How To Open Canara Bank Saving Account

There are many ways from which you can easily open your savings account in Canara Bank but the simple one is To open a savings account in Canara bank offline for which you will have to visit the branch , fill the application form and submit all the required documents .

The eligibility for opening a saving bank account is pretty simple. All Individuals, Blind, Illiterates, HUF, Trusts, Executors and Administrators, Government bodies, recognized PF Accounts, schools etc., can get their account opened according to their preferred mode of operation. The minimum balance is Rs.1000/- for Metro, Urban and Semi-urban branches, and Rs.500/- for Rural branches.

After opening an account you also get a ATM-cum-Debit card, passbook/pass sheet, Nomination, Standing Instructions, Cheque collection, instant credit of outstation cheque upto RS 15000/-, Internet and Mobile banking etc. There is also special rate of interest for senior citizens .You can visit the bank website for details on interest rates applicable to different accounts and term-deposits

List of documents required for opening a saving accounts in Canara bank:

1. Application in the bank’s prescribed form

2. Specimen signature card

3. Copy of pan card/ form 60 or 61(if customer does not have pan card)

4. 2 photographs of depositor/s

5. Proof of identity and address as per KYC Norms

6. Any other related documents applicable to Students, Minor, HUF, Trust association etc.

7. Proof of identity and address as per KYC Norms- only the following documents will be acceptable (for Individuals)

1. Passport

2. Driving license

3. Pan card

4. Voter identity card issued by the election commission of India

5. Job card issued by NREGA duly signed by an officer of state government.

6. Letter issued by the Unique Identification Authority Of India (UIDAI) containing details of name, address and Aadhaar number.

Final Words

I personally prefer to visit banks and get my work done in front of me because this process is way much safer and faster than others. For More beneficial services of Canara Bank visit the official site of Financial Blaze.