Canara Bank is one of the leading nationalized bank in India. If you are planning to open your first bank account and thinking is Canara Bank is the best bank to open a savings account then this is the best place to find everything about Canara Bank.
In this article I will be sharing various useful information and how to guide which will help you to open a savings account in Canara Bank online or by visiting their nearest branch.
In this article, I will be sharing information like Canara Bank saving account form filling guide, Canara Bank saving account interest rate, Canara Bank minimum balance for current account, Canara Bank account balance enquiry or how to check account balance, cheque book request form download, Canara Bank online login & net banking guide at one place.
Types of Savings account in Canara Bank
Like every bank Canara Bank also provide various types of savings account as per individuals need. Here are the various types of bank account options available at Canara Bank.
- Canara Champ Deposit Scheme
- Canara Small Savings Bank Deposit Account
- Canara Jeevandhara SB Account For Senior Citizens
- Canara SB Power Plus
- Canara Payroll Package Saving Bank Account
- Regular Savings Bank Account
- Canara Gold Savings Bank Account
- Canara Basic Savings Bank Deposit Account
- Canara NSIGSE Savings Bank Deposit Account
- Canara Junior Saving Account
Canara Bank Savings Account Interest Rates 2017
Canara Bank savings account will give a nominal 4% interest rate on your deposits like almost every other banks in India.
Documents Required to Open a Bank account in Canara Bank
Any of the following documents bearing photograph of the holder is also accepted for the purpose of identification
- ID and address proof (Passport, Voter’s ID, Driving Licence, Aadhar card, NREGA card, PAN card)
- 2 passport-size photographs
- Specimen Signature Card
- Copy of PAN Card/Form 60 or 61 (if customer does not have PAN Card)
- Any other related documents applicable to Students, Minor, HUF, Trusts, Association etc.
Filling the KYC document is mandatory now a days while opening bank account in India. So make sure you are furnishing all necessary documents at the bank branch.
Steps to open a bank account in Canara Bank
The account opening process is almost similar to other bank only. You can’t open a bank account in Canara Bank complete online mode only. Follow the process below.
To open a bank account in Canara Bank, you have to visit to your nearest Canara Bank branch and ask for canara bank savings bank account opening application form. You can also download the same online also.
Next, you have to fill up the form and submit with the required documents. Your application will be submitted and a URN (Unique reference number) will be sent via SMS.
You have to validate the same and verify with your mobile number. You can also upload the necessary documents online also.
If you download the form online, you have to visit to branch with all original and copy of documents to the nearest branch. Deposit the minimum balance of rs 1000 to open the bank account in Canara Bank.
After successful verification, you will be provided with a passbook and net baking kit.
So, if you think that you should open a savings account in Canara Bank which is very near to your home then its perfectly fine as you should have your account in any bank but near to your home only. You can also invest your savings account money in various deposit schemes to earn more interest. Share your thoughts on this article about how to open a bank account in Canara Bank and write your experiences here if any.