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Canara Swarna Overdraft

Revolving overdraft against pledged gold jewellery or eligible coins, with a ₹5,000–₹50 lakh limit and interest serviced monthly.

Interest rateRLLR + 0.95% p.a., effective from 12 March 2026 for Swarna schemes in Canara's official rate table.Maximum amount₹5,000 minimum and ₹50 lakh maximum per borrower across Swarna Loan, Swarna OD, Swarna Express and Swarna Monthly Interest schemes.TenureRevolving facility tenable for 12 months; interest is serviced monthly as it falls due.
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Quick eligibility check

Canara Swarna Overdraft

0 of 2 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.

1Are you this type of customer: resident individuals and are assessed on gold security, and scheme terms?

Published source: Minimum income

2Are you this type of customer: Resident individuals and may apply for non-speculative medical, domestic or other genuine needs, subject to gold appraisal, and scheme terms?

0 of 2 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; eligible applicants

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 typeRevolving overdraft against pledged gold jewellery or gold coins up to 50 grams per customer for non-speculative medical, domestic or urgent needs.View source
Canara identifies the overdraft facility, purpose and pledged gold.
Source
Canara Swarna Overdraft
Page / section
Purpose; Security; Nature of facility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateRLLR + 0.95% p.a., effective from 12 March 2026 for Swarna schemes in Canara's official rate table.View source
The Swarna row applies to Swarna Overdraft and states + 0.95%.
Source
Loans Interest Rates
Page / section
Gold loan schemes — Swarna schemes
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkRepo Linked Lending Rate (RLLR).View source
The official rate table links Swarna schemes to .
Source
Loans Interest Rates
Page / section
Swarna schemes
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR.View source
No is displayed.
Source
Canara Swarna Overdraft
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold is published; resident individuals and NRIs are assessed on gold security, KYC and scheme terms.View source
The names eligible residents/ and does not state a salary test.
Source
Canara Swarna Overdraft
Page / section
— eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹5,000 minimum and ₹50 lakh maximum per borrower across Swarna Loan, Swarna OD, Swarna Express and Swarna Monthly Interest schemes.View source
The official page publishes the ₹5,000–₹50 lakh consolidated cap.
Source
Canara Swarna Overdraft
Page / section
Loan Quantum;
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureRevolving facility tenable for 12 months; interest is serviced monthly as it falls due.View source
Canara describes a 12-month revolving facility with monthly interest servicing.
Source
Canara Swarna Overdraft
Page / section
Repayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeSwarna OD: 0.30% of loan amount, minimum ₹250 and maximum ₹3,000, excluding GST. Swarna Express has a separate 0.15% band of ₹125–₹1,500.View source
The official charges table and provide the standard and Express bands.
Source
Canara Swarna Overdraft
Page / section
Consolidated processing charges;
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo prepayment penalty.View source
Canara lists no prepayment penalty.
Source
Canara Swarna Overdraft
Page / section
Benefits;
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹5,000 minimum and ₹50 lakh maximum across Swarna schemes
  • Gold jewellery and coins up to 50 grams per customer
  • Revolving 12-month facility
  • Multiple withdrawals within sanctioned limit
  • No prepayment penalty
  • Quick processing and nomination facility

Eligibility

  • Resident individuals and may apply for non-speculative medical, domestic or other genuine needs, subject to gold appraisal, and scheme terms.

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

Documents the bank lists

  • Application and /identity/address proof
  • Gold jewellery or eligible gold coins for appraisal and pledge
  • Any additional branch documents

Related official documents

Canara retail loan rate ranges and RLLR tableofficial-rate-table · current · accessed 30 Aug 2026
↗
Canara Swarna Overdraftofficial-product-page · 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.

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

Scroll sideways to view every column

Canara Jeevan, Rent, Site and Swarna Overdraft terms
ProductPurpose / eligibilityAmount / rateTenure / charges
Canara JeevanResident owner over 60; self-occupied, unencumbered homeHouse ₹5–₹50 lakh; flat ₹5–₹25 lakh; 9.60% effective in tableUp to 15 years/life event; 0.25% max ₹10,000; no prepayment penalty
Canara RentEligible lessor with institutional/reputed tenant75% 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 LoanApproved government/statutory residential siteLower 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 OverdraftResident/; 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 ↗

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