Frequently Asked
General FAQ's

Will my EMI for the loan against property change if I prepay the outstanding amount?

Canara Bank facilitates its customers with a prepayment option for Loans against the property. However, there will be certain changes in the loan prepayment of rules - The outstanding loan amount on the mortgage loan will reduce prepayment. The borrower may either go with the same EMI amount or opt for a loan's reduce tenure.