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Canara Bank Car Loan Customer Care

Canara Bank 24*7 Customer care Numbers 1800-425-0018.

Canara Bank has a reputation of its own when it comes to resolving customers’ complaints and queries. Issues raised by customers are resolved quickly and satisfactorily. As far as car loans are concerned, Canara Bank offers the best deals in the industry and provides efficient after sales service. Here are some ways in which you can have your queries resolved quickly with Canara Bank Car Loan Customer Care.

Canara Bank Car Loan Customer Care Number
Canara Bank 24X7 Car Loan Customer Care Number

Canara Bank 24*7 Customer Care Toll Free Numbers

Canara Bank Car Loan Customer Care

Telebanking or Phone Banking is one of the many services offered by Canara Bank. You can utilize telebanking for both banking and non-banking services. Canara Bank has a dedicated toll free number that you can call any time during the day or night to resolve queries with respect to your car loan. The number is available on all public holidays except 15th August Independence Day, 26th January, Republic Day, and 2nd October, Gandhi Jayanti and other National holidays.

The Canara Bank Customer Care toll-free number is 1800-425-0018 and the centre is situated at the following address:

Canara Bank,

Customer Service Section,

SP&D Wing,

112, J C Road,

Head Office,

Bangalore – 560002

Website FAQ

The first and by far the simplest way to resolve your query is to visit the Canara Bank website FAQ (Frequently Asked Questions) section and see if your query reflects there. FAQ is a list of questions that customers frequently ask with respect to car loans and other aspects. Read the questions in this section to see if you can find an answer to your query. If not, you can call their toll-free number.

Canara Bank Branches

Canara Bank authorizes certain branches in major cities to provide car loan customer care. In smaller cities and towns, you can call the toll free number or use the branch locator on the Canara Bank website to find the branch closest to you.

Canara Bank Car Loan Missed Call Service

As a borrower, you can give a missed call to 09015642642 for any queries regarding your car loan. A customer care representative will call you back – usually within 24 hours – to answer your queries. Use your registered mobile to give a missed call so that the representative can easily access your account and have the details ready to answer your questions.

How to Apply for the Car Loan in Canara Bank

You can approach Canara Bank for a car loan in 4 different ways.

Bank Website

Canara Bank has a comprehensive form for all types of loan. Here is how you can apply for a Canara Bank Car Loan online -

  • Visit the Canara Bank Website Loan Application and Tracking System.
  • Enter your name, email id, mobile number, and date of birth.
  • A unique number called MPIN (Mobile Personal Identification Number) will be sent to your mobile.
  • Enter this number in the appropriate section.
  • Enter the Captcha Code for verification and click ‘Submit’.

You will be taken to a new page where you have to fill out all your details. There are 4 stages of application –

  • Personal Details – You have already filled out part of this information in the first stage. In the second stage, you will have to provide your Aadhar number which will be verified with the UiDAI website. You can also provide other proof of identity such as Passport or Driver’s Licence.
  • Address information – Here you need to provide your address and proof of residence such as utility bills.
  • Professional details – Loan terms are different for salaried and self-employed individuals. They also vary based on income of the applicant. You therefore need to provide professional income such as whether you are salaried or self-employed, and submit proof of income such as salary slip, bank statement, and IT returns as per the bank rules.
  • Assets and liabilities – This information may be required for certain individuals or companies.
  • Purpose of loan – the purpose for which you are taking the loan – this would be purchase of a car / vehicle for vehicle loans.

Call Centre

Simply call 1800 425 0018 and talk to our customer care executive who will help you through the process of loan application.

Missed Call

Give a missed call to 09268592685. You will receive an SMS with details about Vehicle Loan. After studying this information you can call the customer care center or make an online application.

Canara Bank Branch

Walk into the nearest Canara Bank Branch and talk to the loan executive. The executive will answer any questions you may have and help you fill out the application form.

Once you have filled out the application form, it may take up to 15 days for approval of loan. The bank executives will come back for more information or details if necessary.

Who can apply for Canara Bank Car Loan?

Any individual over 21 years of age, whether salaried, businessperson, or professional can apply for a car loan with Canara Bank. Reputed firms or companies other than HUFs may also apply for loan. The criteria for eligibility are as under:

canara Customer care toll free number handles your complaints and/or grievances through a process. The overview of this process has been mentioned below:

Minimum IncomeGross Salary of INR 3 Lacs per annum
Maximum Loan AmountUp to 90% of on-road price of the car
Tenure
  • Maximum 84 months for a new car
  • Maximum 60 months for a used car

If you are an agriculturist owning more than 5 acres of irrigated land or more than 10 acres of dry land you can avail car loan provided you have had at least 2 years of interaction with Canara Bank.

Horticulturists, Dairy Farmers, Plantation Owners, and Poultry Farmers must have an income of more than 4 Lacs per annum to be eligible for car loan.

Canara Bank Car Loan Interest Rates and other details

Before applying for a car loan, it is prudent to check your eligibility for a car loan. This can be done by checking for car loan eligibility information through the bank website or by calling the canara car loan customer care phone number. Depending on your income and financial background, the bank will share the car loan amount to be borrowed, the rate of interest and the loan tenure. More details on eligibility is mentioned below.

Interest Rates8.70% to 9.35%
Repayment Period7 Years
Lowest EMI per LakhRs. 1,594
Maximum loan amountUp to 90% of on road price
Processing chargesZero till 30.04.2018
Pre-payment ChargesNil

Other Salient Features of Canara Bank Car Loan

  • You can avail loan for both new and used cars as well as other 4 wheelers such as Jeeps and Vans.
  • Canara Bank offers vehicle loan for the on-road price of the vehicle. This includes registration and insurance.
  • Income from other sources such as dividend, rent and so on may be considered in computation for eligibility as long as documentary proof of such income can be provided.
  • You can avail loan for a second vehicle as long as there are no outstanding dues on any previous loan.
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