Canara Bank Personal Loan of 25000

Canara Bank offers personal loans up to Rs. 25,000 with flexible repayment options ranging up to 74 months. This versatile loan can be utilised for diverse personal needs, including shopping, rent payments, and managing unforeseen medical emergencies. Customers can benefit from competitive interest rates and a hassle-free application process requiring minimal documentation for a Canara Bank personal loan of Rs. 25,000.

Personal Loan Options for 25000 in Canara Bank 

Canara Bank offers six types of personal loans.

• Canara Home Loan Plus – Personal loan option to offset existing home loan interests.
• Canara Budget (Prime and Delight) – Instant 25000 loan from Canara Bank for personal needs.
• Canara Pension – Personal loan option for pensioners of government and corporate undertakings.
• Teachers Loan – Special personal option for teaching and non-teaching staff with Canara Bank salary account.
• Canara Pension for Canara Ex-Employees – Specially curated personal loans for retired employees of Canara Bank.
• Canara Cash – Secured personal loans issued against collateral of Shares, Debentures, Bonds and Units.

Features of Canara Bank 25000 Personal Loan 

Canara Bank, one of the leading financial institutions in India, offers 25000 personal loans with instant approval. Here are some of the features of Canara Bank’s personal loan of 25000, which make it an attractive choice.

• Options of fixed or variable EMI.
• No processing charges on Canara Budget 25000 or greater personal loan EMI plan.
• Renewal is available after 2 years in Overdraft.
• Maximum up to 84 months repayment tenure.

Can I get 25000 personal loan instantly from Canara Bank? 

It is possible to get an instant 25000 loan from Canara Bank with a pre-approved offer or a high credit score of above 750.

What is the EMI for 25000 loan? 

Here are a few projections of different EMI plans for a 25000 loan at an interest rate of 9.25%.

Canara Bank personal loan of 25000 EMI plan with a repayment tenure of 1 year.

Canara Bank personal loan of 25000 EMI plan with a repayment tenure of 5 year.

Eligibility Criteria 25000 loan in Canara Bank 

Here are the important criteria for 25000 personal loan eligibility of Canara Bank.

• Salaried applicants must have proven 1 year of work experience in their current company.
• Government/Corporate employee.
• Applicant must have a co-signer for co-obligation.

Documents Required 25000 Canara Bank loan 

Here is a list of the necessary 25000 personal loan documents by Canara Bank.

• Identity and address proof (passport/PAN card /Voter ID card/driving license/Aadhaar)
• Last three months’ salary slip for salaried.
• Form-16 for the last 3 years.
• Income Tax Returns for the last 3 years.
• Delivery letter to DPN (Only for Canara Pension Personal Loan)

How to Apply for 25000 Personal loan From urban money?

Applying for a Canara Bank personal loan of 25000 from Urban Money is easy. 

• Head to the personal loans section on Urban Money website. 
• Select Canara Bank to enter query details.
• Enter the Loan Amount, Monthly Net Salary, Estimated EMIs and Tenure
• Send your request and wait for approval.