Table of Contents
- 1 What is minimum balance in Canara savings account?
- 2 What happens if my bank account balance is zero in Canara Bank?
- 3 What is Canara SB account?
- 4 What is the minimum balance?
- 5 What is the fine for not maintaining minimum balance in Canara Bank?
- 6 What is the minimum balance required for a Canara Bank Savings Account?
- 7 What are the benefits of Canara Super savings salary account?
What is minimum balance in Canara savings account?
Rs. 1,000
To maintain an Canara Bank Savings account, you require a minimum balance of Rs. 1,000 for Metro, Urban and Semi Urban branches and Rs. 500 for Rural branches. Canara Bank personalized account number and cheque book enhances security and ensures your money is safe.
What happens if my bank account balance is zero in Canara Bank?
Features and benefits of Canara Bank Basic Savings Deposit Account. The primary benefit of the Canara Bank Basic Savings Deposit Account is that it is a zero-balance savings account. With this account, there is no minimum balance requirement as with other savings accounts and there are no maintenance charges.
What is Canara SB account?
Canara Bank’s savings account allows customers to save on a regular basis and earn interest of 3.5\% to 4\% p.a. on the funds deposited. If customers maintain a minimum balance of Rs. 10,000 to Rs. This account comes with a host of benefits and requires a minimum balance of Rs. 1,000.
How can I know my minimum balance in Canara Bank?
Steps to do Canara Bank balance enquiry through missed call
- Dial 0-9015-483-483 (for English) or 0-9015-613-613 (for Hindi)
- The call will be disconnected automatically.
- You will receive an SMS from Canara Bank with your current account balance.
What if minimum balance is not maintained in Canara Bank?
Canara Bank Non-maintenance of Minimum balance charges For Current account: If you are not maintaining an average monthly balance Rs. 1000 (Rural/Semi-Urban Branches), then you will be charged Rs. 60 per day and Max: Rs.
What is the minimum balance?
The minimum balance for a bank account is the minimum dollar amount that must be maintained to receive certain benefits or to keep the account open. Minimum balances can be enforced by charging fees, denying interest payments, or closing the account if the minimum balance is not maintained.
What is the fine for not maintaining minimum balance in Canara Bank?
If you are not maintaining an average monthly balance Rs. 5000 (Urban/Metro Branches) and Rs. 1000 (Rural/Semi-Urban Branches), then you will be charged Rs. 60 per day and Max: Rs.
What is the minimum balance required for a Canara Bank Savings Account?
For a normal Canara Bank savings account the minimum balance required is Average Monthly Balance of Rs. 1000/- for Metro, Urban & Semi-urban branches and Rs. 500/- for Rural branches.
What is a minimum balance?
Minimum balance is the lowest amount of money that a Bank customer must always have in his her account. If an account goes below this limit for more than a certain amount of time, it will invite a minimum balance penalty!
What is the latest news about Canara Bank?
Canara Bank is a Government run Bank. It is known for its good customer service. We have already written an article about the missed call balance enquiry service run by this bank. In this article, we have brought before you a news update regarding the bank. Canara Bank has changed their minimum account balance criteria.
What are the benefits of Canara Super savings salary account?
Canara Super Savings Salary Account This account is designed for firms having 25 and above employees. If the number of employees is below 25, the bank may considered it at its own discretion. The main benefits are: Zero balance account Free passbook, debit card, sms alert, fund transfer Internet and mobile banking