35 Lakh Home Loan Canara Bank

An ideal home may start with the right home loan. The Canara Bank home loan is one such loan for homeownership. It features lower interest rates, minimal processing fees, no prepayment charges, and a complimentary credit card, making it a more cost-effective credit option. The repayment period can extend up to 30 years or the age of 60, whichever comes earlier, further enriching the overall appeal of this remarkable credit option. However, there are certain things you might be aware of before finalising your decision. These can include 35 lakh home loan EMI Canara Bank, associated fees, eligibility, and required documentation. Let’s scroll down to see further. 

35 Lakh Home Loan Canara Bank – Highlights 

Canara Bank’s home loan interest rate of 35 lakh and other key parameters are as follows: 

35 Lakh Home Loan EMI for 10 Years Canara Bank 

Following is the 35 lakh home loan EMI Canara Bank for a 10-year loan tenure:

35 Lakh Home Loan EMI for 20 Years Canara Bank 

Following is the 35 lakh home loan EMI for 20 years Canara Bank:

35 Lakh Canara Bank Home Loan – Fees and Charges 

Let’s examine the applicable fees and charges, in addition to Canara Bank housing loan EMI for 35 lakh:

35 Lakh Canara Bank Home Loan – Documents Required 

Following are the required documents for a 35 lakh home loan EMI with Canara Bank:

• Identity Proof: Aadhaar card, PAN card, driver’s license, passport, voter ID card, etc.
• Address Proof: Driver’s license, voter ID card, electricity bill, telephone bill, etc.
• Salaried Individuals: Past 6-month bank statement, last 3-year IT returns, and recent salary slip. 
• Self-Employed Individuals: Past 3-year balance sheet, profit & loss account, ITR/ITAO certificate, bank statement, business proof, and a brief note on the nature of business. 

35 Lakh Canara Bank Home Loan – Eligibility Criteria 

35 lakh home loan eligibility in Canara Bank is as follows: 

• Age Limit: You must be somewhere between 21 and 60 years old.
• Residential Status: Available for both Resident Indians (RI) and Non-resident Indians (NRI).
• Employment Type: Open to salaried individuals, businessmen, professionals, and self-employed individuals.
• Employment Experience: You must have at least 2 years of working experience or business continuity. 
• Income Requirement: Up to 72 times your last drawn monthly gross salary or 6 times your annual gross business income.
• Credit Score: You must have a positive repayment history and a good credit score; typically, a score of 700 or above is considered ideal.