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Benchmark Prime Lending Rate (BPLR) of the Bank – 13.75% wef
04.02.2011 – Click here to view on loans/ advances under BPLR


    Benchmark Prime Lending Rate (BPLR) – 13.75% w.e.f. 04.02.2011

Note: The ROI furnished below are applicable for loans/ advances
      sanctioned before 30.06.2010

                              Retail Lending Loans

Housing loans (Card rates):
                                                                   ROI (%)   p.a.
Repayment                        Upto        Above Rs.30 Above Rs.1           Above
                                 Rs.30       lacs upto      crore upto        Rs.3
                                 lacs        Rs.1 crore     Rs.3 crore        crore
                                                       Floating
Upto 5 years                       10.50         11.00          11.25
Above 5 years & upto 10 years      10.75         11.25          11.75          14.25
Above 10 years & upto 25 years     11.00         11.75          12.75

Additional interest @ 0.25% above the card rates as above for acquisition of second
house/ flat shall continue to be charged

Personal Loans                                                       ROI (%) p.a.
Home Improvement loan
Where EMT of the house/flat is available in respect of               As applicable
loan availed as part of our housing finance OR where                  to Housing
housing finance earlier availed by the party from our                   Finance
Bank is existing (without any overdues)

In all other cases other than the above                                  13.75
CANARA SITE
 i. Loans repayable in 5 years (inclusive of 5 years)                    16.25
 ii. Existing loans repayable over 5 years (Max. 10 years)               16.25
SWARNA LOAN                                                              14.50
CANARA CASH                                                              16.25
CANARA BUDGET                                                            16.25
TEACHERS' LOAN                                                           16.25
CANARA PENSION (SENIOR CITIZEN LOAN SCHEME)                              13.75
CANARA JEEVAN (Fixed ROI)                                                10.50

                                   Navaratna                        Others
CANARA RENT                         14.75%                          15.25%

CANARA MORTGAGE                                                         15.50%

CANARA MOBILE LOANS:

 First 12 months                         8.50% (fixed rate)
 Next 24 months                          9.50% (fixed rate)
 Above 36 months upto 60 months          11.75%
 Above 60 months                         12.25%

 CANARA TRADE                                               13.75%
Educational Loans:

  Particulars                                                  ROI (%) p.a.
 Upto Rs.4 lacs                                                   12.75
 Above Rs.4 lacs upto Rs.7.50 lacs                                13.75
 Above Rs.7.50 lacs upto Rs.20 lacs                               11.50
 Non-priority Education Loans                                     17.00
 For students secured      admission in Birla Institute of        11.00
 Technology, Mesra, Ranchi, Indian School of Mining (ISM),
 Dhanbad & Xavier Labour Relations Institute (XLRI),
 Jamshedpur

Note:

   1. Reduction of 1.00% on the applicable ROI is extended to girl students
      for loans sanctioned since 01.12.2005.
   2. 0.50% concession in ROI extended on the applicable rate for prompt
      servicing of interest during study period/ repayment holiday

                                                             ROI (%) p.a.
  IPO Financing                                                   14.75
 Loans to individuals (secured) against approved                  16.75
  securities
 Loan to individuals (clean OD/DPN other than                     17.25
 Teachers’ loan)
 Loans against Debt Oriented Mutual Funds                         14.75
 BULC
 - upto 90 days                                                    9.25
 - Above 90 days upto 180 days                                    10.00
 Loans / Advances to Traders/ Business enterprises
 - Upto Rs. 2 lacs                                                14.25
 - Above Rs. 2 lacs                                               15.50

C. DOCTOR'S CHOICE SCHEME (medical Practitioners' Loan Scheme)
                                                             ROI (%) p.a.
                                      Micro Enterprises Small & Medium
                                                          Enterprises
           Aggregate limit
                                      Working Term Working Term
                                       capital Loans    Capital   Loans
   Upto Rs. 50000                       10.50   11.00    11.00    11.50
   >Rs. 50000 upto Rs. 2.00 lacs        11.00   11.50    11.50    12.00
   > Rs. 2 lacs upto Rs.5 lacs          11.25   11.75    11.75    12.25
   > Rs. 5 lacs upto Rs.10 lacs         12.25   12.75    12.75    13.25

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BPLR_Rates_11feb11.pdf

  • 1. Benchmark Prime Lending Rate (BPLR) of the Bank – 13.75% wef 04.02.2011 – Click here to view on loans/ advances under BPLR Benchmark Prime Lending Rate (BPLR) – 13.75% w.e.f. 04.02.2011 Note: The ROI furnished below are applicable for loans/ advances sanctioned before 30.06.2010 Retail Lending Loans Housing loans (Card rates): ROI (%) p.a. Repayment Upto Above Rs.30 Above Rs.1 Above Rs.30 lacs upto crore upto Rs.3 lacs Rs.1 crore Rs.3 crore crore Floating Upto 5 years 10.50 11.00 11.25 Above 5 years & upto 10 years 10.75 11.25 11.75 14.25 Above 10 years & upto 25 years 11.00 11.75 12.75 Additional interest @ 0.25% above the card rates as above for acquisition of second house/ flat shall continue to be charged Personal Loans ROI (%) p.a. Home Improvement loan Where EMT of the house/flat is available in respect of As applicable loan availed as part of our housing finance OR where to Housing housing finance earlier availed by the party from our Finance Bank is existing (without any overdues) In all other cases other than the above 13.75 CANARA SITE i. Loans repayable in 5 years (inclusive of 5 years) 16.25 ii. Existing loans repayable over 5 years (Max. 10 years) 16.25 SWARNA LOAN 14.50 CANARA CASH 16.25 CANARA BUDGET 16.25 TEACHERS' LOAN 16.25 CANARA PENSION (SENIOR CITIZEN LOAN SCHEME) 13.75 CANARA JEEVAN (Fixed ROI) 10.50 Navaratna Others CANARA RENT 14.75% 15.25% CANARA MORTGAGE 15.50% CANARA MOBILE LOANS: First 12 months 8.50% (fixed rate) Next 24 months 9.50% (fixed rate) Above 36 months upto 60 months 11.75% Above 60 months 12.25% CANARA TRADE 13.75%
  • 2. Educational Loans: Particulars ROI (%) p.a. Upto Rs.4 lacs 12.75 Above Rs.4 lacs upto Rs.7.50 lacs 13.75 Above Rs.7.50 lacs upto Rs.20 lacs 11.50 Non-priority Education Loans 17.00 For students secured admission in Birla Institute of 11.00 Technology, Mesra, Ranchi, Indian School of Mining (ISM), Dhanbad & Xavier Labour Relations Institute (XLRI), Jamshedpur Note: 1. Reduction of 1.00% on the applicable ROI is extended to girl students for loans sanctioned since 01.12.2005. 2. 0.50% concession in ROI extended on the applicable rate for prompt servicing of interest during study period/ repayment holiday ROI (%) p.a. IPO Financing 14.75 Loans to individuals (secured) against approved 16.75 securities Loan to individuals (clean OD/DPN other than 17.25 Teachers’ loan) Loans against Debt Oriented Mutual Funds 14.75 BULC - upto 90 days 9.25 - Above 90 days upto 180 days 10.00 Loans / Advances to Traders/ Business enterprises - Upto Rs. 2 lacs 14.25 - Above Rs. 2 lacs 15.50 C. DOCTOR'S CHOICE SCHEME (medical Practitioners' Loan Scheme) ROI (%) p.a. Micro Enterprises Small & Medium Enterprises Aggregate limit Working Term Working Term capital Loans Capital Loans Upto Rs. 50000 10.50 11.00 11.00 11.50 >Rs. 50000 upto Rs. 2.00 lacs 11.00 11.50 11.50 12.00 > Rs. 2 lacs upto Rs.5 lacs 11.25 11.75 11.75 12.25 > Rs. 5 lacs upto Rs.10 lacs 12.25 12.75 12.75 13.25