Canara Bank SAVINGS BANK ACCOUNT

·         ELIGIBILITY

·         Individuals, Joint accounts, Minor accounts, Illiterates, HUF, Non-corporate bodies, Clubs, Societies, Associations, Schools, Trusts, Executors/ Administrators, Govt. bodies, Semi-Government Departments, Recognized PF Accounts, Capital Gains Accounts

·         MINIMUM BALANCE

·         Rs.500/- without cheque book & Rs.1000/- with cheque book facility in Metro/Urban; Rs.100/- without cheque book & Rs.500/- with cheque book in Semi-urban/Rural Branches

·         REQUIREMENTS FOR OPENING ACCOUNT

·         Application, Proof of identity, Address proof, Introduction, Passport size photograph.

·         NATURE OF DEPOSIT

·         Running (Operating) account

·         INTEREST RATE

·         3.50% p.a.

·         PERIODICITY OF INTEREST PAYMENT

·         Interest is payable half-yearly, every February and August on the minimum balance in the account, between the 10th and last day of the month

·         SPECIAL RATE FOR SENIOR CITIZEN

·         Not applicable

·         SPECIAL RATE FOR BULK DEPOSITS

·         Not applicable

·         TDS

·         Not applicable

·         NOMINATION FACILITY

·         Available

·         LOAN AGAINST DEPOSIT

·         Not permitted

·         OTHER FACILITIES

·         · ATM-cum-Debit Card, Pass book/Pass sheet, Nomination, Standing Instructions, Cheque Collection.

·         ·Instant Credit of Outstation Cheque upto Rs.15,000/-Anywhere Banking Facility, Internet & Mobile Banking & Telebanking.

·         SPECIAL FEATURES

·         Special facility of issue of 2 DDs free of charges per month linked to the maintenance of minimum balance in the previous month as under:

·         APPLICATION AND DOCUMENTS

·         Application
Specimen Signature Card
Form 60 or 61 (if customer does not have PAN Card)
Photograph of depositor/s (2 copies)
Proof of address as per KYC Norms
Any other related documents applicable to Students, Minor, HUF, Trusts etc.

Application
Specimen Signature Card
Form 60 or 61 (if customer does not have PAN Card)
Photograph of depositor/s (2 copies)
Proof of address as per KYC Norms
Any other related documents applicable to Students, Minor, HUF, Trusts etc.