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Canara Laghu Udhyam Credit Card

Working-capital secured overdraft, non-fund and term-loan facility with an aggregate limit of ₹10 lakh, valid for three years subject to annual review.

Facility amountAggregate limit ₹10 lakh, including any other limit under the scheme.RateMinimum RLLR p.a.; maximum RLLR + 1.00% p.a. subject to risk rating and collateral value.Customer typeArtisans, village industries and micro/small enterprises including tiny units with at least three years' satisfactory dealings.
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Quick eligibility check

Canara Laghu Udhyam Credit Card

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: Artisans, village industries and micro/small enterprises including tiny units with at least three years' satisfactory dealings?

Published source: Customer type

2Do you meet this requirement: Satisfactory dealings with Canara Bank for at least three years?

3Do you meet this requirement: parties with three years' satisfactory dealings but no existing liability can also qualify?

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: 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 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 typeArtisans, village industries and micro/small enterprises including tiny units with at least three years' satisfactory dealings.View source
Complete target and eligibility sections reviewed.
Source
Canara Laghu Udhyam Credit Card
Page / section
Purpose and eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageSatisfactory Canara dealings for at least three years; no numeric turnover requirement is published.View source
Complete page reviewed; three-year relationship test is published but no turnover floor.
Source
Canara Laghu Udhyam Credit Card
Page / section
Eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Facility amountAggregate limit ₹10 lakh, including any other limit under the scheme.View source
Published aggregate limit reviewed.
Source
Canara Laghu Udhyam Credit Card
Page / section
Quantum
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateMinimum RLLR p.a.; maximum RLLR + 1.00% p.a. subject to risk rating and collateral value.View source
Published range reviewed.
Source
Canara Laghu Udhyam Credit Card
Page / section
Rate of interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RepaymentLimit valid for three years subject to annual review.View source
Complete validity section reviewed.
Source
Canara Laghu Udhyam Credit Card
Page / section
Repayment period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security / marginPrimary stocks/receivables; collateral or third-party guarantee nil up to ₹10 lakh; CGTMSE cover available where eligible.View source
Complete security/coverage section reviewed.
Source
Canara Laghu Udhyam Credit Card
Page / section
Security and coverage
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
FeesNo numeric processing fee is printed on the reviewed page; applicable Canara guidelines apply.View source
Complete page reviewed; no fixed charge is displayed.
Source
Canara Laghu Udhyam Credit Card
Page / section
Charges review
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 Laghu Udhyam Credit Card
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 Laghu Udhyam Credit Card
Page / section
Availability
Accessed
4 Sept 2026
Confidence
medium
Open official source ↗

Benefits and features

  • Aggregate limit ₹10 lakh
  • Limit valid three years subject to annual review
  • Nil collateral/third-party guarantee up to ₹10 lakh
  • to + 1.00% based on risk and collateral

Eligibility

  • Satisfactory dealings with Canara Bank for at least three years; parties with three years' satisfactory dealings but no existing liability can also qualify.

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
  • Three years financial papers with /projections
  • Guarantor asset details
  • Stock statement

Related official documents

Canara MSME Laghu Udhyam Credit Cardofficial-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₹21,696twenty-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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Laghu Udhyam Credit Card · CustomerArtisans/village industries/ with 3-year dealings

This value is copied from Canara credit and equipment schemes. Check the table notes before relying on it.

Source: Canara specialised 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 · 3 rows · 7 columnsCanara MSME credit and equipment schemesView tableHide table

Scroll sideways to view every column

Canara MSME credit and equipment schemes
ProductCustomerFacility amountRateSecurity / marginRepaymentFees
Laghu Udhyam Credit CardArtisans/village industries/ with 3-year dealingsAggregate ₹10 lakh to + 1.00%Nil collateral/guarantee up to ₹10 lakh; where eligible3 years, annual reviewAmount not published
Solar VendorMNRE-registered solar vendorsAbove ₹10 lakh–₹5 crore to 9.75%25% WC margin; /hybrid/collateralWC 1 yearAmount not published
Easy Equipment FinanceEPC/other contractors with 2+ yearsAbove ₹10 lakh; ₹50 crore standard risk / ₹100 crore low risk to + 0.70%5%–20% margin; equipment hypothecation36–60 Schedule applies
Canara specialised pages · Complete product tables · accessed 4 Sept 2026Open official source ↗

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