CANARA SB POWER PLUS - SB ACCOUNTS FOR PREMIER SEGMENT OF CUSTOMERS
ELIGIBILITY
1. Resident Individuals, Joint Accounts, Guardian on behalf of Minors, Associations,
Trusts & Institutions, Clubs etc
2. NRE / NRO Customers
INITIAL BALANCE
Zero
BALANCE IN THE ACCOUNT
Rs..1 lac average quarterly balance to be maintained
If the minimum required average balance is not maintained for the previous quarter,
freebies to be withdrawn
NATURE OF DEPOSIT
Running (Operating) account
INTEREST RATE
As applicable to SB deposits
PERIODICITY OF
INTEREST PAYMENT
Interest is calculated on the daily balance maintained in the account and credited to SB accounts on 1st February, 1st May, 1st August and 1st November every year
SPECIAL RATE FOR
BULK DEPOSITS
Not applicable
TDS
Not applicable
NOMINATION FACILITY
Available
LOAN AGAINST DEPOSIT
Not Applicable
VALUE ADDED
FACILITIES
Debit Card
Platinum Debit Card with photo:- Free
ATM cash Withdrawal
Rs.50, 000/= in our Bank ATM. In other Bank ATMs limit as permissible for other Banks' card holders.
ATM Transactions
Free Unlimited in our Bank's ATMs
Statement of A/cs
through Email:
Free every 15 days
SMS Alerts
Free
Inter Bank Mobile
Payment system
Free
Net Banking
Free
NEFT / RTGS
Free
DD charges
Fully waived
Personalised Cheque
Books
Free up to 300 Cheque Leaves per annum
Auto sweep /
Reverse Sweep
Auto sweep-in and sweep-out can be carried out as
per customers' choice / request for balance beyond Rs.1 lac
Cash Remittance /
Deposits: Intra/ Inter City - at Base and Non-Base branches
Free
Credit Card
First year free of charge.
Personal Accident Insurance (Death Only) available up to Rs.2.00 lacs to Rs.8.00 lacs for self/spouse on issue of credit card as per terms and conditions
Locker facility
Allotment on priority subject to availability.
25% concession in locker rent irrespective of size in the first year.
Free unlimited locker operations
Demat Account
Available with Trading Account
Reset of password in
IMB
Free
APPLICATION AND DOCUMENTS
Application Specimen Signature CardCopy of PAN CARD or Form 60 / 61 (if customer does not have PAN Card)Photograph of depositor/s (2 copies)Proof of Photo ID and address as per Know Your Customer Norms.
For NRE Customers: All documents as above except PAN / Form 60 or 61
Customers are requested to call on our mentioned Toll Free Numbers only for any complaints/issues. Bank shall not be responsible for any consequences arising out of customers calling any other unverified numbers.