Canara Bank Savings Account 

Anyone looking to open a savings account with Canara Bank can do so. You need to keep a minimum balance of Rs. 500 for rural branches and Rs. 1,000 for semi-urban, urban, and metro branches.

Here are some features:

• The nomination facility is available
• You get facilities like an ATM-cum-Debit card, Passbook, cheque collection, and access to internet and mobile banking.

This account aims to include more people in the financial system, especially those who may not have complete identification documents for KYC. Individuals with limited documentation can enjoy the benefits of this account, which offers several privileges.

Here are some key points:

• The account balance should not exceed Rs. 50,000 in a year.
• The total credit in a year should not exceed Rs. 1,00,000.
• Internet and mobile banking services are available only if the bank allows.
• You can nominate someone for the account.
• Account holders should not have any other account with Canara Bank to use the services of Canara Small Savings Bank Deposit Account.

This account is created for individuals to offer a simple banking option, as it is a zero-balance savings account. Those applying for this account shouldn't have any other active accounts with the branch or bank.

Here are some features:

• You can make a maximum of 4 withdrawals in a month, including ATM withdrawals.
• Depositing cash at the bank's branch and ATMs is free of charge.
• You get a free ATM-cum-debit card.
• If withdrawals exceed the monthly limit, charges will apply, not exceeding Rs. 5 per withdrawal.

The Canara Jeevandhara Savings Bank Account is designed for senior citizens aged 60 years and above. This account offers various benefits, with the main advantage being that it is a zero-balance savings account. There is no requirement to maintain a minimum balance, and no maintenance charges apply.

Here are some features:

• Free debit card.
• ATM cash withdrawal limit is Rs. 25,000 per day.
• Unlimited and free ATM transactions at all Canara Bank ATMs.
• A personalized chequebook with 60 leaves per year is provided for free.

The Canara SB Power Plus is designed for the premier segment of society, offering exclusive benefits. No opening balance is required for this account, and it is available for resident individuals, joint accounts, guardians on behalf of minors, associations, trusts, institutions, clubs, as well as NRE and NRO customers.

Here are some features:

• Free platinum debit card.
• ATM cash withdrawal limit from Canara Bank ATMs is Rs. 50,000.
• Unlimited and free ATM transactions at Canara Bank ATMs.
• Free personalized chequebook with 300 cheque leaves per year.
• The average quarterly balance to be maintained is Rs. 1,00,000.

This account is made for companies with 25 employees or more. Even if the company is only a year old, they can use the Canara Payroll Package Savings Bank Account.

Here are some benefits:

• A special platinum debit card.
• Get a personalized chequebook with 200 cheques for free.
• Use a locker for free.

The Canara Junior Savings Account allows kids above 10 years to manage their money independently. Minors get a personalized debit card in their name with this account.

Here are some benefits:

• Debit transactions per month should not go over Rs. 10,000.
• The annual credit should not exceed Rs. 1 lakh.
• The account balance should not go beyond Rs. 50,000.
• Once the child reaches maturity, the account operates without any restrictions.
• The bank provides an Education Loan Scheme for students.

The account has been introduced as per the directives laid out by the Ministry of Human Resources, Government of India, to promote education for girls and dropouts belonging to SC/ST communities in Secondary School. This scheme comes with several benefits.

Here are some features:

• It is a zero-balance account, and there is no need to maintain a minimum balance.
• Withdrawals are allowed mainly by withdrawal slips.
• Married girls are excluded from the scheme.

To open a savings account in Canara Bank, individuals need to meet the following eligibility criteria:

Note: The bank may implement additional eligibility criteria for different savings accounts.

To open a savings account with Canara Bank, the applicant needs to provide the following documents:

1. Copy of PAN Card/Form 60 or 61 (If the customer does not have a PAN Card)

2. 2 photographs of the customer

3. Proof of identity & address as per KYC norms (Only the following documents will be accepted):

• Passport
• Driving License
• PAN Card
• Voter Identity Card issued by the Election Commission of India
• Job card issued by NREGA duly signed by an officer of the State Government
• Letter issued by the Unique Identification Authority of India (UIDAI) containing details of name, address, and Aadhaar number)

Note: The bank may request the applicant to submit additional documents on a case-to-case basis.

You can transfer funds through NEFT, RTGS, IMPS, and UPI in Canara Bank.

Yes, Canara Bank offers the convenience of both net banking and mobile banking services to all its customers.

Syndicate Bank has been merged with Canara Bank.

Canara Bank has introduced the Canara ai1 mobile banking app, offering customers a wide range of over 250 features for convenient online banking services.

To ensure uninterrupted access to online services, please update your details and request a new username and password. This will help you continue using online services seamlessly.