IndiaBanks.org · independent research

Business, & agriculture finance

Canara Atithi

Mudra-linked term, short-term and running-limit finance for hospitality businesses, up to ₹10 lakh, with 12-month short-term repayment and five-year term-loan repayment.

Facility amountMaximum ₹10 lakh under Mudra variants: Shishu up to ₹50,000; Kishore ₹50,001–₹5 lakh; Tarun ₹5,00,001–₹10 lakh.RateRate linked to approved collateral value and internal/external risk rating; RLLR-linked MSME schedule applies, with no fixed scheme percentage printed.Customer typeMicro and small service enterprises under Mudra, including cafeterias, restaurants, self-service hotels, mobile canteens, dhabas and fast-food centres.
Official product page ↗Compare category

Quick eligibility check

Canara Atithi

0 of 7 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: Micro and small service enterprises under Mudra, including cafeterias, restaurants, self-service hotels, mobile canteens, dhabas and fast-food centres?

Published source: Customer type

2Do you meet this requirement: Existing customers need satisfactory track record?

3Do you meet this requirement: new customers are subject to KYC and due diligence, local residence/related experience or skilled staff and moderate-risk classification?

4Document checkDo you have this required document or proof: Customer identification and NF998 MSME application?

Published source: Documents

5Document checkDo you have this required document or proof: Unit/promoter address proof?

Published source: Documents

6Document checkDo you have this required document or proof: Licences/permissions?

Published source: Documents

7Document checkDo you have this required document or proof: Last three years financial papers with ITR and projections?

Published source: Documents
0 of 7 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 typeMicro and small service enterprises under Mudra, including cafeterias, restaurants, self-service hotels, mobile canteens, dhabas and fast-food centres.View source
Complete target group section reviewed.
Source
Canara Atithi
Page / section
Target group
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageNo numeric turnover or vintage floor is published; local residence, related-field experience or experienced/skilled staff and satisfactory track record/due diligence apply.View source
Complete eligibility section reviewed; no numeric turnover requirement is stated.
Source
Canara Atithi
Page / section
Eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Facility amountMaximum ₹10 lakh under Mudra variants: Shishu up to ₹50,000; Kishore ₹50,001–₹5 lakh; Tarun ₹5,00,001–₹10 lakh.View source
Complete Mudra quantum table reviewed.
Source
Canara Atithi
Page / section
Quantum of loan
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateRate linked to approved collateral value and internal/external risk rating; RLLR-linked MSME schedule applies, with no fixed scheme percentage printed.View source
Complete pricing reference reviewed.
Source
Canara Atithi
Page / section
Rate references
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RepaymentShort-term loan within 12 months in suitable monthly instalments; term loan up to five years including moratorium; working capital tenable for two years subject to annual review.View source
Complete repayment section reviewed.
Source
Canara Atithi
Page / section
Repayment period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security / marginTerm-loan margin 15% and working-capital/short-term margin 10%; primary security is assets created and existing business assets. Micro loans are covered under CGFMU and small-enterprise loans under CGTMSE.View source
Complete margin, security and guarantee sections reviewed.
Source
Canara Atithi
Page / section
Margin and security
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Fees50% of applicable processing charges; annual guarantee and service fees under CGFMU/CGTMSE are borne by the borrower.View source
Published processing and guarantee-fee conditions reviewed.
Source
Canara Atithi
Page / section
Processing charges / coverage
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsNF998 MSME application, KYC, unit/promoter address proof, licences, three years financial papers with ITR/projections, guarantor asset details and stock statement.View source
Published document list reviewed.
Source
Canara Atithi
Page / section
Documents
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndia through Canara Bank branches; highway hotels/dhabas must be operated by permanent residents of the same locality.View source
Complete geographic/eligibility condition reviewed.
Source
Canara Atithi
Page / section
Eligibility and geography
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Shishu up to ₹50,000; Kishore ₹50,001–₹5 lakh; Tarun ₹5,00,001–₹10 lakh
  • Term, short-term and /OCC working-capital facilities
  • Term-loan margin 15%; working-capital margin 10%
  • Short-term repayment within 12 months; term loan up to five years; working capital tenable two years

Eligibility

  • Existing customers need satisfactory track record; new customers are subject to and due diligence, local residence/related experience or skilled staff and moderate-risk classification.

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

Documents the bank lists

  • Customer identification and NF998 application
  • Unit/promoter address proof
  • Licences/permissions
  • Last three years financial papers with and projections
  • Guarantor asset details
  • Stock statement

Related official documents

Canara MSME Atithiofficial-product-page · current · accessed 4 Sept 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.

Atithi · Eligible customerMudra micro/small hospitality enterprises

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

Source: Canara Atithi and Expo 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 · 2 rows · 7 columnsCanara hospitality and export MSME termsView tableHide table

Scroll sideways to view every column

Canara hospitality and export MSME terms
ProductEligible customerFacility amountRateSecurity / marginRepaymentFees
AtithiMudra micro/small hospitality enterprisesUp to ₹10 lakh; Shishu/Kishore/Tarun variantsRisk/security-linked ; fixed percentage not published15% TL, 10% WC; / coverage12-month short-term; TL up to 5 years; WC 2 years50% of applicable processing charges; guarantee/service fees borrower-paid
Expo exporters with 3-year satisfactory banking and ₹100 lakh prior-year export turnoverUp to ₹50 lakh; ₹25 lakh per fair term-loan/ schedule; fixed percentage not published15%–25%; up to ₹10 lakh or 100% security aboveUp to 3 years incl. 3-month holidayAs applicable; fixed amount not published
Canara Atithi and Expo pages · Complete product tables · accessed 4 Sept 2026Open official source ↗

More from Canara Bank

Related products

Canara Bank Guarantee

Non-fund-based guarantee facility for financial, performance and deferred-payment obligations, with margin, security, commission and period set under Canara Bank norms.

View product

Canara BE-MSME (Manufacturing) Bill Discounting

Concessional bill-of-exchange discounting/purchase for genuine manufacturing trade transactions, including pre-accepted bills and bills drawn under eligible inland letters of credit.

View product

Canara CGTMSE Credit Guarantee

guarantee support for Canara credit up to ₹2 crore, enabling finance with no or partial collateral and third-party guarantee.

View product

Canara Credit Guarantee Scheme for Exporters (CGSE)

Government-backed guarantee support for eligible export working-capital borrowers, covering up to 20% of limits up to ₹50 crore for four years including a one-year moratorium.

View product