HomeNewsBankingCanara Bank introduce gold loan business vertical

Canara Bank introduce gold loan business vertical

Canara Bank introduce gold loan business vertical

  • The largest public sector bank Canara has recently begun a new and special business vertical dedicated to gold loans. this new gold loans will meet customers’s financial needs amid the COVID-19 pandemic. The gold loan campaign will be ended on 30th June 2020 and the interest rate is to be 7.85% per annum.
  • The special gold loan business vertical products have been designed by keeping in mind the challenges faced by its customers.
  • Customers can use this for different purposes, such as expenses for agriculture and allied activities, business needs, health emergencies and personal needs. Canera Bank has given loan facility from all designated branches in the country.

About Canara Bank –
CEO – Lingam Venkat Prabhakar
Headquarters – Bengaluru
Chairman – T. N. Manoharan
MD & CEO – Lingam Venkat Prabhakar

Canara Bank introduce gold loan business vertical

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Q.1 What is the aim of special business vertical dedicated to gold loans?

The special business vertical dedicated to gold loans will meet customers’s financial needs amid the COVID-19 pandemic. Learn More

Q.2 For what purpuse customers can use credit ?

Customers can use this for different purposes, such as expenses for agriculture and allied activities, business needs, health emergencies and personal needs. Learn More

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