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Business, & agriculture finance

Canara Start Up

Working-capital and term finance for -recognised start-ups, from above ₹10 lakh to ₹20 crore, with term-loan repayment up to 10 years including a 36-month moratorium.

Facility amountAbove ₹10 lakh and up to ₹20 crore.RateRate linked to security/approved collateral value and internal/external risk rating; RLLR-linked MSME lending schedule applies, with no fixed scheme percentage printed on the page.Customer typeDPIIT-recognised MSME start-ups with valid Udyam, viable model, recognised incubator/accelerator/investor support, fully tied-up equity and stable revenue.
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Quick eligibility check

Canara Start Up

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: DPIIT-recognised MSME start-ups with valid Udyam, viable model, recognised incubator/accelerator/investor support, fully tied-up equity and stable revenue?

Published source: Customer type

2Do you meet this requirement: DPIIT-recognised MSME start-up with valid Udyam, viable business model, recognised incubator/accelerator/investor support, fully tied-up equity, stable revenue, sole-banking arrangement and no lending default/NPA?

3Does your annual turnover meet this requirement: DPIIT test includes up to 10 years from incorporation and turnover not above ₹100 crore?

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

Designated Canara branches in Mumbai, Pune, Bengaluru, Delhi, Ahmedabad, Chennai and Hyderabad

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 typeDPIIT-recognised MSME start-ups with valid Udyam, viable model, recognised incubator/accelerator/investor support, fully tied-up equity and stable revenue.View source
Complete start-up eligibility section reviewed.
Source
Canara Start Up
Page / section
Target group and eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageDPIIT start-up definition: up to 10 years from incorporation/registration and turnover not above ₹100 crore in any financial year; business must work toward innovation or a scalable employment/wealth-creation model.View source
Complete test section reviewed.
Source
Canara Start Up
Page / section
start-up definition
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Facility amountAbove ₹10 lakh and up to ₹20 crore.View source
Published quantum section reviewed.
Source
Canara Start Up
Page / section
Quantum of loan
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RateRate linked to security/approved collateral value and internal/external risk rating; RLLR-linked MSME lending schedule applies, with no fixed scheme percentage printed on the page.View source
Complete pricing section reviewed.
Source
Canara Start Up
Page / section
Rate of interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RepaymentWorking capital one year; term loan maximum 10 years including maximum moratorium of 36 months; interest payable as due.View source
Complete repayment section reviewed.
Source
Canara Start Up
Page / section
Repayment period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security / marginTerm-loan and fund-based working-capital margin 20%; non-fund margin 15%. Primary security is financed assets/stocks/receivables and IP where financed; uncovered portion can use CGSS/CGTMSE hybrid cover.View source
Complete margin/security/coverage sections reviewed.
Source
Canara Start Up
Page / section
Margin, security and coverage
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
FeesApplicable as per scheme guidelines; no fixed numeric processing amount is printed on the reviewed page.View source
Complete processing-charge section reviewed.
Source
Canara Start Up
Page / section
Processing charges
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsNF998 MSME application, KYC, address proof, licences, three years financial papers with ITR/projections, guarantor asset details, stock statement, DPIIT/Udyam recognition and start-up support/equity evidence.View source
Published document and eligibility list reviewed.
Source
Canara Start Up
Page / section
Documents and eligibility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsDesignated Canara branches in Mumbai, Pune, Bengaluru, Delhi, Ahmedabad, Chennai and Hyderabad; sole-banking arrangement required.View source
Complete branch/geography section reviewed.
Source
Canara Start Up
Page / section
Designated branches
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Fund-based/non-fund working capital and term loan
  • Facility above ₹10 lakh up to ₹20 crore
  • 20% term-loan and fund-based WC margin; 15% non-fund margin
  • Term-loan maximum 10 years including up to 36 months' moratorium
  • CGSS/ hybrid cover for uncovered exposure

Eligibility

  • -recognised start-up with valid Udyam, viable business model, recognised incubator/accelerator/investor support, fully tied-up equity, stable revenue, sole-banking arrangement and no lending default/; test includes up to 10 years from incorporation and turnover not above ₹100 crore.

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
  • recognition and Udyam certificate
  • Incubator/accelerator/investor support and equity tie-up evidence

Related official documents

Canara Start Upofficial-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

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.

Vahan · Eligible customer transport operators

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

Source: Canara Vahan and Start Up 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 specialised MSME finance termsView tableHide table

Scroll sideways to view every column

Canara specialised MSME finance terms
ProductEligible customerFacility amountRateSecurity / marginRepaymentFees
Vahan transport operatorsNew up to ₹50 lakh; used non-electric ₹5–₹25 lakhNew + 0.90%; used risk-based premium25% new/50% used; no collateral up to ₹10 lakh; 100% above or 84 new fuel / 60 new electric / 36 used Service-charge schedule; fixed fee not published
Canara Start Up-recognised start-upsAbove ₹10 lakh to ₹20 croreRisk/security-linked ; fixed percentage not published20% TL/WC, 15% NFB; hybrid CGSS/ for uncovered portionWC 1 year; TL up to 10 years incl. 36-month moratoriumAs per scheme guidelines
Canara Vahan and Start Up pages · Complete product tables · accessed 4 Sept 2026Open official source ↗

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