Apply for Personal Loan

Preliminary Information

Send mail for verification

Personal Details ( Please enter your name as per PAN card )
Permanent Address (Same as above)
Employment Details

CanFin Homes Personal Loan Details

CanFin Homes Ltd 3.75 / 5.04 users

Supported by Canara Bank, CanFin Homes Limited has been involved in the development of India since 1987. Multiple loans are offered by the company, expected to make home possession simple and enhance the quality of life. It is a general purpose loan that can be used for different purposes.

Loanbaba.com provides all the information about CanFin Homes Limited Personal Loan:

Beneficiaries of the Loan:
  • He/she ought to be a current borrower.
  • An existing borrower ought to be paying general EMI towards the loans
  • He/she ought to have a amicable rapport with the bank as far as the history with the bank goes
  • There ought to be no overdue on the loan that has currently been availed.
  • There should be sufficient financial resources available to repay the loan.
  • The mortgage should be required.
The maximum amount that you can avail as a loan:

Based on the repaying capacity, the loan amount varies. The maximum amount that can be availed is Rs. 75 lakhs. The proposed loan amount should not surpass 70% of the present market estimation of the property.

The terms related with personal loans at CanFin Homes Limited:
  • Before receiving the advance, the borrower must provide security, which can be some property.
  • Multiple factors vary the collateral for the loan.
  • Stamp obligation should be paid according to The State Stamp Act. .
The terms for repayment of the personal loans at CanFin Homes:

Personal Loans from CanFin Homes Limited should be repaid in ten years.

Way to apply for the loan:

There are two methods to get a loan from CanFins Homes. The first one is by filling a form that can be found on its website, and the second one is by visiting the branch to complete all the formalities

Consider this example,

Mr. Ahmed has a loan for his house from CanFin Homes Limited and wishes to take a personal loan to do the interior decoration with furniture at his house. He gets a loan of Rs 1 lakh and has to pay 14% as interest every year. He chose to repay it through EMIs in a period of 5 years. The total interest paid is Rs. 39619 and the EMI is Rs, 2,327. The final statement amounts to Rs 1,39,610.

From 01 July, 2018, 18% GST will be levied on banking services and products.

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of CanFin Homes Ltd.

Average user rating 4.6/ 5
5
80% Complete (danger)
25
4
80% Complete (danger)
56
3
80% Complete (danger)
07
2
80% Complete (danger)
02
1
80% Complete (danger)
0
×