u003cbr/u003e(1) Firstly, the minimum net income required is very less i.e. Rs. 6000 per month.u003cbr/u003e(2) There are times when you need money to buy goods or services such as a furniture, a computer, electronic appliances for home or office but you don't have enough money. In such scenario, consumer loan from Canara bank is beneficial.u003cbr/u003e(3) Borrower can buy several durable items at once. This is a great opportunity especially for couples who are starting to live together or people who have become independent and who want to furnish their new home.