A Brief Profile of the Bank Widely known for customer centricity, Canara Bank was founded by Shri Ammembal

Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port town in Karnataka. The Bank has gone through the various phases of its growth trajectory over hundred years of its existence. Growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments. Eighties was characterized by business diversification for the Bank. In June 2006, the Bank completed a century of operation in the Indian banking industry. The eventful journey of the Bank has been characterized by several memorable milestones. Today, Canara Bank occupies a premier position in the comity of Indian banks. With an unbroken record of profits since its inception, Canara Bank has several firsts to its credit. These include:

Launching of Inter-City ATM Network Obtaining ISO Certification for a Branch Articulation of Good Banking Banks Citizen Charter Commissioning of Exclusive Mahila Banking Branch Launching of Exclusive Subsidiary for IT Consultancy Issuing credit card for farmers Providing Agricultural Consultancy Services

Over the years, the Bank has been scaling up its market position to emerge as a major 'Financial Conglomerate' with as many as nine subsidiaries/sponsored institutions/joint ventures in India and abroad. As at June 2011, the Bank has further expanded its domestic presence, with 3273 branches spread across all geographical segments. Keeping customer convenience at the forefront, the Bank provides a wide array of alternative delivery channels that include 2509 ATMs, covering 846 centres. With 100% CBS, the Bank offers technology banking, such as, Internet Banking, Mobile Banking and Funds Transfer through NEFT and RTGS across all branches. The Bank has further enhanced its basket of new tech-products for customer convenience like Canara Gift Cards, Canara Campus Card, Canara Platinum Card, Bills Desk for utility bills payment, Cash withdrawal at Point of Sale (PoS) machines at Merchant Establishments, VISA money transfer and the ASBA (Application Supported by Blocked Amount) facility during FY11. Not just in commercial banking, the Bank has also carved a distinctive mark, in various corporate social responsibilities, namely, serving national priorities, promoting rural development, enhancing rural selfemployment through several training institutes and spearheading financial inclusion objective. Promoting an inclusive growth strategy, which has been formed as the basic plank of national policy agenda today, is in fact deeply rooted in the Bank's founding principles. "A good bank is not only the financial heart of the community, but also one with an obligation of helping in every possible manner to improve the economic conditions of the common people". These insightful words of our founder continue to

resonate even today in serving the society with a purpose. The growth story of Canara Bank in its first century was due, among others, to the continued patronage of its valued customers, stakeholders, committed staff and uncanny leadership ability demonstrated by its leaders at the helm of affairs. We strongly believe that the next century is going to be equally rewarding and eventful not only in service of the nation but also in helping the Bank emerge as a"Global Bank with Best Practices". This justifiable belief is founded on strong fundamentals, customer centricity, enlightened leadership and a family like work culture.

Canara mobile- vehicales purpose

For buying new or used four wheeler / new two Wheeler

ELIGIBILITY:

Salaried persons, professionals and business people, with qualifying income and required repayment capacity. Reputed firms and corporates are also eligible..

Your Dream Car. Your contribution and ours ..

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!

USED CARS

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: Interest is charged on the daily reducing balance. So you don't have to pay interest even for a day extra on the portion repaid by you. No one can genuinely give you money at zero cost. So, beware of advertisements promising zero percent finance. Try to detect the catches. (Rate of interest is subject to change from time to time) Repayment to suit your pocket:

In convenient Equated Monthly Instalments upto 72 months. In zero percent finance offers, the terms are normally upto one year only. So, step into any of our branches and drive away your dream car.

Processing Charges:

0.1% on the loan amount with a minimum of Rs.250/- and maximum of Rs.500/-.

TWO WHEELERS

Eligibility : Individuals including professional and salaried class. Quantum of Loan

70% of the total value inclusive of invoice value, life tax, registration charges, Insurance premium and other accessories.

Rate of Interest PLEASE VIST OUR PAGE ON RATE OF INTEREST ON PERSONAL LOANS Repayment :-

In convenient EMIs of 48 months. Selectively 60 months also considered.

Documents/Formalities:

Stipulated Loan application with 2 passport size photos. Latest salary certificate and Form No.16 / Income proof like ITAO/ IT Return, Financial statements as the case may be. Proforma Invoice or valuation report (as the case may be) Guarantee / co-obligation. Waiver considered selectively.

Processing Charges:

0.1% of the loan amount subject to minimum of Rs.100/- and maximum of Rs.250/-.

Canara credit cards

CANARA CARD is a GLOBAL CREDIT CARD from the house of Canara Bank, one of the leading Banks in India, with around 2700 Branches and 34 million loyal customer base. In tune with our tradition of offering quality products with competitive features and best customer service, we are delighted to introduce you to the Canara Global credit Cards, offered to the privileged & elite people of the society. Canara Card is designed to meet your high-end life style with anything you might need to make your experience a sheer pleasure. No matter where you are across the world, luxury and comfort is always at hand. Our cards enjoy the privilege of worldwide acceptance and free insurance coverage. Canara Cards are backed by a wide network of CANARA BANK branches and 24 Card Service centers located at many important cities spread across the country. CANARA BANK is the principal member of VISA-WORLDWIDE and MASTERCARD INC. With its fantastic features and transparency in transactions, you will be delighted to know, why you chose the right card. Please read further to know more about Canara Global cards.

CANARA CARD PRIVILEGES

No Annual fee & Enrolment fee till 31.08.2013. (Special offer) Canara Card is accepted throughout the world Minimum Gross income to get CANARA CARD is Rs.60,000 p.a. only. Liberal Card limit. Get 30% of your gross annual income as your Card limit. Fixing of the limit is at the sole discretion of Canara Bank. Cash withdrawal limit up to 50% of your card limit. Cash withdrawal charges only Rs.30 per thousand. Minimum Rs.30 only. Free Credit period from 20-50 days Cash withdrawal facility at all ATMs of Canara bank & other Bank ATMs. No Interest on cash withdrawal if paid by the due date. If not paid by the DUE DATE, interest is charged from DUE DATE only and not from the DATE OF CASH WITHDRAWAL. Opt for Revolving Payment system and pay only 5% of the billed amount and defer the payment. Carried over balance attracts service charges at 2.5% p.m. only. No financial charges! i.e., interest on other transactions subsequent to cash withdrawal till the cash withdrawal is repaid. We provide free accident Insurance to you and your spouse too. Lost Card protection! Liability restricted to Rs.1,000 only from the time of reporting. Free card replacement in case of mutilation / loss of card. Free SMS alerts on billing and transactions above Rs. 3000. Please provide your Mobile Phone number for activating this facility Bonus Loyalty Points: National Electronic Fund Transfer (NEFT) facility available for payment of Card dues. Get free Demand Draft from any of the branches towards payment of your card dues. You can also remit cash or Cheque at any branches of Canara Bank towards repayment of card dues. You may cover your family with Floating Medical Insurance Cover under Family CANARA MEDICLAIM Policy with United India Insurance Company Limited at discounted rates. Avail cashless hospitalization facility, at networked hospitals.

CANARA MEDICLAIM APPLICATION FORM CANCOMFORT APPLICATION FORM CANARA CARD FOR DIFFERENT SEGMENT OF CUSTOMERS The credit card has become a vital part of every one's life on account of benefits derived from it. The cardholder has the privilege of paying for hotels and restaurant expenses, services, shopping Airlines bills, Telephone bills and other shopping needs, through the card. This eliminates the need to carry the cash, which is inconvenient and risky. We offer following range of products backed by excellent customer service: CANARA VISA CLASSIC / MASTERCARD STANDARD GLOBAL CARD CANARA GLOBAL GOLD CARD CANARA CORPORATE CARD Click Here to Enroll your Card for Canara Bank Secure Internet Payment Verified By VISA (VbV) and MaterCard SecureCode (MSC)

Customer Relations We have an exclusive Customer Relations section functioning at our Division and; the contact numbers are: Toll Free No. 1800 425 2470. Collect call No. 080-25584171, 080-25582470 Please visit youre nearest Canara Bank Branch for Card application and for more details. GLOBAL ASSISTANCE SERVICES OF VISA- WORLDWIDE AND MASTERCARD INC.

HOUSING LOANS
purpose: For construction / purchase / repairs / additions / renovations of residential house / flat including the purchase of land and construction thereon. For taking over of the Housing Loan liability with other recognized Housing Finance Companies, Housing Boards, Co-operative Banks, Co-operative Societies and Commercial Banks at our prevailing low rate of interest. Eligibility:

Salaried individuals, individuals engaged in business / professionals and self-employed persons. NRIs are also eligible to avail loans without specific permission of RBI. Persons above the age of 55 years are also eligible subject to certain stipulations. of RBI.

How much you are entitled to : We finance upto:

4 years of gross salary to salaried individuals. 4 years' gross annual income to individuals engaged in business or to self-employed persons. For NRIs up to 2 years' gross income and selectively up to 3 years' gross income. Selectively loan upto 5 years' gross salary/ income also permitted Rs.7.5 lacs for repairs / renovations / additions to the existing house / flat. Selectively upto Rs.15 lacs in Metro Centres.

What is your contribution? Loans upto Rs.20 lacs New house / flat (including those for purchase of site & construction of house thereon) Old house/flat 15% 20% Loans above Rs.20 lacs 20% 25%

Margin - 25 % for both new and old houses in respect of housing loans for acquiring second house / flat i.e., where the applicant is already owning a house/flat with or without loan. Rate of Interest (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.

Security:

Mortgage of House / Flat

Repayment:

In convenient equated monthly instalments upto 25 years or borrow attaining age of 70 years whichever is earlier (subject to conditions).

Processing Charges:

0.50% of the loan amount minimum of Rs. 500 and maximum of Rs. 10,000 and no hidden cost. No application fee.

Prepayment : At your choice. We do not levy prepayment penalties except in case of takeover of the loan by other bank/HF institution. Documents / Formalities:

Stipulated Loan Application with 2 passport size photos of applicant / guarantor Sale Deed Agreement for Sale Copy of the approved plan for the proposed construction / extension / addition Detailed cost estimate / valuation report from Bank's Panel Chartered Engineer / Architect Allotment letter of Co-operative Housing Society / Apartment Owners' Association / Housing Board / NOC from the Society / Association / Builders / Housing Board Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary Salary Certificate and Form No.16 (in case of salaried persons) IT Returns filed for the past two years (in case of non-salaried persons) A brief note on the nature of business, year of establishment, type of organization, etc., (in case of selfemployed) Balance Sheet and P&L Account for the past three years (in case of self-employed)

FAQs On Housing Loans Contact your nearest branch Scheme available at all the branches of the bank For details please contact nearest branch of Canara Bank. FAQs on our housing loan scheme Who can avail Housing Loan from us? Any Individual/s either salaried (including NRIs) or engaged in business/self employment.

Is there an age limit for availing the loan: Yes. The applicant should not be above 55 years of age. In case of borrowers opting for repayment of above 15 years, the entire loan should be cleared before the borrower attaining 70 years of age. However, exceptions can be considered selectively based on merits. What are the purposes for which housing loan can be availed?

For construction of house. For purchase of house/ flat. For additional constructions to the existing house. For carrying out repairs/renovations/alteration to the existing house. For takeover of existing housing loan liability from other bank/HFI.

What is the amount of loan one can avail? In case of new house/flat, 85 % of the cost of project for loans upto Rs.20 lacs and 80 % for loans above Rs.20 lacs, depending upon the repaying capacity. In case of repairs/renovation/alterations maximum loan permissible is Rs.7.50 lacs. Selectively upto Rs.15 lacs in Metro centres. What are the components of project cost? Cost of house/flat proposed to be purchased or cost of construction alongwith stamp duty & registration charges and insurance premium can be included in the project cost. Whether housing loan can be availed for purchase of plot alone? No. Though cost of plot can be included in the project cost where construction of house is proposed, the loan cannot be availed for purchase of plot alone. What is the quantum of loan I am eligible for? Loan quantum shall be arrived at as under: a. b. c. Salaried individuals 48 months gross salary Business/Self employed persons 4 times of annual gross income Non Resident Indians 2 times of gross annual income/salary.

Selectively higher quantum of loan can be considered. Loan quantum shall also depend on repayment capacity. Whether rent receivable is taken into account for arriving at loan amount?

The anticipated rental income from the property for which the housing loan is sought cannot be taken into account. However rental income from any other existing property of the applicant can be taken into account provided the amount declared in the IT Return.

Whether additional loan is sanctioned for furnishing the house?

Yes. Additional loan to the extent of 1 year gross income with a maximum of Rs.2.00 lacs in addition to housing loan can be availed as HOME IMPROVEMENT loan. Whether the loan can be availed jointly with spouse? Whether the income of both will be taken into account for arriving at loan quantum? Income of spouse can be clubbed for arriving at the eligible loan quantum and repayment capacity in case the spouse is a joint borrower. Where I can avail Housing loans? On line filing of application is available in our website. 1) Retail Asset Hubs, 2) Central Processing Unit. Through a wide network of branches across the country. How long does it take to get my loan sanctioned? We assure sanction of the loan within one week of submission of all the required documents. What will be the rate of interest? ROI on housing loans Note: For persons availing loan for 2nd house, 0.25 % extra rate of interest will be levied. What is the repayment period of the loan? Loan together with interest can be repaid in EMIs within a maximum period of 25 years, or before the borrower attaining the age of 70 years. Flexible repayment tenor like Step up EMI is also permitted. In case of construction of house or flat maximum repayment holiday of 18 months is permitted. What is NTH (Net take home income/salary)? NTH denotes the amount of income/salary available for sustenance i.e. gross income/salary minus other deductions and EMI for the housing loan. NTH should be 40 % of the gross salary. What is EMI? EMI stands for Equated Monthly Installments. EMI comprises both principal and interest components. You can choose the repayment tenor, which is best suited to your repayment capacity. What is Step up/Step down EMI?

Step UP EMI means EMI stipulated taking into account the anticipated increase in income over a period of time. Effectively it means you pay lesser EMI initially which will gradually increase as your income increases. Step down EMI If bulk payments are made during the currency of the loan, EMI can be reworked for the remaining liability retaining the same tenor. Whether interest applicable is flat rate or at reducing balance? Interest is charged on daily reducing balance. What is the advantage of calculating interest on daily reducing balance? In the annual reducing balance method employed by some of the banks, interest is calculated on the balance outstanding at the commencement of the year. Thus even though you have paid your EMIs regularly you end up paying interest on a higher balance. In the case of the daily reducing balance the interest is calculated only on the outstanding loan amount, which reduces every month as you pay your EMI. This effectively amounts to lower rate of interest. What is the security required by the bank for housing loans? a. b. c. Mortgage of property for which the loan is availed. In case of purchase of flats where mortgage cannot be created immediately, a tripartite agreement shall be executed amongst the developer, borrower and the Bank. Suitable third party guarantee acceptable to the Bank.

Whether valuation of the property is a must?

Valuation of the property is required only in the case of purchase of ready built house/flat, purchase of land on which house is proposed to be constructed and takeover of liability from other banks/HFIs. However in case of purchase of house/flat directly from Government authorities, valuation of property is not required.

What are the processing fees charged by the bank? Nominal processing fee of 0.50% (Min Rs.500/- and Max. Rs.10,000/-) is charged. At present processing charges is waived upto 31.12.2009. Can I prepay the loan or remit amounts more than the EMI? Are there any penalties? Yes, the loan can be prepaid at any moment. Further you can remit any amount over and above the stipulated EMI in case you have surplus funds, as it will bring down your interest burden. No penalty is levied for prepayment/extra payment. However closure of loan by takeover of the loan by another banks/HFI attracts a penalty of 2 % on the outstanding loan amount. What are the tax benefits available for housing loans?

Under Section 24(1), interest repayment of Rs.1,50,000/- per annum qualifies for tax savings. Under Section 80(c) on repayment of principal amount to the extent of Rs.1,00,000/- is also available.

When can I take the IT certificate from the Bank? IT certificate can be taken after the end of a financial year i.e. in April or May for the previous financial year. However you can take a provisional Certificate to avail the IT benefits during the current financial year. What are special features of housing loan of CANARA BANK? a. b. c. d. e. f. Speedy processing through retail asset hubs, Central processing units. Simple and hassle free documentation. Wide network of branches to choose from. Flexible repayment tenors. No prepayment penalty except in case of takeover of loan by other banks. Nominal processing charges and no HIDDEN charges.

CANARA PREMIUM CURRENT ACCOUNT

ELIGIBILITY Individuals, Joint accounts (not more than 4), Proprietory concerns, partnership firms, HUF, Public and Private Limited Companies, Registered or Unregistered Societies or Association, Trust/Provident Fund, Executors/ Administrators, Govt./Semi Govt. Dept, Taluk /District boards, Charitable & Religious Institutions. For existing customers, CUSTOMER REQUEST need only be obtained. Provident fund, Accounts of School/Red Cross Society Accounts of Post office, Accounts for issue of Dividend /Interest warrants Application, Address proof, Photos, Introduction Memorandum and articles of association, Certificate of commencement of business, Certificate of commencement of business Partnership deed, (wherever required) certificate of incorporation and Board Resolution. Minimum Rs. 50,000/Minimum average monthly balance of Rs.50,000/Running (Operative) Account Not eligible for interest Not applicable Applicable to all over India except Jammu & Kashmir The limit specified for the withdrawal/receipt is as under: A/c maintained by (excluding SB accounts) Any individual or HUF Limit for withdrawal/receipt of cash Rs. 50,000/-

SPECIAL ACCOUNTS

DOCUMENTS REQUIRED FOR OPENING THE ACCOUNT

INITIAL BALANCE BALANCE IN THE ACCOUNT PERIODICITY OF DEPOSIT INTEREST TDS BCTT

Any other person NOMINATION FACILITY

Rs. 1,00,000/-

Available Individual Accounts, Joint Accounts, Proprietorship Accounts. Not available for a/cs held in representative capacity, partnerships, Joint Stock Companies, Associations, Clubs and other organizations.

LOAN FACILITY VALUE ADDED FACILITIES

Not applicable

DD facility at 50% concession Funds transfer under NEFT and RTGS (Canspeed) at 50% concession Free Debit Card (as per Bank's rules for issue of Debit Cards) Issue of free Credit Card to the 1st account holder (for others as per existing rules of the Bank) Waiver of DEMAT account opening charges Free Anywhere Banking (AWB) facility Sweep-in Sweep-out facility: Sweep-in into term deposit of amounts beyond Rs.1,00,000/- at the request(one time) of the customer mentioning the tenor of the term deposit. Name printed cheque book. Free funds transfer facility through our Internet Banking Free Telebanking facility No ledger folio charges.

APPLICATION AND DOCUMENTS

Application ; Specimen Signature Card Form 60 or 61 (if customer does not have PAN Card) Photograph of depositor/s (2 copies) ; Proof of address as per KYC Norms Any other related documents applicable to proprietor ship concern, Partnership Firm, Company, HUF etc. For existing customers, CUSTOMER REQUEST need only be obtained.

TAX SAVING PRODUCTS

CANARA TAX SAVER SCHEME

PRODUCT NATURE TARGET GROUP ELIGIBILITY A term deposit scheme under the Fixed Deposit & Kamadhenu Deposit streams Salaried class, businessmen, professionals who come under ambit of tax payers Individual Account can be in the name of the individual for himself or in the

capacity of the Karta of a Hindu undivided family (HUF). Joint Account can be opened by only two adults jointly or an adult and a minor, and payable to either of the holders or to the survivor. (In the case of joint account, the deduction from income under Section 80C of the Income Tax Act, 1961 shall be available only to the first holder of the deposit)

INVESTMENT

Minimum - Rs.100/-(In multiples of Rs.100/- thereafter) Maximum - Rs.1, 00,000/- per person

PERIODICITY OF DEPOSIT INTEREST RATE PERIODICITY OF INTEREST PAYMENT TDS NOMINATION FACILITY LOAN FACILITY PRE-MATURE CLOSURE

5 years

9.00% w.e.f. 01.08.2011 Monthly (discounted)/Quarterly on Fixed Deposits. Compounded quarterly as applicable to KDR. Applicable on interest payable Available, however, no nomination shall be made in respect of a deposit under the scheme applied for and held by or on behalf of a minor Cannot be pledged as security/collateral security for loans/advances Cannot be closed prematurely (as per the guidelines of GOI)

SPECIAL FEATURES

Deduction from income upto Rs.1 lakh under Sec.80C of The I T Act, 1961; Higher rate of interest

APPLICATION & DOCUMENTS

NF 108 Application Form Form 60 or 61 (if customer does not have PAN Card) Photograph of depositor/s (2 copies) Proof of address as per KYC Norms Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF etc

RETAIL SALE OF GOLD COINS SAFE DEPOSIT LOCKERS

Keep your valuables in our lockers and have peace of mind. Lockers available at select branches where Safe Deposit Vaults are installed. Bank lets on hire safe deposit lockers to individuals (Singly or jointly), Firms, Companies, Association or Clubs, Trustees on nominal rent. SAFE CUSTODY SERVICES This subsidiary service is rendered by the Bank to most valued customers. Bank undertakes the responsibility of safe custody of articles entrusted by the customer under a contract and return the same according to terms agreed upon. NOMINATIONS This facility has been devised with an aim of minimising the hardships caused to the family members on the death of the depositor/s. Nominations can be made in respect of all types of deposit accounts by the individual account holders in their own capacity singly or jointly. Facility available at select branches. EXTENDED BANKING HOURS Now you can do your Banking operations for more time. We have extended our business hours by one hour more for your convenience. (at all our branches). DD SHOPPE Get your demand drafts through our exclusive DD outlets. Our DD shoppe issues demand drafts upto one hour before close of office hours. Facility available at select branches.