• An individual in his/her name.
  • More than one individual jointly, operated by and/or payable to one or more of them.
  • A guardian on behalf of a minor, by declaring the date of Birth of the minor.
  • A customer opening a Canara Basic Savings Bank Deposit Account shall not have any other operative accounts with the Branch/Bank.
  • A SB product designed for the common man to provide Basic Banking facility as part of the financial inclusion objective of RBI.
  • The deposit of cash at bank branch as well as ATMs/CDMs.
  • Receipt / Credit of money through any electronic channel or by means of deposit / collection of cheques drawn by Central/State Government agencies and departments
  • No limit on number and value of deposits that can be made in a month
  • Account holders will be allowed a maximum of four withdrawals in a month, including ATM withdrawals
  • ATM Card or ATM-cum-Debit Card
  • The above facilities will be provided free of charges without any requirement of minimum balance

  • Other Facilities :
    • Nomination Available.
    • Pass book, Internet and Mobile Banking, transfer of account from one branch to another, Standing Instruction, etc.
    • Withdrawal permitted through Withdrawal Order Form, Cheque and ATM cum Debit Card.
  • Application as per Bank’s prescribed form.
  • Two recent passport size photographs.
  • Proof of Identity and Proof of Address as per KYC norms.
  • 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.(For more details, please refer Service Charges Page).
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Last updated on 25-08-2023 12:18 PM

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