| Eligibility | · Employees of firm
· Corporate (with minimum standing of 1 year) |
| Initial Deposit | Zero |
| Monthly Average Balance | The minimum monthly average balance to be maintained is Rs 1000 and if it is not maintained then a penalty of Rs 100 is charged. Per annum |
| Interest rate | 4.00% per annum |
| Interest Payment | The interest is paid on half-yearly basis |
| Nomination Facility | Available |
| Debit Card | Free. Platinum Debit Card |
| Withdrawal | · You can withdraw up to Rs 50,000 from Canara Bank ATM.
· Free cash withdrawal if it is done from any Canara Bank ATM. |
| Internet Banking Facility | Available |
| Mobile Banking Facility | Available |
| NEFT/RTGS | Available |
| Demand Draft Charges | Under this scheme two demand draft is free up to the net salary credit received during the previous month. |
| Chequebook Facility | Available and free up to 200 cheque leaves per financial year |
| Personal Accident Insurance | Insurance cover up to Rs 2 lacs to Rs 8 lacs is available. |
| Non-maintenance Charges | Penalty of Rs 100 is charged for non-maintenance of the account. |
| Documents Required | · Application
· Applicants Signature Card · Copy of PAN card/Form 60 or 61(in case of no PAN card) · 2 passport size photograph · Identity Proof · Address Proof |
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