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canara

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canara bank
  • About Us
    • Board of Director
  • Financial Results
  • PMJDY and Financial Inclusions
  • Press Release
  • Tenders
  • E Auction Properties
  • Announcements
  • Ex-employees
  • Careers
  • Personal Banking canara
    • Savings & Deposits
    • Technology Products
    • Mutual Funds
    • Insurance Business
    • International Services
    • Card Services
    • Consultancy Services
    • Depository Services
    • Ancillary Services
    • Approved Housing Projects
    • How To Apply
    • Retail Loan Products
    • MSME Loan Products
  • 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
    • Download TDS Certificate for payment of Dividend FY 2021-22
  • 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
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  • CANARADHANVARSHA-AFELXIRECURRINGDEPOSITESCHEME
Got any Questions?
Call us Today!

Toll Free Numbers
(if dialed within India)

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 DHANVARSHA- A FELXI RECURRING DEPOSITE SCHEME

 

CANARA DHANVARSHA A FLEXI RECURRING DEPOSIT SCHEME

 

 

1. Resident Individual, Joint Account, Guardian on behalf of minor, HUF,

ELIGIBILITY

firm, a Company, An association, a trust, an institution

 

2. Non-Resident- External Customers

 

Minimum amount per month: Rs 1000 and in multiples of Rs 100 thereof &

 

Maximum Rs 1 Lac.

 

Amount up to 10 times of the regular instalment(including regular

PATTERN OF DEPOSIT

instalment for the month) can be deposited per month

Mode of Deposit for NRE Customers:

 
 

The initial deposit, regular instalment / additional instalment to

 

these accounts are to be received as debit from NRE SB Account or

 

by way of other approved inward remittances.

PERIOD OF DEPOSIT

Minimum 1 year and in multiples of 3 months; Maximum 10 years

 

As applicable to term deposits of various tenures prevailing from time to

 

time. Interest compounded quarterly.

INTEREST RATE

Where there are more than four skips of regular instalment during the

tenure of deposit simple interest will only be paid.

 
 

For the top up amount, interest is calculated on daily product basis.

  

SPECIAL RATE FOR SENIOR

Not applicable

CITIZEN

 

TDS

No TDS is deducted as of now. However same is subject IT rules for

Recurring Deposit for the respective Assessment Year.

 

NOMINATION FACILITY

Available

LOAN FACILITY

Available up to 90% of the available deposit balance

 
  

PENALTY FOR PRE-MATURE

Permitted with a PENAL cut of 1% on the rate applicable as per the ROI as

on the date of opening for the period run.

CLOSURE

 
  
 

Resident Customers:

 

Application in the prescribed form.Copy of PAN Card / Form 60 or 61 (if

APPLICATION AND

customer does not have PAN Card).Photograph of Depositor/s (2

DOCUMENTS

copies).Proof of Identity and address as per KYC Norms.Other related

 

documents as applicable to Firm, Company, HUF etc.

 

NRE Customers: Documents as above except PAN Card/ Form 60 or 61

Penalty

NIL except for premature closure

 
  
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.
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Last Updated on: 25/05/2022 |   Visitors: 13396        

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