All employees of a firm / company with minimum 25 employees, with standing over one year are eligible to open account under this product.
MINIMUM BALANCE
Minimum monthly average balance of Rs.1000/= from the month succeeding the opening of the account. Rs.100/- per annum to be collected for non-maintenance of minimum balance.
REQUIREMENTS FOR OPENING ACCOUNT
Salary mandate from the employer for the credit of salary to the Canara Payroll Package account is required.
Interest is payable quarterly- as payable in SB accounts.
SPECIAL RATE FOR SENIOR CITIZEN
Not applicable
NOMINATION FACILITY
Available
OTHER FACILITIES
Platinum Debit Card, Pass book/Pass sheet, Nomination, Standing Instructions, Internet & Mobile Banking, SMS Alert facility, DEMAT account etc.
SPECIAL FEATURES
Two DDs free (per month) up to the net salary credit received during the previous month.
Free Personalised/non-Personalised Cheque Book- up to 200 leaves per annum
Free NEFT/RTGS Charges
Temporary Overdrawing in case of emergency- To be permitted after the account completes 6 months from date of opening with satisfactory dealings and other guidelines as applicable.
50% of applicable processing fee only to be collected for Retail Loans like Housing Loan / Vehicle Loan / Canara Budget etc.
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.