CANARA DHANVARSHA A FLEXI RECURRING DEPOSIT SCHEME
Individuals, Joint Acct, Guardian on behalf of minor, Proprietorship firm, Partnership accts, Company, association, trust, institution.
Minimum amount per month: Rs 500 and Maximum Rs 1 Lac.
Minimum 1 year and in multiples of 3 months; Maximum 10 years
Installment can also be deposited one or more times during the month.
Additional amounts deposited under flexi option are not considered as prepayment for future installments.
Deposits can be made any number of times in a given month in multiples of regular installment.
As applicable on normal RD
For the RD Instalment amount as per the existing RD procedure.
Special Rate For Senior Citizen
Additional ROI of 0.50% for Deposits with tenor of 180 days and above.
As per prevailing IT rules
Available up to 90% of the available deposit balance
No penalty for premature withdrawal: ROI applicable rate for the period (deposit remained with the bank) at the time of opening or contract rate whichever is less.
Toll Free Numbers
Non Toll Free Numbers(if calling from outside India)