A Brief Profile of the Bank Widely known for customer centricity, Canara Bank was founded by Shri Ammembal

Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port town in Karnataka. The Bank has gone through the various phases of its growth trajectory over hundred years of its existence. Growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments. Eighties was characterized by business diversification for the Bank. In June 2006, the Bank completed a century of operation in the Indian banking industry. The eventful journey of the Bank has been characterized by several memorable milestones. Today, Canara Bank occupies a premier position in the comity of Indian banks. With an unbroken record of profits since its inception, Canara Bank has several firsts to its credit. These include:

Launching of Inter-City ATM Network Obtaining ISO Certification for a Branch Articulation of Good Banking Banks Citizen Charter Commissioning of Exclusive Mahila Banking Branch Launching of Exclusive Subsidiary for IT Consultancy Issuing credit card for farmers Providing Agricultural Consultancy Services

Over the years, the Bank has been scaling up its market position to emerge as a major 'Financial Conglomerate' with as many as nine subsidiaries/sponsored institutions/joint ventures in India and abroad. As at September 2012, the Bank has further expanded its domestic presence, with 3650 branches spread across all geographical segments. Keeping customer convenience at the forefront, the Bank provides a wide array of alternative delivery channels that include 3184 ATMs, covering 1182 centres. Several IT initiatives have been undertaken during the year, which include Funds Transfer through Interbank Mobile Payment Services (IMPS) in ATMs, ASBA facility to net banking users, E-filing of tax returns and facility for viewing details of tax deducted at source, Terminal at 223 branches for customers to use net banking, SMS/e-mail alerts for all transactions done through ATM, net banking, POS, mobile banking, online payments irrespective of amounts, online loan applications and tracking facility, generation of automatic pass sheets through e-mail and automatic renewal of term deposits. Under Government business, the Bank has implemented internet based application for UGC Maulana Azad National Fellowship Scheme, Web portal for National Scheme for Girl Child Secondary Education, Electronic Accounting Systems of e-Receipts-Customs (EASeR-C) for collection of customs duty and e-payment of commercial taxes module for UP, Karnataka, Delhi and Tamil Nadu. Not just in commercial banking, the Bank has also carved a distinctive mark, in various corporate social responsibilities, namely, serving national priorities, promoting rural development, enhancing rural self-employment through several training institutes and spearheading financial inclusion objective. Promoting an inclusive growth strategy, which has been formed as the basic plank of national policy agenda today, is in fact deeply rooted in the Bank's founding principles. "A good bank is not only the financial heart of the community,

but also one with an obligation of helping in every possible manner to improve the economic conditions of the common people". These insightful words of our founder continue to resonate even today in serving the society with a purpose. The growth story of Canara Bank in its first century was due, among others, to the continued patronage of its valued customers, stakeholders, committed staff and uncanny leadership ability demonstrated by its leaders at the helm of affairs. We strongly believe that the next century is going to be equally rewarding and eventful not only in service of the nation but also in helping the Bank emerge as a "Global Bank with Best Practices". This justifiable belief is founded on strong fundamentals, customer centricity, enlightened leadership and a family like work culture.

History Late Sri Ammembal Subbarao Pai Our Beloved Founder Founded as 'Canara Bank Hindu Permanent Fund' in 1906, by late Shri Ammembal Subba Rao Pai, a philanthropist, this small seed blossomed into a limited company as 'Canara Bank Ltd.' in 1910 and became Canara Bank in 1969 after nationalization.

"A good bank is not only the financial heart of the community, but also one with an obligation of helping in every possible manner to improve the economic conditions of the common people" - A. Subba Rao Pai. Founding Principles 1. 2. 3. 4. To remove Superstition and ignorance. To spread education among all to sub-serve the first principle. To inculcate the habit of thrift and savings. To transform the financial institution not only as the financial heart of the community but the social heart as well. 5. To assist the needy. 6. To work with sense of service and dedication. 7. To develop a concern for fellow human being and sensitivity to the surroundings with a view to make changes/remove hardships and sufferings. Sound founding principles, enlightened leadership, unique work culture and remarkable adaptability to changing banking environment have enabled Canara Bank to be a frontline banking institution of global standards.

Significant Milestones Year 1st July Canara Hindu Permanent Fund Ltd. formally registered with a capital of 2000 shares of 50/- each, 1906 with 4 employees. 1910 1969 1976 1983 1984 1985 1987 1989 198990 199293 199596 200102 200203 200304 200405 200506 200607 200708 Canara Hindu Permanent Fund renamed as Canara Bank Limited 14 major banks in the country, including Canara Bank, nationalized on July 19 1000th branch inaugurated Overseas branch at London inaugurated Cancard (the Banks credit card) launched Merger with the Laksmi Commercial Bank Limited Commissioning of Indo Hong Kong International Finance Limited Canbank Mutual Fund & Canfin Homes launched Canbank Venture Capital Fund started Canbank Factors Limited, the factoring subsidiary launched Became the first Bank to articulate and adopt the directive principles of Good Banking. Became the first Bank to be conferred with ISO 9002 certification for one of its branches in Bangalore Opened a 'Mahila Banking Branch', first of its kind at Bangalore, for catering exclusively to the financial requirements of women clientele. Maiden IPO of the Bank Launched Internet Banking Services 100% Branch computerization Entered 100th Year in Banking Service. Launched Core Banking Solution in select branches. Number One Position in Aggregate Business among Nationalized Banks. Retained Number One Position in Aggregate Business among Nationalized Banks. Signed MoUs for Commissioning Two JVs in Insurance and Asset Management with international majors viz., HSBC (Asia Pacific) Holding and Robeco Groep N.V respectively. Launching of New Brand Identity. Incorporation of Insurance and Asset Management JVs. Launching of 'Online Trading' portal. Launching of a Call Centre. Switchover to Basel II New Capital Adequacy Framework.

200809 200910 201011 201112

The Bank crossed the coveted 3 lakh crore in aggregate business. The Banks 3rd foreign branch at Shanghai commissioned. The Banks aggregate business crossed 4 lakh crore mark. Net profit of the Bank crossed 3000 crore. The Banks branch network crossed the 3000 mark. The Banks aggregate business crossed 5 lakh crore mark. Net profit of the Bank crossed 4000 crore. 100% coverage under Core Banking Solution. The Banks 4th foreign branch at Leicester and a Representative office at Sharjah, UAE, opened. The Bank raised 1993 crore under QIP. Govt. holding reduced to 67.72% post QIP. Total number of branches reached 3600. The Banks 5th foreign branch at Manama, Bahrain opened.

As at September 2012, the total business of the Bank stood at 552513 crore. Vision & Mission Vision To emerge as a Best Practices Bank by pursuing global benchmarks in profitability, operational efficiency, asset quality, risk management and expanding the global reach. Mission To provide quality banking services with enhanced customer orientation, higher value creation for stakeholders and to continue as a responsive corporate social citizen by effectively blending commercial pursuits with social banking. Awards & Achievements

Awards and Achievements during 2012-13

Canara Bank received 2nd Runner Up award for 'Best Online Bank' among Public Sector Banks at IBA Banking Technology Awards 2011 Canara Bank received 2nd Runner Up award for 'Best Customer Relationship Initiative' among Public Sector Banks at IBA Banking Technology Awards 2011 Canara Bank received IDRBT Best Bank Award Among Large Banks For "Use of Technology for Financial Inclusion" from the hands of RBI Governor Dr. D Subbarao.

Service Units Package

First Bank to introduce Centralized Solution for Service Units (CSSU), developed in-house adopting the latest technology in the I.T. Industry

Awards and Achievements during 2011-12

Under the implementation of Rajbhasha, the Bank received Indira Gandhi Rajbhasha Puraskar Yojna2009-10 - Encouragement Prize. NABARDs Best Performance Award, 2010-11, for SHG Credit Linkage and Best Performing Farmers Club Award of NABARD, 2010-11, in Karnataka. The Bank was conferred 5 Awards by the Public Relations Council of India (PRCI), in the following categories

Silver Award for Corporate Advertisement - Single Language Bronze Award for Annual Report Bronze Award for Corporate Brochure on CSR activities Bronze Award for Corporate Single Advertisement - English Bronze Award for Shreyas In-house Magazine - English

Received during 2011-12

Canara Bank was awarded coveted skoch award for financial inclusion on 5.01.2012 at New Delhi. The award was handed over by Dr C Rangarajan, Chairman Prime Ministers. Economic Advisory Council to Smt Archana Bhargava Executive Director Canara Bank in a glittering function held at New Delhi. The other dignitaries present on the occasion were Dr D Damodaran Former Chairman SEBI, Dr Govinda Rao, Mr Yogesh Aggarwal Chairman PFRDA. A certificate of merit was handed over to S S Bhat General Manager Financial Inclusion Wing for Canara Banks role in providing Access to Banking and Financial Services. Citation reads as "Canara Bank has a hand in every arena when it comes to

promoting financial inclusion through skilling and self employment. During last one year it has shown significant improvement in its financial inclusion efforts. " Canara Bank deems it a great honour and would redouble its efforts for the cause of financially excluded

The Bank was conferred with National Award - 2011 for excellence in the field of Khadi and Village Industries - Best Bank, South Zone for PMEGP. Corporate Social Responsibility Award-2011 to CANARA BANK

Received during 2010-11 Awards/Accolades

Canara Utsav & SLBC Kerala-Declaration of total banking coverage - 2009-10 Canara Bank bags Indira Gandhi Rajbhasha shield 2009-10 The Bank has been conferred with the Second Best Bank Award under National Awards for Excellence in lending to Micro Enterprises for the year 2009-10, by the Ministry of MSME and Outstanding Performer at National level for implementation of Interest Subsidy Eligibility Scheme (ISEC) of KVIC in the country for 2009-10. The Bank was conferred 4 awards by the Public Relations Council of India (PRCI), in the following categories

Silver Award for Corporate Film ( TV Commercial ) English Bronze Award for House Journal/Magazine Languages Bronze Award for Table Calendar Bronze Award for Corporate Advertisement Single - English

SPECIFIC ACHIEVEMENTS PERTAINING TO RECOVERY WING ARE AS FOLLOWS: 1. CASH RECOVERY OF Rs.750 CRORE ACHIEVED DURING JUNE 2011 QUARTER WHICH IS ALL TIME HIGH FOR ANY PARTICULAR QUARTER. 2. ON LINE AUCTION OF SECURED ASSETS INTRODUCED AND IMPLEMENTED UNDER SARFAESI. ACHIEVEMENT OF INSPECTION WING: Total No. of Branches / Units risk rated : 3378 No. of LOW Risk branches: 2009

% of LOW Risk branches : 59.47 % No. of HIGH Risk branches : 1 Audit / Inspection conducted as per the audit plan and there is no backlog. The concurrent audit of 494 branches cover 79 % of advances and 53 % of deposits of the Bank. Priority Sector Performance
A. Priority Sector Advances : Performance as at March 2011

B. Highlights of Priority Sector Performance in last 3 years.

o o o

Bank has achieved hat-trick by crossing all mandated, SoI and Internal Targets in Priority Credit. Bank has doubled the growth under Agriculture in 2009-10 compared to 2008-09. The Agriculture disbursement in FY 07-08 was Rs.11443 crore while in it in FY 10-11 Rs. 22374Crores, which is almost doubled in a period of 3 years. Education loan stood at Rs.3503 crore, compared to O/s level of Rs.1737 crore for Mar 08 more than doubled in 3 years. Weaker Sections, SC/ST and Minority advances also more than doubled in 3 years.

C. Priority Sector Lending in last 4 years

D. Growth in Priority Sector Lending over last 3 years Outstandings Growth Segments March'2008 March2011 QTM %

Priority Agriculture Direct Agri Education Micro Credit Weaker Sections SC/STs Minority Agri Disbursement

43,203 17,996 12,897 1,737 173 7,528 2,055 4,551 11,443

70,757 29,656 22,669 3,503 339 17,823 5,087 11,718 22,374

27,554 63.78 11,660 64.79 9,772 166 75.77 95.95 1,766 101.67 10,295 136.76 3,032 147.54 7,167 157.48 10,931 95.53

E. F. Corporate Social Responsibility of the Bank G. Performance of Regional Rural Banks, sponsored by Canara Bank (Performance for the year ended

March 2011) H. A W A R D S:
o o o o o o o o

FICCI AWARD FOR OUTSTANDING CONTRIBUTION TO RURAL DEVELOPMENT GOLDEN PEACOCK AWARD FOR BEST CORPORATE SOCIAL RESPONSBILITY SOCIAL AND CORPORATE GOVERNACE AWARD AMITY INTERNATIONAL BUSINESS SCHOOL CSR AWARD FICCI SEDF BUSINESS WORLD SECOND BEST CORPORATE CITIZEN AWARD NATIONAL MASTER CRAFTSMAN AWARD KAMALADEVI CHATTOPADHYAYA AWARD RECOGNITION BY GOVERNMENT OF INDIA AS NODAL SELF EMPLOYMENT TRAINING CENTER

Shareholder Information

NOTICE FOR THE TENTH ANNUAL GENERAL MEETING OF SHAREHOLDERS OF CANARA BANK Financial Results Annual Reports Shareholding Pattern

Corporate Governance Financial Results as on 31-03-2011 Code of Conduct for all members of core Management Team FAQs UNPAID / UNCLAIMED DIVIDEND AMOUNTS UNPAID / UNCLAIMED REFUND ORDER AMOUNTS

LISTING: Canara Bank Shares are listed at Mumbai and National Stock exchanges. ADDRESS OF COMPANY SECRETARY: The Company Secretary, Secretarial Department, Chairman & Managing Director's Secretariat, Head Office, 112, J.C.Road, Bangalore - 560 002. Phone : 080- 2210 0250 Fax 080- 22248831 E.Mail :hosecretarial@canarabank.com (Exclusive E-Mail ID designated for investors' grievances / complaints pursuant to Clause 47(f) of the Listing Agreement with the Stock Exchanges) In terms of Clause 47 (a) of the Listing Agreement, Shri B Nagesh Babu, Company Secretary is the Compliance Officer of the Bank. SHARE TRANSFER AGENTS : The Bank has appointed M/s. Karvy Computershare Private Limited, Plot No. 17 to 24, Vittal Rao Nagar, Madhapur, Hyderabad - 500 081 as its share transfer agent to whom communications regarding change of address, change in Bank Mandate, transfer of shares , Mandate for ECS etc. should be addressed. Phone No.: 040 - 44655000, Fax: 040-23420814 Email: einward.ris@karvy.com SHARE TRANSFER SYSTEM Interms of SEBI guidelines, the Registrar and Transfer agent of the Bank is extending the facility of simultaneous transfer -cum dematerialisation of shares to the investors. On transfer of shares in the name of the transferee , they are being apprised to submit letters to their depository participants for dematerialisation of

shares. On receipt of Demat request forms, the shares are dematerialised and confirmation through electronic mode is sent. If the demat request number is not received within a period of 30 days, the duly transfered share certificate is despatched to the transferee. PAN requirement for transfer of shares in Physical Form : As per the guidelines of the Securities and Exchange Board of India (SEBI), for securities market transactions and off-market / private transactions involving transfer of shares in physical form, it shall be mandatory for the transferee/s to furnish copy of PAN Card to the Registrars and Transfer Agents (RTA) for registration of such transfer of shares. Further, it shall be mandatory to furnish a copy of PAN in the following cases : 1. Deletion of name of the deceased shareholder(s), where the shares are held in the name of two or more shareholders. 2. Transmission of shares to the legal heir(s), where deceased shareholder was the sole holder of shares. 3.Transposition of shares - when there is a change in the order of names in which physical shares are held jointly in the names of two or more shareholders. DETAILS REGARDING DEPOSITORIES: Names of Depositories for Dematerialisation: 1. National Securities Depository Ltd (NSDL) 2. Central Depository Services (India) Ltd (CDSL) The Bank has entered into an agreement with National Securities Depository Ltd and Central Depository Services (India)Ltd as an issuer company for Dematerialisation of Bank shares. In accordance with the directions of the Securities and Exchange Board of India, trading in Canara Bank Shares by all categories of Investors will only be permitted in dematerialised form. MEANS OF COMMUNICATION: Quarterly financial results are published in leading English Dailies and in Regional Language Newspaper based in Bangalore as also put on Website of the Bank - www.canarabank.com

Personal Banking Loans Whatever your need, our range of loans can help Know More Home Loan Get the home of your dreams - with a little help from us. Know More Loan against Property Get a loan against your residential or commercial property. Flexibility to choose between an EMI based loan or an Overdraft. Know More

Personal Loan A wedding in the family? Maybe your house needs renovation? Our range of Personal Loans brings you one step closer to your dreams Know More Overdrafts Get an overdraft against your car and utilise the money for your personal or business needs. Know More

Loan Products Housing Loan Know More Canara Mobile (Vechicle) Know More Canara Pension Know More Canara Rent Know More Canara Jeevan Know More Canara Consumer Loan Know More Home Improvement Loan Know More Canara Site Loan Know More Teachers Loan Know More Canara Mortgage Know More Doctors Choice Know More Canara Cash (Shares) Know More Canara Budget(For Employed/Business) Know More Swarna Loan(Gold Loan) Know More Canara Guide Know More For Online Education Loan Know More

Technology Products The following facilities are available at our ATMs. Customers can avail these services by following the menu driven options.

Mobile Recharge Mobile Top ups Airline Ticket Booking VISA Money Transfer Deposit of Collection Cheques

RTGS / NEFT - an Inter-bank funds transfer facility for customers Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer System (NEFT) are two efficient, secure, economical, reliable system of funds transfer from Bank to Bank. Now fund transfer can be made to more than 36000 Bank branches across India. These facilities are available in more than 3500 brancehs of Canara Bank (addresses and IFSC codes are available in our website under 'locator') . NEFT/RTGS facilities are available across all the branches irrespective of the home branch. Brief details on Real Time Gross Settlement (RTGS)

An electronic payment system in which payment instructions between banks are processed and settled individually on a real time basis Minimum amount of funds transfer under this facility is Rs.2,00,000/RTGS SYSTEM WORKS ON ALL DAYS EXCEPT ON SUNDAYS AND NATIONAL HOLIDAYS Charges refer to details under service charges in our website. Customer should furnish details of payees name, bank account number and type, receiver bank name , branch name and IFSC code of the receiver Bank branch (IFSC codes of all the bank branches are available in RBI website www.rbi.org.in)

Brief details on National Electronic Funds Transfer (NEFT):

Another electronic payment system in which payment instructions between banks are settled at fixed intervals There is no minimum / maximum limit for transactions under NEFT. NEFT SYSTEM WORKS ON ALL DAYS EXCEPT ON SUNDAYS AND NATIONAL HOLIDAYS Charges refer to details under service charges in our website. Customer should furnish details of payees name, bank account number and type, receiver bank name , branch name and IFSC code of the receiver Bank branch (IFSC codes of all the bank branches are available in RBI website www.rbi.org.in)

CANARA CARD is a GLOBAL CREDIT CARD from the house of Canara Bank, one of the leading Banks in India, with around 2700 Branches and 34 million loyal customer base. In tune with our tradition of offering quality products with competitive features and best customer service, we are delighted to introduce you to the Canara Global credit Cards, offered to the privileged & elite people of the society. Canara Card is designed to meet your high-end life style with anything you might need to make your experience a sheer pleasure. No matter where you are across the world, luxury and comfort is always at hand. Our cards enjoy the privilege of worldwide acceptance and free insurance coverage. Canara Cards are backed by a wide network of CANARA BANK branches and 24 Card Service centers located at many important cities spread across the country. CANARA BANK is the principal member of VISA-WORLDWIDE and MASTERCARD INC. With its fantastic features and transparency in transactions, you will be delighted to know, why you chose the right card. Please read further to know more about Canara Global cards. CANARA CARD PRIVILEGES

No Annual fee & Enrolment fee till 31.08.2013. (Special offer) Canara Card is accepted throughout the world Minimum Gross income to get CANARA CARD is Rs.60,000 p.a. only. Liberal Card limit. Get 30% of your gross annual income as your Card limit. Fixing of the limit is at the sole discretion of Canara Bank. Cash withdrawal limit up to 50% of your card limit. Cash withdrawal charges only Rs.30 per thousand. Minimum Rs.30 only. Free Credit period from 20-50 days Cash withdrawal facility at all ATMs of Canara bank & other Bank ATMs. No Interest on cash withdrawal if paid by the due date. If not paid by the DUE DATE, interest is charged from DUE DATE only and not from the DATE OF CASH WITHDRAWAL. Opt for Revolving Payment system and pay only 5% of the billed amount and defer the payment. Carried over balance attracts service charges at 2.5% p.m. only. No financial charges! i.e., interest on other transactions subsequent to cash withdrawal till the cash withdrawal is repaid. We provide free accident Insurance to you and your spouse too. Lost Card protection! Liability restricted to Rs.1,000 only from the time of reporting. Free card replacement in case of mutilation / loss of card. Free SMS alerts on billing and transactions above Rs. 3000. Please provide your Mobile Phone number for activating this facility Bonus Loyalty Points: National Electronic Fund Transfer (NEFT) facility available for payment of Card dues. Get free Demand Draft from any of the branches towards payment of your card dues. You can also remit cash or Cheque at any branches of Canara Bank towards repayment of card dues.

You may cover your family with Floating Medical Insurance Cover under Family CANARA MEDICLAIM Policy with United India Insurance Company Limited at discounted rates. Avail cashless hospitalization facility, at networked hospitals.

CANARA CARD FOR DIFFERENT SEGMENT OF CUSTOMERS The credit card has become a vital part of every one's life on account of benefits derived from it. The cardholder has the privilege of paying for hotels and restaurant expenses, services, shopping Airlines bills, Telephone bills and other shopping needs, through the card. This eliminates the need to carry the cash, which is inconvenient and risky. We offer following range of products backed by excellent customer service:

The Bank would have the loan application forms containing information about the fees / charges payable for processing, the amount of such fees refundable in case of non-acceptance of the application, pre-payment options, etc., so that a meaningful comparison with that of other banks can be made by the prospective borrowers to enable them to take informed decisions. 2. 3. The Bank would give acknowledgement for receipt of all loan applications The Bank would indicate the time frame within which loan applications containing full information / details / documents will be disposed off while giving acknowledgements for receipt of the same. The Bank would verify the loan applications within a reasonable period of time. If additional details / documents are required, it would intimate the applicant/s / borrower/s immediately thereafter. The Bank would ensure that there is proper assessment of credit applications submitted by the applicant/s / borrower/s. The Bank would carry out proper due diligence on the creditworthiness of the applicant/s / borrower/s notwithstanding the stipulation of any security and margin made by it. The Bank would make proper assessment of the borrowers credit needs in order to take care that the credit limit/s, which are, sanctioned meet/s the genuine requirement of such borrowers. The Bank would convey to the applicant/s / borrower/s concerned, the credit limits sanctioned to them along with the terms and conditions thereof and obtain their specific acknowledgement for acceptance of the same for its records.

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While conveying the terms and conditions and other caveats governing the credit facilities stipulated by the sanctioning authority of the Bank in writing to the applicant / borrower, the authority of the Bank as per whose orders the sanction communication has been released would also be duly indicated therein. The Bank shall invariably furnish a copy of the loan agreement along with a copy of all enclosures quoted in the loan agreement to all the borrowers at the time of sanction / disbursement of loans, even in the absence of specific request from the borrower. The Bank would convey in writing within the time earlier indicated in the acknowledgement given for receipt of the related loan applications, the reason/s which have led to the rejection, if any, thereof. Allowing drawings beyond sanctioned limit, honoring the cheques issued for the purpose/s other than specifically agreed to in the credit sanction, disallowing drawings on a borrowal account on its classification as a non-performing asset or on account of non-compliance with the terms of sanction etc., would be solely at the discretion of the Bank. Again, the Bank does not have an obligation to meet additional requirement/s of borrowers on account of growth in business etc. without the proper review of the credit limits of such borrowers. In the case of lending under consortium arrangement, the Bank would have procedures to complete the appraisal of proposals in a time bound manner to the extent feasible and communicate its decision on financing or otherwise within a reasonable time. In respect of credit proposals other than under consortium arrangements, the Bank shall follow the time norms as prescribed in its Credit Policy document. The Bank would ensure timely disbursement of loans sanctioned in conformity with the terms and conditions of sanction.

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The Bank would give the notice of any change in the terms and conditions to the borrowers concerned. In respect of interest rates and service charges etc., the Bank would give notice to the borrowers only in respect of any upward revision. The Bank would also ensure that changes in interest rates and service charges are effected only prospectively. The Bank would promptly attend to any lenderrelated genuine difficulty/ies that the borrowers may face. Before taking a decision to recall / accelerate payment or performance under the agreement or seeking additional securities, the Bank would give reasonable notice to the borrowers concerned in writing. The Bank would release all securities on receiving payment of loan or realisation of loans subject to any legitimate right or lien for any other claim; the Bank may have against borrowers. If such right of set off is to be exercised, the borrower would be given notice about the same with full particulars about the remaining claims and the documents under which the Bank is entitled to retain the security till the relevant claim is settled / paid. The Bank in the normal course would endeavour not to interfere in the affairs of its borrowers which are not either directly or indirectly related to its extending the credit facilities unless new information not earlier disclosed by the borrowers concerned has come to the notice of the Bank The Bank will not discriminate on grounds of sex, caste and religion in the matter of lending. However, this does not preclude the Bank from participating in credit-linked schemes framed for weaker sections of the society. In the matter of recovery of loans, the Bank would not use any muscle power. In case of receipt of request for transfer of borrowers accounts either from such borrowers

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or from the banks / FIs which propose to take over the accounts, the consent or otherwise of the Bank, would be conveyed within 15 days from the date of receipt of such requests if the related accounts are within the sanctioning powers delegated to any of the officials at the branch level. In respect of a request for transfer of a borrowal account which is within the sanctioning powers of officials at RO / CO / HO, the branch concerned would take up with the concerned authority within 7 days of receipt of such requests and the latter would communicate decision thereon within 15 days from the date of receipt of the related recommendations from the branch/ CO. 23. The Bank would have a Grievance Redressal Mechanism within the organisation to resolve disputes, if any, arising in relation to the FPC for lenders where all disputes arising out of the decision of a Banks functionary falling upto the sanctioning powers of C&MD are heard and disposed off at least by the next higher authority at RO / CO / HO. In respect of proposals falling under the sanctioning powers of the Management Committee (MC) of the Board, grievances if any, would be redressed only by the said MC of the Board. The Bank would also conduct periodical reviews of the compliance to this Fair Practices Code and the functioning of the grievance redressal mechanism at various levels. A consolidated report of such reviews would be submitted to the Board of Directors of the Bank at regular intervals. Levying certain charges in addition to the processing fee which are not initially disclosed to the borrower is an unfair practice. Branches to note to disclose the all-in-cost expense that should be borne by the customer.

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Housing Loan

Loans to fulfill your dream.... ... to own a home...sweet home . ! Planning to own a home is one of life's most rewarding challenges. Plan building a home / buying a flat. Leave the financing to us. We have the right housing finance scheme for you.. Purpose: For construction / purchase / repairs / additions / renovations of residential house / flat including the purchase of land and construction thereon.For taking over of the Housing Loan liability with other recognized Housing Finance Companies, Housing Boards, Co-operative Banks and Commercial Banks at our prevailing low rate of interest. Eligibility: Salaried individuals, individuals engaged in business / professionals and self-employed persons. NRIs are also eligible to avail loans without specific permission of RBI. How much you are entitled to : We finance upto:

For NRIs up to 2 years' gross income and selectively up to 3 years' gross income.

What is your contribution? New house / flat : (including those for purchase of site & 15% construction of house thereon) : Old house/flat 20% For second or more houses 25% Please visit our interest rate section. Security: Mortgage of House / Flat Repayment: In convenient equated monthly instalments upto 20 years. Processing Charges:

0.50%of the loan amount minimum of Rs. 500 and max of Rs. 10,000 and no hidden cost. No application fee. Prepayment Penalty: 2% on the outstanding liability in case of transfer of Housing Loan Accounts to other banks/ housing finance institutions. Documents / Formalities :

Stipulated Loan Application with 2 passport size photos of applicant / guarantor Sale Deed Agreement for Sale Copy of the approved plan for the proposed construction / extension / addition Detailed cost estimate / valuation report from Bank's Panel Chartered Engineer / Architect Allotment letter of Co-operative Housing Society / Apartment Owners' Association / Housing Board / NOC from the Society / Association / Builders / Housing Board Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary Salary Certificate and Form No.16 (in case of salaried persons) IT Returns filed for the past two years (in case of non-salaried persons) A brief note on the nature of business, year of establishment, type of organization, etc., (in case of self-employed) Balance Sheet and P&L Account for the past three years (in case of self-employed)

Canara Cash (Shares) Instant cash against Shares / Debentures / Bonds / Units! Purpose:

Earn on your investments. And keep them too. No need to liquidate your investments even during dire necessities. Instead, you can avail Canara Cash loan pledging your investments in Shares, Debentures, Bonds or Units.

ELIGIBILITY:

Individuals - Existing customers with satisfactory dealings. New customers - well-introduced and credit worthy can also avail.

How much will you get :

Shares and Debentures - upto 50 % of market value PSU Bonds upto 70% of Market Value Units of UTI and CBMF - 50% of NAV or market value whichever is less.

Loan Amount

Maximum loans upto Rs.20 lacs if demat account is maintained with DPs of our bank or Rs. 10 lacs in physical form.

Security:

Security of the shares / debentures / bonds as per the approved list circulated from time to time. Securities can be replaced / substituted during the currency of the loan upto 10 times. Nominal charges for substitution of securities.

Rate of Interest: Please visit our interest rate page for current rates. Repayment:

Upto 60 months. EMI also acceptable. Selectively OD limit is also considered.

Margin:

Uniform margin of 50% shall be applicable on all advances against pledge of approved shares/financing

for subscribing to IPO/CDB/LCDB/issue of guarantees for capital market operations including loans/advances against pledge of shares to staff Processing Charges:

0.1% of the loan amount subject to a minimum of Rs.100/- and maximum of Rs.250/-. In case of OD, charges as above are to be collected for every renewal / enhancement.

Documents / Formalities :

Stipulated Loan Application with 2 passport sized photographs Guarantee / co-obligation where applicable Statement of holding of scrips issued by DP Latest salary certificate / income proof like ITAO / IT Return Financial Statements for the last 2 years (in case of non-salaried individuals)

Canara Site Loan Purpose:

A Loan Scheme to individuals for purchase of Housing sites from State Development/Town Planning Development authorities, Central and State Governments local authorities either exclusively or in partnership with private sector entities, or from any other body constituted by the Government for distribution of sites provided such layouts are duly approved by the concerned statutory authority. Housing loan can be availed whenever required for construction of house of the sites purchased.

Eligibility:

Customer of the Bank with satisfactory dealings. New customers properly introduced & creditworthy. Age of applicant should not be more than 55 years. NRIs also eligible.

Quantum :

Three years gross annual salary/income with a maximum of Rs.15 lakhs for properties situated at six metros of Mumbai, Delhi, Kolkata, Chennai, Bangalore, Hyderabad and Secunderabad and Rs.10 lakhs for properties situated at other centres.

Margin :

20% on the project

Rate of Interest: Please visit our interest rate page for the current rates Repayment Period:

5 years

Security

Mortgage of the housing site proposed to be purchased. No Co obligation/personal guarantee will be insisted.

Processing Charges:

As applicable to Housing Finance. Please visit our interest rate page for the current charges.

Documents / Formalities :

Application with 2 passport size photographs Layout/site plan issued by the development authorities. Latest 6 months Salary Certificate/Form No.16 for salaried class and latest ITAO for Businessmen/professionals. Legal Scrutiny Report form Banks panel Advocate Allotment letter other any other evidencing purchase/allotment of sites issued by the development authorities. An undertaking should be obtained from the borrower for construction of the house within the stipulated time (as stipulated by the development authorities while allotting or giving possession of sites.)

Canara Budget (For Employed/Business) A simple Personal Loan Scheme exclusively for the benefit of employees of Corporates, PSUs, Government Departments, Institutions, etc., and also Non salaried class like ; professional/self employed, businessment Purpose:

To meet genuine personal needs other than speculative purpose.

Eligibility:

Confirmed employees of reputed PSUs and Joint Stock Companies Confirmed Central / State Government officials Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and Universities. Non Salaried:- Business/self employed who are in the business / profession for minimum period of 3 year and who are having satisfactory dealings with the branch for at least 1 year. Employees salary account / business account has to be maintained with our branch For salaried: Minimum average net take home salary (NTH) for the last three months, of the borrower after meeting the EMI should not be less than 40%. For non-salaried: The gross annual income of the applicant should not be less than Rs. 5 lakh during the last 3 years.

Quantum :

Salaried: - Six months' gross salary or Rs.1 lakh whichever is less. For Non salaried :- 50% of average gross annual income of the applicant for last 3 years subject to maximum of Rs.1 lakh Higher quantum also considered selectively.

Rate of Interest: Please visit our interest rate page for current rates Repayment:

Salaried : In convenient Equated Monthly Instalments upto 48 months. Non-salaried : In convenient Equated Monthly Instalments upto 36 months.

Security

Salaried : Normally, Co-obligation is required equal to loan amount. Non-Salaried : Suitable co-obligation good for the loan amount is required.

Processing Charges:

0.5% of the loan amount subject to a minimum of Rs.100/- and maximum of Rs.500/-.

Documents / Formalities

Stipulated Loan Application with 2 copies of passport size photographs Latest Salary Certificate and Form No.16 / ITR/ITAO for last 3 years. Co-obligation Pronote / Pronote Covering Letter

Loan Products

Let your idle gold also glitter If you need funds for purposes like medical expenses or any other contingencies, Swarna Loan Scheme is ideal for you.

Hassle-free, quick loan, co-obligation and no guarantee required. Reasonable rate of interest

Purpose:

To meet medical expenses and other unforeseen commitments / contingencies and investment / domestic purposes.

Repayment:

The entire loan is to be repaid in 24 Equated Monthly Instalments ( EMI ) Bullet payment (of Principal) subject to repayment of monthly interest and when debited.

Eligibility:

Credit-worthy SB Account holders with satisfactory dealings or new customers properly introduced and credit-worthy.

Quantum :

Maximum Rs.10,00,000/-.

Rate of Interest:

Please visit our interest rate page for current rates.

Documents & formalities to be submitted:

Application for Swarna Loan Certificate by the Jewel Appraiser (Bank will arrange) Salary Certificate and Form No.16 / income proof

Security: Finance against

Specially minted gold coins sold by any Bank Gold Ornaments

Processing Charges:

1% of the loan amount, with a minimum of Rs. 50/- subject to a maximum of Rs. 500/- per loan

Canara Mortgage Discover the power of your property ! For meeting genuine needs - other than speculative purposes. Eligibility:

Customers having satisfactory dealings with our bank New customers well introduced and credit worthy with satisfactory banker's / market reports on them.

Quantum :

Upto 50% on the value of the property offered as security as per the valuation report of the bank's panelvaluer.

Rate of Interest: Please visit our interest rate page for the current rates Repayment :

Upto 60 months by way of EMI

Security:

Equitable Mortgage of property acceptable to the Bank having clear marketable title.

Guarantee:

Personal Guarantee from person / s of adequate net worth acceptable to the Bank. Waiver considered selectively.

Processing Charges:

0.5% of loan amount

Documents / Formalities :

Stipulated Loan Application with passport size photographs - 2 copies each Copy of lease deed Income proof of the applicant and guarantor Income Tax Assessment Order / IT Returns Title deeds of the property / EC, latest tax paid receipt / Legal Scrutiny Report Approved plan of building Certificate of balance if finance is availed against property from any other source Annual Financial Statements for the past 2 years (in case of persons other than salaried individuals)

Home >> Corporate Banking >> Loans & Advances >> Term Loans Term Loans Term Loan is normally extended for acquisition of Land, Building and machinery, purchase of vehicles etc. and also along with working capital finance as composite loans. Term Loan is given both for industrial and non-industrial borrowers i.e. both for projects / activities involved in manufacture/processing/repairing and business / trading activities etc. The project needs to establish technical feasibility and economic viability. Term loan is extended in different forms such as all rupee loans, foreign currency loans and Deferred Payment Guarantees (DPG) / acceptance facilities (other than foreign currency loans obtained from the foreign banks or branches of Indian Banks abroad without the back-up of DPGs issued by Banks in India). Repayment schedule for term loans would be stipulated based upon Debt Service Coverage Ratio, cash generation and repayment capacity. Repayment would be by way of periodic instalments with appropriate repayment holiday during implementation of the project. Rate of interest on term loans depend upon various factors like nature of the project, quantum of loan, risk rating, repayment period and structure of the debt. Securities for term loans per se would be as per general lending norms of the banks and also depends on the risk perception of the individual account.

Export Finance We also offer the following Export Finance facilities to units who undertake or desirous of undertaking export business. 1. a. b. c. 2. a. b. c. 3. Pre shipment Finance Packing Credit (PC) Clean Packing Credit (CPC) Pre-shipment Credit on Foreign Currency (PCFC) Post shipment Finance FDB FBE BRD Foreign Bank Guarantee (FBG) including Deferred Payment Guarantee in Foreign Currency for import of capital goods (subject to FEMA and RBI guidelines). 4. Foreign Letters of Credit (FLC) for import of raw materials, capital goods etc. (subject to FEMA and RBI guidelines). Conditions apply. The information provided above is only illustrative and not exhaustive.

Working Capital Finance Working Capital is basically the investment in current assets like raw materials, stores, semi-finished goods, finished goods, sundry debtors etc. It represents the money that is required for purchase / stocking of raw materials, payment of salary, wages, power charges etc. and also for financing the interval between the supply of goods and the receipt of payment thereafter. Working Capital Finance is extended in different forms basing on the requirement in the form of Inventory Limits (Pre-Sales), Finance against Receivables (Post-Sales), Non-Fund based limits and Short Term Lending products. Working capital requirements of a unit would be assessed by adopting various methods like Turnover Method, Maximum Permissible Bank Finance (MPBF) System, Cash Budget System and Net Owned Funds System, depending on the type of activity. The securities for working capital facilities per se would be as per general lending norms of the bank and also depends on the risk perception of the individual account. Rate of interest on working capital finance depends on quantum of loan, nature of activity, purpose of loan, risk rating, financials etc.

Infrastructure Financing The Bank extends finance to various infrastructure projects. The finance is characterised by large outlay of funds and longer repayment period. The project needs to establish technical feasibility and economic viability. In addition, sensitivity analysis shall also be examined to ensure that the project establishes its viability with variations wherever needed. Considering the huge outlay of funds, finance is generally considered under consortium arrangement with term lending financial institutions and other banks. Our bank also provides Syndication services to assist the promoters. Memorandum of Understanding (MOU) has been signed with India Infrastructure Finance Company Limited (IIFCL) for enabling flow of funds for the infrastructure projects syndicated by us. Rate of interest, security and repayment period for infrastructure financing would depend on nature of project, quantum of loan, repayment duration, cash generation, repayment capacity etc.