Canara Basic Savings Bank Deposit Account
A SB product designed for the common man to provide Basic Banking facility as part of the financial inclusion objective of RBI.
a. An individual in his/her name.
b. More than one individual jointly, operated by and/or payable to one or more of them
c. A guardian on behalf of a minor, by declaring the date of Birth of the minor.
d. A customer opening a Canara Basic Savings Bank Deposit Account shall not have any other operative accounts with the Branch/Bank.
IDENTITY AND ADDRESS PROOF
Valid Proof of Identity and Address of the customer as per KYC norms.
(i) The deposit of cash at bank branch as well as ATMs/CDMs
(ii) Receipt / Credit of money through any electronic channel or by means of deposit / collection of cheques drawn by Central/State Government agencies and departments
(iii) No limit on number and value of deposits that can be made in a month
(iv) Account holders will be allowed a maximum of four withdrawals in a month, including ATM withdrawals
(v) ATM Card or ATM-cum-Debit Card
The above facilities will be provided free of charges without any requirement of minimum balance.
Pass book, Internet and Mobile Banking, transfer of account from one branch to another, Standing Instruction, etc.
• Permitted through withdrawal order form, cheque and ATM cum Debit Card
• Maximum 4 withdrawals per month including drawings through ATM free of charge. Withdrawals exceeding 4 per month would be levied a service charge at the rate not exceeding Rs.5/- per withdrawal.
OTHER TERMS & CONDITIONS
Updated as on 03-06-2021
Toll Free Numbers
Non Toll Free Numbers(if calling from outside India)