Phone  whatsapp 1800 1030
WEB_ACCESSIBILITY_CERTIFICATE

  • Canara

  • Swarna Loan
  • Loan to meet the unforeseen contingencies (non-speculative purposes).
  • Lower Rate of Interest.
  • No Prepayment penalty.
  • Minimal processing charges.
  • Multiple transactions within the limit allowed.
  • Quick processing and disbursement.
  • To meet the Medical and other unforeseen expenses/ investment/ domestic expenses (non-speculative purposes).
Nature of Facility Single Transaction Limit
Loan Quantum
  • Up to 65% of the Appraised Value of Gold.
  • Minimum Amount - Rs. 5000/-
  • Maximum amount - Rs. 35 Lakh.
    Subject to a ceiling of Rs. 35 Lakh per Borrower under four schemes viz Swarna loan, Swarna OD, Swarna Express & Swarna Monthly Interest.
Security

Pledge of

  • Gold ornaments/Jewellery.
  • Specially minted Gold coins sold by banks up to 50 grams per customer.
Repayment Loan to be repaid within 12 months from the date of sanction as bullet payment along with interest.

Nomination Facility is available

  • Resident Individuals, NRIs
  • RLLR + 0.95% w.e.f., 12.12.2025
Loan Product Consolidated Processing Charges (Excluding GST) till 31.03.2026

Swarna loan

0.30% of the Loan amount with a minimum of Rs.250.00 and maximum of Rs.3000.00

Swarna Overdraft

Swarna Monthly Interest
Swarna Express 0.15% of the Loan amount with a minimum of Rs.125.00 and maximum of Rs.1500.00
  1. What is Canara Swarna Loan?
    Canara Swarna Loan is a gold loan facility that allows you to pledge gold jewellery or eligible gold coins to meet medical, domestic, or other urgent financial needs for non-speculative purposes.

  2. Who is eligible to apply for a Swarna Loan?
    Resident Individuals and NRIs are eligible to apply.

  3. How much loan can I get against my gold?
    Up to 65% of the appraised value of gold subject to:
    • Minimum loan: ₹5,000
    • Maximum loan: ₹35 lakh per borrower

  4. What type of gold is accepted?
    • Gold ornaments and jewellery
    • Specially minted gold coins sold by banks (up to 50 grams per customer)

  5. Maximum loan amount allowed?
    Total exposure across Swarna Loan schemes capped at ₹35 lakh.

  6. Repayment period?
    12 months from sanction date as bullet repayment with interest.

  7. Is there prepayment penalty?
    No prepayment penalty. Loan can be closed anytime within tenure.

  8. Processing charges?
    • Swarna Loan / OD / Monthly Interest: 0.30% (₹250 min, ₹3,000 max)
    • Swarna Express: 0.15% (₹125 min, ₹1,500 max)

  9. How quickly is loan processed?
    Quick processing after gold appraisal and document verification.

  10. Multiple withdrawals allowed?
    Yes, within sanctioned limit as per scheme guidelines.

  11. Purpose of loan?
    Medical emergencies, domestic expenses, or urgent non-speculative needs.

  12. Nomination facility available?
    Yes, nomination facility available.

  13. Income proof required?
    Minimal documentation since loan is secured against gold.

  14. If not repaid within 12 months?
    Bank may initiate recovery action including auction of pledged gold.

  15. Why choose Canara Swarna Loan?
    Competitive rates, minimal charges, no prepayment penalty, quick disbursement, flexible schemes and transparent valuation.

QUICK ACCESS ESG
CUSTOMER SERVICES
COMPLIANCE IMPORTANT LINKS
ONLINE SERVICES MEDIA CENTRE

SITEMAP | TERMS AND CONDITIONS - View | Download pdf icon (.pdf - 80.68 KB) | COPYRIGHT POLICY - View | Download pdf icon (.pdf - 99.56 KB) | WEBSITE SECURITY POLICY - View | Download pdf icon (.pdf - 80.58 KB) | PRIVACY AND COOKIES POLICY | T&C WHATSAPP BANKING - View | Download pdf icon (.pdf - 150.97 KB) | CHATBOT TERMS & CONDITIONS - View | Download pdf icon (.pdf - 158.75 KB) | WIM - View | Download pdf icon (.pdf - 138.51 KB) | WIM DETAILS | CONTENT CONTRIBUTION MODERATION AND APPROVAL (CMAP) POLICY - View | Download pdf icon (.pdf - 147.02 KB) | CONTENT ARCHIVAL POLICY (CAP) - View | Download pdf icon (.pdf - 105.5 KB) | CONTENT REVIEW (CRP) POLICY - View | Download pdf icon (.pdf - 94.86 KB)

© 2026, Canara Bank, All rights reserved

01-04-2026 01:15 AM

Content Owned by Canara Bank