Personal, home, vehicle & other loans

Canara Rent

Loan against assigned rent receivables for genuine business or personal needs, up to 75% of net unexpired lease rent and a ₹7.50 crore ceiling.

Interest rateOfficial Canara rate-range table: 9.25%–9.80% p.a. contracted range for Canara Rent, mean 9.43% (w.e.f. 12 December 2025).Maximum amountUp to 75% of net rent receivable for the unexpired lease period after TDS, advance rent and taxes, capped at ₹7.50 crore.TenureUp to 120 months or the unexpired lease period, whichever is earlier; selected institutional/corporate leases may go to 144 or 180 months subject to the page rules.

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✓ Manually checked 30 Aug 2026 · active

Offered byCanara Bank

India; eligible leased properties

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 typeLoan against assigned rent receivables from eligible institutional tenants for genuine business or personal needs; speculative use is excluded.View source

The purpose and rent-assignment security are stated on the official page.

Source: Canara Rent
Page / section: Purpose; Security
Accessed: 30 Aug 2026
Confidence: high

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Interest rateOfficial Canara rate-range table: 9.25%–9.80% p.a. contracted range for Canara Rent, mean 9.43% (w.e.f. 12 December 2025).View source

The official range table lists Canara Rent at 9.25%–9.80%, mean 9.43%.

Source: Interest Rate Range on Loans
Page / section: Interest rate range — Canara Rent
Accessed: 30 Aug 2026
Confidence: high

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BenchmarkNot published as a product-specific benchmark in the reviewed rate-range table.View source

The table gives contracted ranges but does not name a benchmark for Canara Rent.

Source: Interest Rate Range on Loans
Page / section: Canara Rent
Accessed: 30 Aug 2026
Confidence: high

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APRNot published as a separate APR.View source

No is displayed.

Source: Canara Rent
Page / section: Complete page
Accessed: 30 Aug 2026
Confidence: high

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Minimum incomeNo universal numeric income threshold is published; existing satisfactory customers or well-introduced new customers must evidence rent, income and financial capacity.View source

Canara states customer-quality and rent/financial evidence requirements instead of a salary minimum.

Source: Canara Rent
Page / section: Eligibility; Documents
Accessed: 30 Aug 2026
Confidence: high

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Maximum amountUp to 75% of net rent receivable for the unexpired lease period after TDS, advance rent and taxes, capped at ₹7.50 crore.View source

The quantum row publishes 75% and ₹7.50 crore cap.

Source: Canara Rent
Page / section: Loan Quantum
Accessed: 30 Aug 2026
Confidence: high

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TenureUp to 120 months or the unexpired lease period, whichever is earlier; selected institutional/corporate leases may go to 144 or 180 months subject to the page rules.View source

The repayment section sets 120 months and longer institutional/corporate exceptions.

Source: Canara Rent
Page / section: Repayment
Accessed: 30 Aug 2026
Confidence: high

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Processing fee1.00% of loan amount, minimum ₹5,000. Inspection: ₹200 per inspection up to ₹10 lakh (maximum ₹600 yearly), or ₹300/actual above ₹10 lakh. Documentation: ₹100 per lakh, minimum ₹1,000 and maximum ₹25,000.View source

Canara publishes processing, inspection and documentation charges.

Source: Canara Rent
Page / section: Processing; Inspection; Documentation charges
Accessed: 30 Aug 2026
Confidence: high

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Prepayment / foreclosureNo prepayment penalty is listed on the official Canara Rent page.View source

No prepayment penalty is listed as a benefit.

Source: Canara Rent
Page / section: Benefits
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Up to 75% of net rent for unexpired lease period
Maximum ₹7.50 crore
Repayment up to 120 months or lease expiry; select corporates up to 180 months
Assignment of lease rentals
No prepayment penalty
Financing for rent from , reputed corporates, banks, insurers and MNCs

Eligibility

Property should be leased to an eligible institutional/reputed tenant. Existing customers need satisfactory dealings; new customers require satisfactory introduction and market report.

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

Documents the bank lists

NF 964 application, and age proof
Registered lease deed
Tripartite agreement or notarised power of attorney for direct rent remittance
Approved plan, title/ documents, rent and income evidence

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

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.

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Canara Jeevan · Purpose / eligibilityResident owner over 60; self-occupied, unencumbered home

This value is copied from Canara Jeevan, Rent, Site and Swarna Overdraft terms. Check the table notes before relying on it.

Source: Canara mortgage, site and gold loan pages/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 Jeevan, Rent, Site and Swarna Overdraft termsPublished limits, rates, eligibility, security, fees and repayment terms from official Canara pages and rate tables.View tableHide table

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Canara Jeevan, Rent, Site and Swarna Overdraft terms
Product	Purpose / eligibility	Amount / rate	Tenure / charges
Canara Jeevan	Resident owner over 60; self-occupied, unencumbered home	House ₹5–₹50 lakh; flat ₹5–₹25 lakh; 9.60% effective in table	Up to 15 years/life event; 0.25% max ₹10,000; no prepayment penalty
Canara Rent	Eligible lessor with institutional/reputed tenant	75% of net unexpired rent, max ₹7.50 crore; range 9.25%–9.80%	Up to 120 months/lease; 1% min ₹5,000 plus inspection/documentation
Canara Site Loan	Approved government/statutory residential site	Lower of 3-year gross income or 75% site cost; effective 9.05%–10.10%	Up to 10 years/age 65; 0.50% ₹1,500–₹10,000
Swarna Overdraft	Resident/; gold jewellery or coins up to 50g pledged	₹5,000–₹50 lakh; + 0.95%	12-month revolving; 0.30% ₹250–₹3,000; no prepayment penalty

Canara mortgage, site and gold loan pages/rate tables · Quantum; Interest; Eligibility; Repayment; Processing; Security · accessed 30 Aug 2026Open official source ↗

Canara Rent

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

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