Canara Bank in Kakinada
DOMESTIC TERM DEPOSITS ((W.E.F. 02.07.2009) )
Period
Less than Rs.15 lakhs
270 days to less than 1 year
6.50
1 year & above to less than 2 years
7.00
2 years & above to less than 3 years
7.25
3 years & above to less than 5 years
7.50
Housing Loans: ( Rate of Interest with EMIs (w.e.f. 1st June, 2009))
(Rate of interest is subject to change from time to time) Additional interest @ 0.25 % over and above the stipulated rates for acquiring second house/flat.
Car Loans:
For buying a brand new car, bring just 10% of the cost. Canara Bank will provide you loan upto 90% of the on road price. There is no ceiling on maximum loan amount!
We also finance used cars (not older than 5 years) at the same low interest rates. We finance 75% of the agreed price or 75% of the value of the car, as assessed by an automobile engineer or Rs.6 lakh whichever is lower (Rate of interest is subject to change from time to time).
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