Jul 6, 2010

Home Improvement Loan from India with Canara Bank



Canara bank is a reputable bank and financial institution in India. They are into personal banking, corporate banking, NRI banking, loans advancement and SME credit. In this bank, you can access financing to improve the look of your home or dwelling. The following paragraphs discuss home improvement loans from this Bank.


In Canara bank, the home improvement loan scheme is provided to individuals for the repairs and furnishings of their homes. Therefore, the loan can be applied to furnish a house with air conditioners, household furniture, kitchen cabinets, washing machine, wardrobes, refrigerators, and so on. The funds you avail here come with incredible low interest charges.

Canara bank can approve home improvement loan for you if you go for their Housing loan or you obtain your housing loan from other financial institutions. In addition to that, if your housing loan has subsisting liability, you can still avail this loan.

Eligibility for this loan includes homeowners that are on periodic wages or salaries; business men and women, professional, and the self- employed. If you are salaried individual, you must have at least 25% net take of income or you must have Rs.2000 (two thousand rupees) after settling your loan obligation. More so, you need to have a minimum annual income of Rs.50, 000(fifty thousand rupees).


If you want to go for your home improvement loan in India or from any part of the world, the Canara Bank can provide you with the fund you want as long as you meet their eligibility requirements.
Contact the bank through www.canarabank.com for more helpful hints on how to quickly and easily avail the home improvement loan scheme.



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