Canara Privilege Current account is type of current account scheme specially designed for the premier customers who enrol themselves as promising clients of the bank.
Features
| Eligibility | Only premier segment customers |
| Initial Balance | Zero |
| Average Quarterly balance | A minimum average quarterly balance of Rs 1 lac is to be maintained in this account every month. |
| Debit Card | · Free , Platinum Debit Card
· Personal Accident Insurance cover up to Rs 2 lacs to Rs 8 lacs is provided for self/spouse under Platinum Debit Card. |
| Withdrawal | · Withdrawal up to Rs 50,000 per month is allowed from Canara Bank ATM
· Free unlimited banking from Canara Bank ATM |
| Internet Banking Facility | Available |
| Mobile Banking Facility | Available |
| NEFT/RTGS | Free |
| Demand Draft Charges | Fully waived |
| Chequebook Facility | Free upto 500 cheque leaves per annum |
| Auto Sweep Facility | Available, as per the consent of the investor or the account holder. |
| Cash Remittance | Free |
| Cash Handling Charges | · Free up to Rs 5 lacs per day.
· This facility is available at the home branch only. · For denomination of Rs 100 and above only · Maximum cash remittance should not exceed Rs 50 lacs per month. |
| Documents Required | · Application
· Applicants signature card · Copy of PAN card/Form 60 or 61 (in case of no PAN card) · 2 passport size photograph of the investor · Identity Proof · Address Proof · Other important documents related to business/profession. |
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