Canara Bank Credit Card

Canara Bank Credit Card is a financial product offered by Canara Bank, one of India’s leading public sector banks. The credit card provides customers with the convenience of making cashless transactions, both online and offline, while also offering various rewards and benefits. Canara Bank offers a range of credit cards tailored to suit different needs, including cashback cards, travel cards, and rewards cards. These cards come with features such as fuel surcharge waivers, dining discounts, and reward points for every purchase. With its widespread network and customer-centric approach, Canara Bank Credit Card aims to enhance the overall banking experience for its customers and cater to their diverse financial requirements.

Features and Benefits of Canara Bank Credit Card

Reward Points: Earn 2 points for every Rs. 100 spent and redeem them at Rs. 0.25 per point.
Special offer on Mediclaim Insurance: Canara Bank credit cardholders get competitive premiums on Mediclaim policies from M/s United India Insurance Company.
Complimentary Baggage Insurance: Receive free coverage against lost baggage, up to Rs. 25,000.
Complimentary Accident Insurance: Enjoy complimentary insurance for accidental death, for you and your spouse.
Cash Advance: Withdraw up to 50% of your credit limit in cash when needed.
Add-On Cards: Extend card benefits to immediate family members aged 18 and above.
Zero Annual Fees: No annual fees on Canara Bank credit cards, except for corporate add-on cards (Rs. 400 fee).
Fuel Surcharge Waiver: Get a waiver on the 2.5% fuel surcharge for fuel purchases of Rs. 400 and above.
Internationally Accepted: Domestic use cards available, with global cards issued upon request.
Interest-Free Period: Enjoy up to 50 days of interest-free payment period.
No Lost Card Liability: Report lost cards to Canara Bank immediately, and your liability will be limited to Rs. 1,000 after reporting.

Fees and Charges

Classic/Standard Card: No joining fee.
Corporate Card: Rs. 250 joining fee for EMV chip and PIN card.
Gold Card: Rs. 250 joining fee for EMV chip and PIN card.
Secured Card: No joining fee.

Eligibility Criteria

Age: You must be between 21 and 60 years old.
Income Requirement: You need to have a minimum annual income of INR 1,00,000.
Employment: Both salaried individuals and self-employed individuals can apply.

Documents Required

When applying for a Canara Bank credit card, you need to attach these mandatory documents with the application form:

  • Passport-size photographs.
  • PAN Card (Permanent Account Number).
  • Aadhaar Card (ID proof).
  • Income Proof, which can include any of the following: Income Tax Return (ITR) documents, Balance sheets, Form 16, or Payslips.

How To Apply for Canara Bank Credit Card?

  1. Go to the official website of Canara Bank.
  2. Look for the “Credit Cards” section on the website.
  3. Explore the different types of credit cards offered by Canara Bank and choose the one that suits your needs.
  4. Before applying, ensure that you meet the eligibility criteria specified for the chosen credit card.
  5. Once you have selected the credit card, click on the “Apply Now” button associated with that card.
  6. You will be redirected to an online application form. Provide all the required details, including personal information, contact details, and income-related information.
  7. Upload necessary documents like passport-size photographs, PAN Card, Aadhaar Card, and income proof.
  8. Review and submit the form online.
  9. After submitting the application, Canara Bank will review your details and documents. They may contact you if any further information is required.
  10. If your application is approved, you will receive your Canara Bank credit card at the address provided in the application form. The bank will also send the PIN and other relevant information separately for security purposes.