• 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