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Should I Apply for Canara Bank Credit Card ?

Whether I should Apply for Canara Bank Credit Card ? – The answer is YES. Public Sector Canara Bank is offering a bunch of Credit Cards to their customers with credit limit as higher as Rs 25 lacs for VISA Signature, Gold & Rupay Select Credit Card holders, where as Rs 5 lacs maximum limit for Platinum & Classic Card holders. There are no Joining Fees, No Renewal fees and lot of benefits with easy EMI facility at Lower rate of Interest as compare to other Credit Cards available in the market. The credit cards offer by the bank is supported by VISA, Mastercard, Rupay with International Transactions. 

Canara Bank Credit Card offers are also available for Flight ticket booking or Foods or deals on major shopping sites.

How to Apply For Canara Bank Credit Cards ?

Canara Bank Credit Cards are easily available to the customers and borrowers of the bank. If you are an existing customer of Canara Bank with good and long relationship, there are higher chances of getting the credit card. There are certain  pre approved categories where bank is offering Credit Card without any check i.e. borrowers of Home Loan, Vehicle Loan, Mortgage loans, MSME borrowers and high net worth individuals. Even NRIs are also being offered the credit cards under this category.

Canara Bank Credit Card Apply, Eligibility

  1. If you are having any of the existing loan i.e. Home loan, MSME Loan, Mortgage Loan or Vehicle loan,
  2. Visit the Home branch and fill the application of Credit Card
  3. You may also apply for free Add On card with the application
  4. Submit the Credit Card application with the branch officials along with PAN Card copy & one Photo
  5. You may receive the card within 7 days at the address available in to your account.

How To Download Canara Bank Credit Card application ‘Canara Saathi’ ?

Canara Bank is offering the Credit Card app on Android & iOS for easy accessibility of the card services at go. Just download the Credit Card app on your mobile device and do the transactions or check balance. Even you may enable & disable the International Transactions through the app. The app is very useful in converting the largest transactions in the EMI. Simply follow the steps and convert any transactions more than Rs 2500 in to easy EMI. Know – How to Pay Canara Bank Credit Card Bills Via EMI ?

Just follow the below steps to download the Canara Saathi app.

  1. Visit the Google Playstore or iOS store
  2. Download the app
  3. Give the permission to the app
  4. Register with your Credit Card details
  5. An OTP will be auto validated with your device
  6. That’s Done.
  7. Start using the app for PIN Reset or Enabling and disabling of Transaction right or getting a statement.
4 Total Score
DIGIHELP RATING : GOOD

Canara Bank Credit Cards are the finest offering to start with Credit journey. They are offering credit card with no annual fees, no joining fees and not much documents also. Cards are also good enough for EMI conversion at decent Rate of Interest. A must go Credit Card for all categories of the customers.

Annual Fees
5
Lounge Access
4
EMI/Interest Rate
4
Benefits
3
PROS
  • Lowest EMI Interest Rate of 14% plus GST
  • Processing charges are flat Rs 200, irrespective of the amount
  • The repayment period are flexible in 3,6,9,12,18 months
  • There is no Annual Fees on the Credit Cards
  • Easy EMI conversion through the Canara Saathi app or Customer Care
CONS
  • Corporately lesser offers and reward point on the cards
  • Inactivity fees on non usage of credit card
  • No Credit Card Loan
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