Canara Bank Account Opening For Minor

As applicable to savings bank accounts click here periodicity of interest payment.

Canara bank account opening for minor.

Applicant should be a resident of india. If customers maintain a minimum balance of rs. If the joint account holder does not have canara bank account. A guardian on behalf of a minor by declaring the date of birth of the minor.

If the person whom you want to add as a joint account holder does not have an account with canara bank then you need to fill up canara bank account opening form just like a new account holder does. Junior the savings account for kids. Let me open an another account for you. Hope you are already a customer.

Application to open a canara basic savings bank deposit account should be made in the bank s prescribed form. The interest rate offered for canara bank ppf is 7 1 for the july september 2020 quarter it was fixed at 7 9 for january to march quarter. 25 000 the bank waves of charges for purchase of 2 dds of amounts up to rs. The ppf account interest rate may be changed once each quarter as per the decisions made by the finance ministry.

We offers wide range of consumer banking services like savings account fixed deposit debit card loan mutual funds and many more that helps you meet personal financial needs. Let me open an account for you. Ppf interest rates 2020. An individual should match the eligibility criteria that has been proposed by the bank if he she wants to open a canara junior account with canara bank.

Canara bank s savings account allows customers to save on a regular basis and earn interest of 3 5 to 4 p a. Minor students above the age of 10 years can open and. The kotak mahindra bank junior account is specifically designed to teach your children the benefits of saving while also providing a host of privileges across dining edutainment and shopping on kids brands. Minor students should be above the age of 10 years.

Welcome to canara bank ideal destination for personal banking need. On the funds deposited. 1 fill up canara bank account opening form or submit the passbook. Eligibility criteria for opening a canara junior account.

Canara junior saving account bank account in minor students own name with debit card. Requirements for opening account.