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  • Long term savings.
  • Nomination facility is available.
  • Premature Withdrawal allowed.
  • Deposit made in account shall double on maturity.
  • Minimum deposit is Rs 1000/- and in multiples of Rs 1000/-.
  • There is No limit on maximum deposit.
  • Maturity under the scheme is determined by ROI applicable at the time of account opening.
  • Tenor is presently 115 months (9 Years and 7 months).
  • Transfer of Account facility available from one individual to another.
  • Pledging of account available as per scheme guidelines.
  • Premature Closure available as per scheme guidelines.
  • Any resident Citizen of India for self.
  • On behalf of a Minor or person of unsound mind.
  • Account may be opened jointly in the names of upto three adults.
  • A minor who have attained the age of ten years.
  • Exemption - NRIs / HUFs.
  • 7.50 % w.e.f 01.04.2023 till further revision, (compounded annually) and payable on maturity.
  • (GoI announces RoI for every Quarter of the Financial Year).

  • Duly filled KVP Application form.
  • Identity proof of the depositor.
  • Address proof of the depositor.
  • Any other document required.

You can apply through following modes :

  • Online Mode :
    • Internet Banking.
    • Mobile Banking App.
  • Offline Mode :
    • Visit nearest branch of Canara Bank.
    • To redirect on the login page, please Click Here
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Last updated on 29-09-2023 12:21 PM

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