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Zero Hidden Charges
Hassle Free and Fast Approval Process
Personalized Loan Assistance
Exciting CashbacksCanara Bank home loan rates start at 7.40% p.a. and go up to 10.25%. Floating rates are linked to the bank's RLLR 8.25%. Effective: 9 Oct 2026. The RBI raised the repo rate by 25 bps to 5.50% on 7 October 2026; existing repo-linked loans move at their next reset date.
| Borrower / slab | Interest rate (p.a.) |
|---|---|
| All borrowers | 7.40% – 10.25% |
| Credit grade Prime/1, up to ₹50 lakh | 7.50% women, 7.55% others |
| Credit grade 2, up to ₹50 lakh | 7.90% women, 7.95% others |
| Credit grade 3, up to ₹50 lakh | 8.70% women, 8.75% others |
| Credit grade 4, up to ₹50 lakh | 10.20% women, 10.25% others |
| Credit grade Prime/1, ₹50 lakh–1 crore | 7.45% women, 7.50% others |
| Credit grade Prime/1, above ₹1 crore | 7.40% women, 7.45% others |
| Women borrowers | 0.05% lower than other borrowers in every slab |
Source: Canara Bank official rate page, checked 26 Oct 2026. The rate you are offered depends on your credit score, loan amount and income type.
| Loan amount | 20 years at 7.40% | 30 years at 7.40% | 20 years at 10.25% |
|---|---|---|---|
| ₹25 lakh | ₹19,987 | ₹17,309 | ₹24,541 |
| ₹50 lakh | ₹39,974 | ₹34,619 | ₹49,082 |
| ₹75 lakh | ₹59,962 | ₹51,928 | ₹73,623 |
| ₹1 crore | ₹79,949 | ₹69,238 | ₹98,164 |
| ₹1.5 crore | ₹1,19,923 | ₹1,03,857 | ₹1,47,247 |
A 0.25% rise adds ₹765 a month to a ₹50 lakh, 20-year loan at 7.40%. Try the Canara Bank EMI calculator.
| Item | Value |
|---|---|
| Processing fee | ₹15,000 + GST (Ambak panel) |
| Minimum loan amount | ₹5 lakh (Ambak panel) |
| Maximum loan amount | ₹30 crore (Ambak panel) |
| Lender | Interest rate (p.a.) | Effective |
|---|---|---|
| Bank of Baroda | 7.40% – 9.15% | 8 Oct 2026 |
| Canara Bank | 7.40% – 10.25% | 9 Oct 2026 |
| Union Bank of India | 7.40% – 9.60% | 8 Oct 2026 |
| Central Bank of India | 7.45% – 9.00% | 8 Oct 2026 |
| Punjab National Bank | 7.45% – 9.35% | RLLR 8.35% w.e.f. 8 Oct 2026; festive rates 1 Oct–31 Dec 2026 |
| State Bank of India | from 7.50% | 15 Oct 2026 |
| Kotak Mahindra Bank | from 7.60% | — |
| Axis Bank | 8.00% – 9.10% | — |
| HDFC Bank | 8.00% – 13.45% | — |
| ICICI Bank | 8.75% – 9.90% | 8 Oct 2026, valid till 31 Oct 2026 |
All rates from each bank's official rate page, checked 26 Oct 2026.
Zero Hidden ChargesHassle Free and Fast Approval ProcessPersonalized Loan AssistanceExciting Cashbacks
