IndiaBanks.org · independent research

Business, & agriculture finance

Canara INN

Hospitality-sector working-capital, non-fund and term finance above ₹10 lakh up to ₹25 crore, with working-capital limits up to ₹5 crore and term repayment up to 10 years.

Facility amountAbove ₹10 lakh and up to ₹25 crore; working-capital limit capped at ₹5 crore.RateRate linked to collateral/security value and internal/external risk rating under the RLLR-linked MSME schedule; no fixed scheme percentage is printed.Customer typeHospitality-sector MSMEs: hotels, resorts, restaurants, fast-food centres, dhabas, pizza centres, messes, caterers and marriage/banquet halls.
Official product page ↗Compare category

Quick eligibility check

Canara INN

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: Hospitality-sector MSMEs: hotels, resorts, restaurants, fast-food centres, dhabas, pizza centres, messes, caterers and marriage/banquet halls?

Published source: Customer type

2Do you meet this requirement: MSME hospitality units with Udyam registration, risk rating up to Moderate Risk/BB and no SMA1/SMA2 in the last 12 months or NPA?

3Do you meet this requirement: credit-card overdue is exempted from the SMA test?

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

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/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; presently implemented in specified Canara circles

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 typeHospitality-sector MSMEs: hotels, resorts, restaurants, fast-food centres, dhabas, pizza centres, messes, caterers and marriage/banquet halls.View source
Complete target-group section reviewed.
Source
Canara INN
Page / section
Target group
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageNo numeric turnover or business-vintage floor is stated; valid Udyam registration, Moderate Risk/BB or better and no recent SMA1/SMA2 or NPA are required.View source
Complete eligibility section reviewed; no numeric turnover floor is published.
Source
Canara INN
Page / section
Eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Facility amountAbove ₹10 lakh and up to ₹25 crore; working-capital limit capped at ₹5 crore.View source
Complete quantum section reviewed.
Source
Canara INN
Page / section
Quantum of loan
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateRate linked to collateral/security value and internal/external risk rating under the RLLR-linked MSME schedule; no fixed scheme percentage is printed.View source
Complete pricing section reviewed.
Source
Canara INN
Page / section
Rate of interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RepaymentWorking capital one year; term loan up to 10 years including maximum two-year moratorium.View source
Complete repayment section reviewed.
Source
Canara INN
Page / section
Repayment period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security / marginTerm-loan margin 20%, secured OD nil and NFB 15%; term-loan primary plus collateral security at least 100%, while standalone SOD needs 100% collateral with at least 50% residential/commercial or approved securities.View source
Complete margin/security rows reviewed.
Source
Canara INN
Page / section
Margin and security
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
FeesUp to 50% concession on applicable upfront, processing, NFB commission, appraisal and commitment charges for low-risk borrowers; normal risk receives 25% and Moderate receives nil concession.View source
Complete rating/concession table reviewed.
Source
Canara INN
Page / section
Processing charges
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsNF998 application, KYC/address proof, licences, three years financial papers with ITR/projections, guarantor asset details and stock statement.View source
Published document list reviewed.
Source
Canara INN
Page / section
Documents
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsScheme is PAN India but presently implemented in Ahmedabad, Agra, Bangalore, Bhopal, Chandigarh, Chennai, Delhi, Jaipur, Karnal, Kolkata, Lucknow, Madurai, Mangalore, Manipal, Mumbai, Pune, Ranchi, Trivandrum and Vijayawada circles.View source
Complete circle listing reviewed.
Source
Canara INN
Page / section
Geography
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Facility above ₹10 lakh up to ₹25 crore; working capital up to ₹5 crore
  • Term-loan margin 20%, secured nil and non-fund 15%
  • Term loan up to 10 years including up to two-year moratorium
  • Up to 50% charge concession for low-risk borrowers

Eligibility

  • hospitality units with Udyam registration, risk rating up to Moderate Risk/BB and no SMA1/SMA2 in the last 12 months or ; credit-card overdue is exempted from the SMA test.

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

Documents the bank lists

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

Related official documents

Canara MSME INNofficial-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.

INN · CustomerHospitality

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

Source: Canara INN and Pharma 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 pharmaceutical MSME termsView tableHide table

Scroll sideways to view every column

Canara hospitality and pharmaceutical MSME terms
ProductCustomerFacility amountRateSecurity / marginRepaymentFees
INNHospitality Above ₹10 lakh–₹25 crore; WC up to ₹5 croreRisk/security-linked TL 20%, SOD nil, NFB 15%; 100% term securityWC 1 year; TL 10 years incl. 2-year moratoriumLow/normal/moderate concession 50%/25%/0%
PharmaPharmaceutical/ manufacturing and trading Above ₹10 lakh–₹50 crore; trader WC cap ₹10 croreRisk/security-linked TL 20%, WC 25%, export 10%/nil, NFB 15%; not eligibleWC 1 year; TL 10 years incl. 2-year moratoriumLow/normal/moderate concession 50%/25%/0%
Canara INN and Pharma 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