Individualsapplying for Canara Bank Personal Loan need to provide a list of documents that can vary depending on their profiles. Here is a list of Canara Bank Personal Loan documents required by the bank during personal loan application.
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Canara Bank is an Indian public-sector bank founded in July 1906 in Mangalore. The bank offers a range of products and services, such as savings and current bank accounts, internet banking, fixed deposits and more. However, there can be reasons that can lead to the closure of your canara bank account. In this article, we will help you close your Canara Bank account.
When you want to close your Canara bank account, you may have to pay some charges to the bank. Hence, you must know the charges before you submit the application for closing the account in Canara Bank.
Account holders must obtain the account closure application form from the home branch to close the Canara bank current account. Once you receive the form, you must fill the form and submit it to the bank along with account-related documents such as ATM/debit cards, chequebooks (unused), passbooks, etc.
Currently, you cannot close the Canara Bank account online. To close your Canara Bank account, you must visit the bank branch where you have an account and ask for the account closure form from the bank officials. Once you get the form, you must fill it out and submit your documents to close your Canara Bank account.
Unfortunately, there is no service available at the moment through which you will be able to close your Canara Bank account without visiting the branch. You must visit Canara Bank branch in person where you have an account, obtain the account closure form and fill it out. Then, you will have to submit the form and the necessary documents by visiting the bank branch in person.
There is no service provided by Canara Bank through which you can opt for your account closure via net banking. Instead, you need to visit the bank in person, obtain the account closure form and submit it to the bank along with the required documents.
Overall, it is significant to understand how to close a Canara Bank account as it helps you seamlessly close your bank account. You can follow the outlined steps above to close your Canara Bank account. Nevertheless, if you face any issues while closing the bank account, you must contact the bank via customer care number or visit in person.
The closing charges of the Canara Bank account depend on the type of bank account you have and its timeframe. For the Canara Bank savings account, the closing charge vary between Rs. 200 and Rs. 100 + GST. Nevertheless, the current account closing charges range between Rs. 375 and Rs. 750, exclusive of GST.
The minimum balance in Canara Bank depends on the location of the branch where you are opening the account. For urban or metro branches, the average monthly balance is Rs. 2,000; for semi-urban branches, the balance is Rs. 1,000. Nevertheless, the rural branches have a minimum balance of Rs. 500.
Yes, Canara Bank offers various savings account where you can keep a zero balance, such as Small Savings Bank Deposit Account, Basic Savings Bank Deposit Account, Jeevan Dhara SB Account and NSIGSE Savings Bank Deposit Account.
Apply for Canara Bank home loan and get funding up to 60% of the eligible loan amount. The interest rate varies from 6.90% to 9.40% p.a. and a processing fee of 0.50% of the sanctioned loan amount is levied. You can repay the loan in flexible tenure of up to 30 years. The loan can be prepaid with no prepayment penalties in case of floating rate of interest.
Canara Bank Home Loans are easy to apply for and completely transparent. You can get a loan to purchase a residential or commercial property, renovate a residential or commercial property, purchase of plot and construction of property on the land and to transfer the balance of any existing Home Loan with another bank or NBFC.
6. Property Documents: NOC from the builder or society, estimation of construction cost, sale deed, the sale agreement or Allotment letter, occupancy certificate, property tax receipts, maintenance and utility bills, receipts for any advance payments made, approved floor plan and building plan copy, possession certificate and land tax receipt, bank account statements showing all payments made to the builder or property owner.
In case of self-employed individuals, the income proof documents vary from salaried individuals. The other documents, including ID proof, property documents, proof of residence, and age proof, are the same as mentioned above.
You can now avail the lowest Home Loan EMI at just Rs. 769/- per lakh with maximum repayment flexibility. Some options are Step-Up EMIs, Step Down EMIs, Moratorium, OD facility, balance transfer, top up and more.
Home Loans at floating interest rate (linked to repo rate) offer you ultimate prepayment flexibility. There is no part or full prepayment charge. You can prepay early & reduce interest cost as per your cash flows.
The income proof for a guarantor or co-obligator is required. The documents required to depend upon whether the guarantor is self-employed or salaried. This is similar to the income proof required for salaried or self-employed applicants.
A Sale Deed is a type of legal document that provides all necessary information about the sale, transfer, or purchase of any property. This document proves that the applicant is the owner of the property in question.
A NOC or No-Objection Certificate is provided by the bank after the Home Loan has been closed. This is vital to release the property from the bank as it is mortgaged against the loan that has been availed.
Usually, the bank will get in touch with you for any document that is missing from the application. You may furnish the necessary documents in the given time frame to continue the loan application process.
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