditya Birla Finance Limited Home Loan
- Godrej Housing Finance Home Loan
- Punjab National Bank Housing Finance Home Loan
- IIFL Finance Home Loan
- Bajaj Finserv Home Loan
- Home First Finance Company Home Loan
Home Loan Calculators