3 Crore Home Loan Canara Bank

Owning an ideal home may start with the right home loan. One such loan is Canara Bank's 3 Crore home loan, as it features lower interest rates, flexible repayment plans, reduced processing fees, and a complimentary credit card, making it a more budget-friendly home loan. However, there is a lot to consider before finalising your decision. Since informed decisions are the best, Urban Money provides a complete overview of this remarkable credit option. We primarily cover details about the expected 3 Crore home loan EMI at Canara Bank, applicable interest rates, eligibility, documentation, associated fees, and more. Let’s dive in.

3 Crore Home Loan Canara Bank – Highlights 

Here are the Canara Bank home loan interest rate for 3 Crore and other key parameters: 

3 Crore Home Loan EMI for 10 Years Canara Bank 

Here are the expected 3 Crore home loan EMI for 10 years at Canara Bank:

3 Crore Home Loan EMI for 20 Years Canara Bank 

Here are the expected 3 Crore home loan EMI for 20 years at Canara Bank:

3 Crore Canara Bank Home Loan – Fees and Charges 

In addition to the 3 Crore home loan EMI at Canara Bank, there are several fees and charges associated with this loan, such as:

3 Crore Canara Bank Home Loan – Documents Required 

Let’s examine the required documents for  the Canara Bank 3 Crore home loan:

• Proof of Identity: Aadhaar card, PAN card, driver’s license, passport, voter ID card, etc.
• Proof of Address: Driver’s license, voter ID card, electricity bill, telephone bill, etc.
• Proof of Income: salary slip/business proof, bank statement, and IT returns. 

3 Crore Canara Bank Home Loan – Eligibility Criteria

3 Crore home loan eligibility at Canara Bank is as follows: 

• Age Limit: You must be aged between 21 and 60 years old.
• Work Experience: You must have at least 2 years of working experience or business continuity. 
• Income  Requirement: You must have a solid source of income sufficient to cover the loan EMI. 
• Credit Score: You must have a positive repayment history and a good credit score.
• Residential Status: You must be either a Resident Indian (RI) or a Non-resident Indian (NRI).