A Card for All Your Needs Canara Bank Visa Classic Credit Card

Canara Bank, one of the renowned banks of India, provides you a variety of banking products. One such product is a credit card. You can get a Canara Bank Credit Card to save on your purchases availing cashback and rewards. How to get a Canara Bank Credit Card? What is the Canara Bank eligibility criteria for a credit card?  Find all the answers to these questions is in this article.
Canara Bank best credit cards
It provides you multiple credit cards depending on the applicant's eligibility & capacity to repay. Canara Bank Visa Classic Credit card is one such credit card which falls under the category of Mastercard. The credit card offers you a wide range of benefits such as you’ll get 2 reward points on Rs. 100 spend on the card. You can redeem your points later as each point is equal to Rs. 0.25. It comes with a 50 days credit-free period the bank will not charge any interest on the first 50 days of the credit card usage. Canara Bank Credit Card is globally accepted and comes with a minimum credit limit of Rs. 10,000 to maximum credit limit depending on the applicant's annual income. This credit card comes with add-on features, So you can add your family members to the credit card for free.
Applicable fee & charges of Canara bank credit card
You have to pay some charges to the bank for the credit card such as:
  1. User has to pay a revolving interest on the credit which is 2.5% per month or 30% per annum.
  2. Cash withdrawal charges from Canara Bank ATMs is 3% of the transaction amount. 
  3. Bank charges a late payment fee from the customer which is 2% of the due amount.
  4. Canara Bank does not charge any replacement fee from the customer, you just need to pay the EMV card charge which is Rs. 250. 
  5. Bank does not charge any annual or entrance fee from the customers.
Canara Bank Visa Classic Credit Card Eligibility Criteria

The applicant needs to focus on these points while applying for Canara Bank Credit Card.
  • The minimum income required is Rs. 1 lakh per annum.
  • You should have a Canara Bank account.
  • You need to have a PAN card.
  • You need a mobile connection to subscribe to the SMS alerts.
  • You need a good credit history. Canara Bank will enquire into your CIBIL score.
Ways to get a Canara Bank Visa Classic credit card

You just need to visit the nearest Canara Bank branch and apply for a credit card. Fill the credit card application form with the correct details and provide the required documents. Alternatively, you can do the same by just visiting the Canara Bank official website through your desktop or mobile phones. Follow the steps to apply for Canara Bank Credit Cards.
  • Enter the website login to your account.
  • Click on the “card services” option.
  • After that click on “credit card”.
  • Choose the “Canara bank visa classic credit card”.
  • Check your credit card eligibility using the eligibility calculator. 
  • Fill the details & upload the necessary documents.
  • At last click on the “submit” button.
This is the online procedure to apply for a Canara Bank Credit Card.

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