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Business, & agriculture finance

Canara Energy Savings for

Term loan for energy-conservation equipment and measures, up to ₹1 crore, with 10% project margin and repayment up to 7 years including six-month moratorium.

Maximum loanMaximum term loan ₹1 crore.RateRLLR-linked Canara rate under prevailing guidelines, subject to change.CustomerSmall and medium enterprises acquiring energy-conservation or energy-saving equipment/measures.
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Quick eligibility check

Canara Energy Savings for

0 of 9 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.

1Do you meet this requirement: Small and medium enterprises acquiring energy-conservation or energy-saving equipment/measures?

Published source: Customer

2Do you meet this requirement: Approved auditor energy-audit report, current-account history, project/equipment quotations, KYC and financial records?

Published source: Documents

3Do you meet this requirement: SME energy cost must be at least 20% of total production cost?

4Do you meet this requirement: an approved energy consultant/auditor's energy audit is required?

5Do you meet this requirement: Current-account dealings exclusively with Canara for the last one year must be satisfactory?

6Document checkDo you have this required document or proof: Energy audit report?

Published source: Documents

7Document checkDo you have this required document or proof: Current-account and one-year dealings evidence?

Published source: Documents

8Document checkDo you have this required document or proof: Project/equipment quotations?

Published source: Documents

9Document checkDo you have this required document or proof: KYC and financial records?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 4 Sept 2026 · active
Offered byCanara Bank

India

Key facts

What the official sources publish

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

AvailabilityIndia through Canara Bank SME lending.View source
Official page reviewed.
Source
Energy Savings for
Page / section
Complete page
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
CustomerSmall and medium enterprises acquiring energy-conservation or energy-saving equipment/measures.View source
Complete purpose/eligibility reviewed.
Source
Energy Savings for
Page / section
Purpose and eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsApproved auditor energy-audit report, current-account history, project/equipment quotations, KYC and financial records.View source
Complete page reviewed.
Source
Energy Savings for
Page / section
Eligibility and purpose
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Energy thresholdEnergy cost must be at least 20% of total production cost; approved energy audit report and satisfactory exclusive Canara current-account dealings for one year are required.View source
Complete energy and account conditions reviewed.
Source
Energy Savings for
Page / section
Eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Maximum loanMaximum term loan ₹1 crore.View source
Published maximum loan row reviewed.
Source
Energy Savings for
Page / section
Maximum loan
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateRLLR-linked Canara rate under prevailing guidelines, subject to change.View source
Published -linked row reviewed.
Source
Energy Savings for
Page / section
Rate of interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RepaymentMaximum 5–7 years including 6-month moratorium.View source
Published repayment row reviewed.
Source
Energy Savings for
Page / section
Repayment
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
SecurityPrimary assets created out of loan; collateral nil up to ₹10 lakh and above that determined by the bank.View source
Complete collateral row reviewed.
Source
Energy Savings for
Page / section
Security
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
FeesNo fixed processing fee is published on the reviewed page; prevailing Canara guidelines apply.View source
Full page reviewed; no fee row shown.
Source
Energy Savings for
Page / section
Complete page
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum term loan ₹1 crore
  • Nil collateral up to ₹10 lakh
  • Repayment up to 5–7 years including 6-month moratorium
  • 10% project-cost margin
  • -linked rate

Eligibility

  • energy cost must be at least 20% of total production cost; an approved energy consultant/auditor's energy audit is required. Current-account dealings exclusively with Canara for the last one year must be satisfactory.

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

Documents the bank lists

  • Energy audit report
  • Current-account and one-year dealings evidence
  • Project/equipment quotations
  • and financial records

Related official documents

Energy Savings for MSMEsofficial-product-page · current · accessed 4 Sept 2026
↗

Plan before applying

Try the numbers

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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

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· CustomerNew/existing

This value is copied from Canara Bank government-backed schemes — official page comparison. Check the table notes before relying on it.

Source: Government Sponsored Schemes and linked pages · , Vishvakarma, SVANidhi, , Energy Savings, Weaver's Mudra and Canara Micro Credit Card Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 7 rows · 7 columnsCanara Bank government-backed MSME schemes — official page comparisonView tableHide table

Scroll sideways to view every column

Canara Bank government-backed MSME schemes — official page comparison
SchemeCustomerPublished limitRate / subsidySecurityTenureFees
New/existing Up to ₹2 crore coverAGF 1.15%–2.30%No/partial collateral; 75% waiver routeUnderlying facilityBorrower bears AGF
VishvakarmaArtisans/craftspeople₹1 lakh + ₹2 lakh tranches; ₹3 lakh maxNot publishedCollateral nil; 18/30 monthsProcessing nil; annual guarantee fee nil
SVANidhiStreet vendors₹15,000 / ₹25,000 / ₹50,0007% p.a.; subsidy up to ₹603 / ₹1,408 / ₹5,579Unsecured; 12/18/36 monthsTranches nil
New micro enterprises₹50 lakh manufacturing; ₹25 lakh servicesSubsidy 15%–35%Primary assets; eligible3–7 years; 6-month moratoriumAs per bank guidelines
Energy Savings with ≥20% energy cost₹1 crore-linkedNil up to ₹10 lakh; above as bank decides5–7 years incl. 6-month moratoriumNot separately published
Weaver's MudraHandloom weavers/orgs₹2 lakh individuals; ₹10 lakh orgs6% for eligible orgs; government assistanceNo collateral up to ₹10 lakh with guaranteeWC 1 year; TL 36 monthsGuarantee fee by government 3 years
Micro Credit CardUdyam micro enterprises₹5 lakh ≤18% where guarantee available 75% coverageScheme 3 years or 10 lakh cardsInitial joining fee waived; later ≤1% or ₹1,000
  • Rows transcribed from the complete linked official pages. Values marked not published are explicit page findings, not estimates.
Government Sponsored Schemes and linked pages · , Vishvakarma, SVANidhi, , Energy Savings, Weaver's Mudra and Canara Micro Credit Card · accessed 4 Sept 2026Open official source ↗

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