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Personal, home, vehicle & other loans

Canara Kuteer

Low-income home finance for a site, construction or dwelling unit, with a maximum loan of ₹5 lakh or ₹10 lakh based on annual household income.

Interest rateCompetitive reducing-balance rate; a numeric product rate is not published on the reviewed Kuteer page.Maximum amount₹5 lakh maximum where annual household income is up to ₹1 lakh; ₹10 lakh maximum where income is above ₹1 lakh and up to ₹3 lakh.TenureUp to 30 years or until age 75, whichever is earlier.
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Quick eligibility check

Canara Kuteer

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Published household-income bands are up to ₹1 lakh a year, and above ₹1 lakh up to ₹3 lakh a year?

Published source: Minimum income

2Do you meet this requirement: the band determines the maximum loan?

Published source: Minimum income

3Does your annual income meet this requirement: Individual household income and eligible self-help-group members fall in the published bands: up to ₹1 lakh a year, or above ₹1 lakh and up to ₹3 lakh a year?

0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; rural, urban and metro areas

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeLow-income housing loan for acquiring a residential site and constructing a house, purchasing a new or old dwelling unit, or constructing on an already owned plot.View source
Canara lists the three low-income housing purposes.
Source
Canara Kuteer
Page / section
Purpose
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateCompetitive reducing-balance rate; a numeric product rate is not published on the reviewed Kuteer page.View source
The product page describes a lower reducing-balance rate without a numeric percentage.
Source
Canara Kuteer
Page / section
Benefits; Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkNot published on the reviewed Kuteer page.View source
No benchmark or spread is displayed on the product page.
Source
Canara Kuteer
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published on the reviewed Kuteer page.View source
No separate is displayed.
Source
Canara Kuteer
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomePublished household-income bands are up to ₹1 lakh a year, and above ₹1 lakh up to ₹3 lakh a year; the band determines the maximum loan.View source
Canara publishes two household-income bands for Kuteer.
Source
Canara Kuteer
Page / section
Quantum; Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹5 lakh maximum where annual household income is up to ₹1 lakh; ₹10 lakh maximum where income is above ₹1 lakh and up to ₹3 lakh.View source
The quantum table links ₹5 lakh and ₹10 lakh limits to the two income bands.
Source
Canara Kuteer
Page / section
Loan Quantum
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureUp to 30 years or until age 75, whichever is earlier.View source
The official repayment row publishes 30 years or age 75.
Source
Canara Kuteer
Page / section
Repayment tenure
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing fee0.50% of loan amount, minimum ₹1,500 plus GST and maximum ₹10,000 plus GST. A 50% waiver is published for 1 July 2026 to 30 September 2026.View source
The official page publishes the fee band and dated waiver.
Source
Canara Kuteer
Page / section
Processing charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureAt the borrower's choice; no prepayment penalty is stated for housing loans carrying floating rates when another bank/HFI takes over the liability.View source
Canara states the borrower may prepay and specifies no penalty for eligible floating-rate takeovers.
Source
Canara Kuteer
Page / section
Prepayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • For site purchase plus construction, new/old dwelling units or construction on owned site
  • ₹5 lakh maximum up to ₹1 lakh annual household income
  • ₹10 lakh maximum above ₹1 lakh and up to ₹3 lakh annual household income
  • Repayment up to 30 years or age 75
  • No prepayment penalty on eligible floating-rate takeovers
  • 50% processing-charge waiver from 1 July 2026 to 30 September 2026

Eligibility

  • Individual household income and eligible self-help-group members fall in the published bands: up to ₹1 lakh a year, or above ₹1 lakh and up to ₹3 lakh a year.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application, photographs, , identity and residence proof
  • Site/property title and approved-plan documents as applicable
  • Income and household/ evidence requested by Canara

Related official documents

Canara Kuteerofficial-product-page · current · accessed 30 Aug 2026
↗
Canara retail lending and loan interest ratesofficial-rate-table · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Green Wheels · Purpose / eligibilityNew electric four-wheeler; salary ₹3 lakh p.a. or non-salaried ₹3 lakh latest income plus ₹2.50 lakh three-year average

This value is copied from Canara Green Wheels, Swarna, Kuteer and Vidya Turant terms. Check the table notes before relying on it.

Source: Canara loan product pages and retail rate tables · Quantum; Interest; Eligibility; Repayment; Processing; Security Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 4 columnsCanara Green Wheels, Swarna, Kuteer and Vidya Turant termsPublished limits, rates, eligibility, security, fees and repayment terms from Canara's official pages and rate tables.View tableHide table

Scroll sideways to view every column

Canara Green Wheels, Swarna, Kuteer and Vidya Turant terms
ProductPurpose / eligibilityAmount / rateTenure / charges
Green WheelsNew electric four-wheeler; salary ₹3 lakh p.a. or non-salaried ₹3 lakh latest income plus ₹2.50 lakh three-year averageNo upper limit; up to 90% finance; CRG-Prime effective 8.60% p.a. in reviewed tableUp to 84 ; 0.25%, ₹1,000–₹5,000 + ; no prepayment penalty
Swarna LoanResident individual or ; pledge jewellery or gold coins up to 50g₹5,000–₹50 lakh; + 0.95% w.e.f. 12 March 202612-month bullet; 0.30%, ₹250–₹3,000; no prepayment penalty
Canara KuteerHousehold income up to ₹1 lakh or ₹1–3 lakh p.a.; low-income housing₹5 lakh or ₹10 lakh by bandUp to 30 years/age 75; 0.50%, ₹1,500–₹10,000 +
Vidya TurantIndian student admitted to mapped premier institutionCategory A/B/C up to ₹50/40/30 lakh; starting 6.85% p.a.Up to 15 years after moratorium; nil bank processing fee; no prepayment penalty
Canara loan product pages and retail rate tables · Quantum; Interest; Eligibility; Repayment; Processing; Security · accessed 30 Aug 2026Open official source ↗

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