• Text Size:
  • A+
  • A
  • A-
  • |
  • Color Theme:
  • canara bank
  • canara bank
  • Screen Reader Access

canara

  • About Us
    • Board of Director
  • Financial Results
  • PMJDY and Financial Inclusions
  • Press Release
  • Tenders
  • E Auction Properties
  • Announcements
  • Careers
Net Banking
  • Personal Banking canara
    • Savings & Deposits
    • Loan Products
    • Technology Products
    • Mutual Funds
    • Insurance Business
    • International Services
    • Card Services
    • Consultancy Services
    • Depository Services
    • Ancillary Services
    • Approved Housing Projects
    • How To Apply
  • Corporate Banking canara
    • Accounts & Deposits
    • Supply Chain
    • Loans & Advances
    • Syndication Services
    • IPO Monitoring Activity
    • Merchant Banking
    • TUF Schemes
    • Canara eTax
  • Investor Relation canara
    • Contact Us
    • Appeal to Physical Shareholders of Canara Bank
    • Join 20th e-AGM [NEW]
  • Canara Easy Fee
  • NRI Banking canara
    • Deposit Products
    • Loans & Advances
    • Remittance Facilities
    • Investment Facilities
    • Consultancy Services
    • Other Services
    • NRI News Bulletin
    • Contact Details
    • FAQs
    • FATCA / CRS - Self Declaration Form
  • Priority Portal canara
    • Schemes
    • RRB Section
    • Agri-Marketing
    • Agricultural Innovation Centre
    • Rural Development
    • CED for Women
    • Sustainable Development and Corporate Social Responsibility (SD-CSR)
    • Lead Bank
    • In Promotion Of Self Employment
    • RURAL DEVELOPMENT SCHEMES
    • SUPPORT INITIATIVES
    • Agriculture loan Application formats
  • Net Banking
  • MSME Banking
canara bank
  • About Us
    • Board of Director
  • Financial Results
  • PMJDY and Financial Inclusions
  • Press Release
  • Tenders
  • E Auction Properties
  • Announcements
  • Careers
  • Personal Banking canara
    • Savings & Deposits
    • Loan Products
    • Technology Products
    • Mutual Funds
    • Insurance Business
    • International Services
    • Card Services
    • Consultancy Services
    • Depository Services
    • Ancillary Services
    • Approved Housing Projects
    • How To Apply
  • Corporate Banking canara
    • Accounts & Deposits
    • Supply Chain
    • Loans & Advances
    • Syndication Services
    • IPO Monitoring Activity
    • Merchant Banking
    • TUF Schemes
    • Canara eTax
  • Investor Relation canara
    • Contact Us
    • Appeal to Physical Shareholders of Canara Bank
    • Join 20th e-AGM [NEW]
  • Canara Easy Fee
  • NRI Banking canara
    • Deposit Products
    • Loans & Advances
    • Remittance Facilities
    • Investment Facilities
    • Consultancy Services
    • Other Services
    • NRI News Bulletin
    • Contact Details
    • FAQs
    • FATCA / CRS - Self Declaration Form
  • Priority Portal canara
    • Schemes
    • RRB Section
    • Agri-Marketing
    • Agricultural Innovation Centre
    • Rural Development
    • CED for Women
    • Sustainable Development and Corporate Social Responsibility (SD-CSR)
    • Lead Bank
    • In Promotion Of Self Employment
    • RURAL DEVELOPMENT SCHEMES
    • SUPPORT INITIATIVES
    • Agriculture loan Application formats
  • Net Banking
  • MSME Banking
  • Home
  • Personal Banking
  • Savings & Deposits
  • CANARA CHAMP DEPOSIT SCHEME
  • Canara Kuteer–Housing Loan Scheme
Got any Questions?
Call us Today!

Toll Free Numbers

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

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.

CANARA CHAMP DEPOSIT SCHEME

CANARACHAMP DEPOSIT SCHEME

PRODUCT NATURE

Basically, a SB Deposit for children.

ELIGIBILITY

Children upto the age of 12 years (i.e. till 11 years, 364 days)

MINIMUM DEPOSIT

Initial deposit can be any nominal amount with a minimum of Rs.100/-. No penalty in case of non-maintenance of minimum balance.

RATE OF INTEREST

As applicable to SB deposits. 

CHEQUE BOOK

Cheque books are not issued under the scheme.

JOINT ACCOUNT

Joint accounts cannot be opened under the scheme.

OTHER FACILITIES

Nomination facility is available

C-Net Banking facility is available (For viewing only)

 After the child attains majority, the account can be converted to regular SB Deposits, whether the Education loan facility under this scheme has been availed or not.

STIPULATION

A minimum of two credits in a half year aggregating to Rs. 500/- in Rural and Semi Urban Branches and Rs. 1000/- in Urban and Metro Branches (Excluding interest) in order to be eligible for an Educational Loan as per the then prevailing Educational Loan Scheme.

SPECIAL FEATURE

TDS is not applicable for SB Canara Champ Deposit.

There is an option under the scheme to convert balances in excess of Rs. 15,000/- into Kamadhenu Deposit upon the request of the account holder which shall remain with the Bank until the child completes +2 Education and is eligible for pursuing higher education. TDS is applicable on such Kamadhenu Deposits.

SPECIAL OFFER, IF ANY

 Loan eligibility Card for Educational loan as per the then prevailing Educational loan scheme. For availing Education Loan using the Loan Eligibility Card, there should not be any withdrawal in the account till the child completes +2 Education and applies for the loan.

· Attractive Savings Box to cultivate the habit of Savings among children.

  Attractive photo folder cum personal details with 16 pouches to store photos of the child and record memorable moments.

Free collection of cheques/DDs gifted to the child upto Rs. 25,000/- per annum (In Indian Rupees or foreign currency).

APPLICATION & DOCUMENTS

Application in the Banks’ prescribed form.

Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card).

Photograph of Depositor/s (2 copies).

Proof of Identity and address as per KYC Norms.

Got any Questions?
Call us Today!

Toll Free Numbers

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

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.
  • BCSBI's Code
  • Grievance Redressal
  • Customer Education
  • Employees and Ex-Employees
  • Regulatory Disclosures
  • RTI Act
  • Regulations
  • Browser Compatibility
  • Disclaimer
  • Screen Reader Accessibility
  • Sitemap
  • Official Language

Last Updated on: 25/05/2022 |   Visitors: 39595        

© 2019, Canara Bank. All rights reserved