Canara Bank Car Loan Interest Rates

Base Rate 9.65%
Rate of Interest(fixed) First time female borrower in case of a joint loan - 9.90% Male borrower - 9.95%
Processing Fee 0.25% on the amount of loan between Rs. 1000 and Rs. 5000
Loan Amount 80%/85%/90% of the price of the car and this includes life tax, invoice value, insurance premium, registration charges and also accessories
Loan Tenure Up to 84 months
Minimum annual income required Rs. 3 lakhs annually