Canara bank is one of the largest government-owned banks in India. It was established back in the year 1906 in Mangalore. The founder of this bank is Mr. Subba Rao Pai. The bank has its headquarter in Bengaluru and currently, it is operating through its more than 6600 branches across India. The bank also has its active presence abroad. It has its branches in countries like London, Hong Kong, Moscow, Shanghai, Bahrain, Doha, South Africa, Dubai, Tanzania, and New York.
Apart from providing the best quality services equally to its customers in urban as well as rural locations, this bank has some other achievements as well. The bank initiated the solar loan projects in partnership with UNEP. The Unified Payment Interface system of Canara bank with the name ’empower’ was launched with the motive of empowering the bank as well as its customers.
The bank allows the home loan applicant of 60 years of age to borrow on certain term and conditions.