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Business, & agriculture finance

Canara Scheme

-backed working-capital and linked non-fund finance from above ₹10 lakh to ₹10 crore, with at least six months' returns and 75% turnover routed through Canara Bank.

Facility amountAbove ₹10 lakh and up to ₹10 crore.RateStarting from 8.25% p.a., subject to terms and conditions.Customer typeGST-registered MSMEs in manufacturing/services, including listed individual, firm, company, trader, professional and self-employed forms.
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Quick eligibility check

Canara Scheme

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.

1Are you this type of customer: GST-registered MSMEs in manufacturing/services, including listed individual, firm, company, trader, professional and self-employed forms?

Published source: Customer type

2Can you provide this required proof: GST returns for the required period, valuation report, stock statement, KYC/entity papers and security documents?

Published source: Documents

3Do you meet this requirement: GST-registered MSME?

4Do you meet this requirement: minimum six months' GST returns/business operation?

5Does your annual turnover meet this requirement: at least 75% of GST-return turnover must be routed through the Canara Bank account?

6Document checkDo you have this required document or proof: GST returns for the required period (the page requests 12 months where available)?

Published source: Documents

7Document checkDo you have this required document or proof: Valuation report?

Published source: Documents

8Document checkDo you have this required document or proof: Stock statement?

Published source: Documents

9Document checkDo you have this required document or proof: KYC, entity and security documents under the MSME application process?

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 through Canara Bank branches

Key facts

What the official sources publish

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

Customer typeGST-registered MSMEs in manufacturing/services, including listed individual, firm, company, trader, professional and self-employed forms.View source
Target-group section reviewed.
Source
Canara
Page / section
Target group
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageMinimum six months' GST returns/business operation; at least 75% of GST-return turnover must be routed through the Canara Bank account.View source
-history and turnover-routing conditions reviewed.
Source
Canara
Page / section
Eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Facility amountAbove ₹10 lakh and up to ₹10 crore.View source
Quantum section reviewed.
Source
Canara
Page / section
Quantum of loan
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateStarting from 8.25% p.a., subject to terms and conditions.View source
Published starting rate and terms disclaimer reviewed.
Source
Canara
Page / section
Rate of interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
TenureWorking-capital facility tenable for 12 months.View source
Published tenability period reviewed.
Source
Canara
Page / section
Tenability
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security / marginNil margin; collateral security of at least 75% of loan amount through land/building and approved financial collateral.View source
Complete margin/security conditions reviewed.
Source
Canara
Page / section
Margin and security
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
FeesNo fixed processing amount is displayed on the reviewed Canara GST page; applicable Canara service charges apply.View source
Complete page reviewed; no numeric scheme fee printed.
Source
Canara
Page / section
Charges
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsGST returns for the required period, valuation report, stock statement, KYC/entity papers and security documents.View source
Published document list and scheme conditions reviewed.
Source
Canara
Page / section
Documents
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndia through Canara Bank branches.View source
National scheme page reviewed.
Source
Canara
Page / section
Availability
Accessed
4 Sept 2026
Confidence
medium
Open official source ↗

Benefits and features

  • Facility above ₹10 lakh and up to ₹10 crore
  • Working capital plus and bank-guarantee sub-limits
  • Rate starts at 8.25% p.a., subject to terms
  • 12-month tenability and nil margin

Eligibility

  • -registered ; minimum six months' returns/business operation; at least 75% of -return turnover must be routed through the Canara Bank account; reduced turnover can require limit reduction.

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

Documents the bank lists

  • returns for the required period (the page requests 12 months where available)
  • Valuation report
  • Stock statement
  • , entity and security documents under the application process

Related official documents

Canara GSTofficial-product-page · current · accessed 4 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

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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₹21,302twenty-one thousand three hundred two rupees
Interest paid over the full loan₹26,12,394twenty-six lakh twelve thousand three hundred ninety-four rupees
Everything you repay₹51,12,394fifty-one lakh twelve thousand three hundred ninety-four 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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Canara Star · Eligible customer in manufacturing/services and listed entities

This value is copied from Canara and export-finance terms. Check the table notes before relying on it.

Source: Canara and exporter product pages · Complete product tables Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 5 rows · 7 columnsCanara MSME and export-finance termsPublished facility, eligibility, amount, pricing, security, tenure and fees transcribed from current official Canara Bank pages.View tableHide table

Scroll sideways to view every column

Canara MSME and export-finance terms
ProductEligible customerFacility amountRateSecurity / marginRepaymentFees
Canara Star in manufacturing/services and listed entitiesAbove ₹10 lakh; maximum not published to + 1.00%20% WC/TL, 15% NFB; 100% security coverageWC 1 year; term loan up to 10 yearsService-charge schedule; fixed fee not published
Canara -registered with 6+ months returns and 75% turnover routedAbove ₹10 lakh to ₹10 croreStarting 8.25% p.a.Nil margin; collateral at least 75%12 monthsFixed fee not published
Doctor's ChoiceRegistered medical practitioners and related medical enterprisesNo stated minimum; up to ₹5 crore; WC sub-limit ₹50 lakh-linked; fixed percentage not published20% WC/equipment, 25% premises; 100% collateralWC 2 years; term loan up to 7 yearsFixed fee not published
ContractorEligible government/other contractors with Canara operative accountAbove ₹25 lakh; maximum not published-linked; fixed percentage not publishedWC nil; TL/NFB 20%; collateral at least 50%WC 1 year; term loan 5–7 yearsFixed fee not published
CGSEDirect/indirect exporters meeting turnover testsUp to 20% of limit; loan cap ₹50 crore1% below existing WC rate, capped 10%100% guarantee; no additional collateral4 years incl. 1-year moratoriumProcessing and guarantee fees nil
Canara and exporter product pages · Complete product tables · accessed 4 Sept 2026Open official source ↗

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