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Canara Bank Personal Loan EMI Calculator 2026

Calculate your Canara Bank personal loan EMI instantly. Current rate starts from 10.55 - 14.20% p.a. with tenure up to 5 years.

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Canara Bank Personal Loan Details 2026

Interest Rate
10.55 - 14.20% p.a.
Max Tenure
5 Years
Processing Fee
1% of loan amount + GST
Prepayment Charges
3% of outstanding

Canara Bank offers personal loan starting from 10.55 - 14.20% per annum with a maximum tenure of 5 years. The processing fee is 1% of loan amount + GST. Prepayment policy: 3% of outstanding.

EMI for Different Loan Amounts at 10.55% p.a.

Tenure: 3 years

Loan AmountMonthly EMITotal InterestTotal Payment
₹1 Lakh₹3,253₹17,108₹1,17,108
₹2 Lakh₹6,505₹34,180₹2,34,180
₹3 Lakh₹9,758₹51,288₹3,51,288
₹4 Lakh₹13,010₹68,360₹4,68,360
₹5 Lakh₹16,263₹85,468₹5,85,468
₹7 Lakh₹22,768₹1,19,648₹8,19,648
₹10 Lakh₹32,526₹1,70,936₹11,70,936
₹15 Lakh₹48,789₹2,56,404₹17,56,404
₹20 Lakh₹65,052₹3,41,872₹23,41,872
₹25 Lakh₹81,315₹4,27,340₹29,27,340

Frequently Asked Questions

What is the Canara Bank Personal Loan interest rate in 2026?

Canara Bank offers Personal Loan at interest rates starting from 10.55 - 14.20% per annum in 2026. The actual rate depends on your credit score, income, loan amount, and relationship with the bank.

What is the EMI for ₹7 Lakh Personal Loan from Canara Bank?

The EMI for a ₹7 Lakh Personal Loan from Canara Bank at 10.55% for 3 years is approximately ₹22,768 per month. Use the calculator above to check EMI for different amounts.

What is the maximum Personal Loan amount offered by Canara Bank?

Canara Bank offers Personal Loan up to ₹10 Lakh with a maximum tenure of 5 years, subject to eligibility criteria and income assessment.

What are Canara Bank Personal Loan processing fees?

The processing fee for Canara Bank Personal Loan is 1% of loan amount + GST. Prepayment charges: 3% of outstanding.

How to apply for Canara Bank Personal Loan?

You can apply for Canara Bank Personal Loan online through their official website or by visiting the nearest branch. You will need documents such as identity proof, address proof, income proof, and bank statements. Use the EMI calculator above to plan your loan before applying.