Canara Bank Savings Account
- Canara bank offers a huge variety of financial savings account merchandise for specific client organization’s.
- Minimum stability requirement to open a savings account in Canara bank is Rs. 1,000 for Metro, urban and Semi city branches and Rs. 500 for Rural branches.
- You can get high returns up to a few.seventy 5% on a financial savings account.
- Open on the spot Canara financial institution savings account on-line.
internet banking and cell banking facility to be had.
- The facility of secure deposits locker facility, nomination to be had in Canara financial institution.
Canara Bank Savings Account
Canara bank offers a extensive range of financial savings money owed that permits individuals to deposit cash, preserve it secure, and withdraw price range, all at the same time as earning hobby. It provides a savings account consistent with the wishes of the precise purchaser businesses and caters to their requirement. as an example, it offers the top rate saving account for its high-end customers and also affords the minor financial savings account for youngsters underneath the age of 18 years. The bank offers several facilities like internet banking, mobile banking, and allows no minimal stability requirement in many saving account merchandise.
Features and benefits of Canara bank savings account
- Stability requirement for Canara bank financial savings account is Rs. 1,000 for Metro, urban and Semi city branches and Rs. 500 for Rural branches.
- An man or woman can switch the Canara financial institution financial savings account to every other branch with out converting the account number.
safe deposits locker facility, nomination facility is likewise available.
- Canara bank savings account offers the power of linking to the Multi alternative Deposit account to fetch better time period deposit interest at the surplus money.
- It presents numerous forms of debit cards as per account holder’s convenience.
- Canara bank provide banking centers like net banking and missed name banking. An character also can avail the cellular banking facility which offers services like interbank mobile payment offerings (IMPS), utility invoice payments, cell recharges, enquiry and statements and cheque book request.
- No rate is levied for passbook provider.
Canara Bank Savings Account Charges
|Product||Minimum balance||Interest Rate||
Non Balance Maintenance Charges
|Savings Bank Account||Rs. 1,000 for Metro, Urban and Semi Urban branches and Rs. 500 for Rural branches||3.25% – 3.75%||—|
|Canara Basic Savings Bank Deposit Account||NIL||4.00% – 4.00%||—|
Canara Small Savings Bank Deposit Account
|4.00% – 4.00%||—|
Canara NSIGSE Savings Bank Deposit Account
|4.00% – 4.00%||—|
|4.00% – 4.00%||—|
|Canara SB Power Plus||Rs. 1,00,000 QAB||4.00% – 4.00%||—|
|Canara Payroll Package Saving Bank Account||Rs. 1,000||4.00% – 4.00%||
Rs. 100 per annum
Canara Junior Saving Account
|4.00% – 4.00%||—
Canara Bank Savings Account Products
Canara bank gives a couple of savings account products for different purposes. a number of the popular merchandise of Canara Bank financial savings are:
Canara Small savings bank Deposit Account
This account may be opened by means of submitting a self attested image and affixation of signature or thumb impression as the case may be, at the form for commencing the account.
- Account may be opened by using filing a self attested photo and affixation of signature or thumb impact as the case can be, at the shape for starting the account
- Eligibility:This account is for resident Indians of 18 years of age and above.
- Canara NSIGSE savings bank Deposit Account.
This account is designed to lessen school dropouts and to sell the enrolment of female infant belonging to SC/ST communities in Secondary colleges.
- No fee may be levied for non operation/ activation of inoperative financial institution Deposit account
- The offerings available in the account will include deposit and withdrawal of coins at bank branches, receipt/credit of money through digital price channels or by means of deposit/ collection of cheques, and so on.
- Balance within the account not to exceed Rs. 50,000.
Canara bank savings account welcome kit
Canara bank gives a Welcome package containing personalised cheque e book and ATM Card, that is mailed to the clients’ postal cope with decided on for correspondence, after seven– eight operating days from the date of establishing of a particular financial savings account.
Documents required to open Canara Bank Savings Account
- Id and cope with evidence (Passport, Voter’s id, riding Licence, Aadhar card, NREGA card, PAN card)
- 2 passport-length photographs
- Specimen Signature Card
- copy of PAN Card/shape 60 or sixty one (if customer does not have PAN Card)
- some other associated files relevant to students, Minor, HUF, Trusts, affiliation and many others.
Savings Account Opening process at Canara Bank
- Provide non-public information for establishing a brand new financial savings account and opt for a branch with that you would really like to function.
there may be a facility of uploading scanned copies of the documents required.
- A URN (particular reference number) might be sent through SMS.
- you will be required to validate your cellular range and electronic mail.
- Take a print out of the application form, or you can request the bank officials to try this.
- visit the branch with the authentic documents.
- Deposit the minimum balance amount of Rs.1000 for activation of your account.
- Your account will be opened and you’ll be provided with a welcome kit with all of the information of the bank and the account normally required.
✅ What are the opposite facilities accompanying this Canara bank savings Account?
A few other centers to be had with this savings Account include a skip ebook, ATM-cum-Debit Card, instant credit of outstation cheques for fee as much as Rs 15,000, internet and mobile banking, and so on.
✅ Can I take a loan in opposition to the deposit on Canara financial institution savings Account?
No, it isn’t always authourized to take a loan towards the deposit of this financial savings Account.
✅ Do I need to maintain a minimum balance for the Canara bank savings Account?
Yes, you ought to keep an average month-to-month stability of Rs 1000 (relevant for metro, urban and semi-urban branches) / Rs 500 (for rural branches).
✅ Can there a unique interest charge applicable on Canara financial institution financial savings Account for senior citizens?
There’s no special rate relevant for senior residents with this savings Account.
Table of Contents
- 1 Canara Bank Savings Account
- 2 Canara Bank Savings Account
- 3 Features and benefits of Canara bank savings account
- 4 Canara Bank Savings Account Charges
- 5 Canara bank savings account welcome kit
- 6 Documents required to open Canara Bank Savings Account
- 7 Savings Account Opening process at Canara Bank
- 8 FAQs
- 8.1 ✅ What are the opposite facilities accompanying this Canara bank savings Account?
- 8.2 ✅ Can I take a loan in opposition to the deposit on Canara financial institution savings Account?
- 8.3 ✅ Do I need to maintain a minimum balance for the Canara bank savings Account?
- 8.4 ✅ Can there a unique interest charge applicable on Canara financial institution financial savings Account for senior citizens?