Frequently Asked Questions

• What is an EMI?
• How is EMI calculated for a car loan?
• What is the interest rate for Canara Bank car loans?
• Can I prepay my car loan EMI?
• What happens if I miss an EMI payment?
• What is the maximum tenure for a car loan in Canara Bank?
• Can I apply for a car loan online?
• Does Canara Bank offer any special schemes for car loans?
• Are there any hidden charges in car loans?
• How does the EMI calculator work?