Canara Bank Account Opening For Minor

1 fill up canara bank account opening form or submit the passbook.

Canara bank account opening for minor.

Welcome to canara bank ideal destination for personal banking need. 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. 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. Minor students should be above the age of 10 years.

Application in the banks prescribed form proof of identity address proof passport size photograph. Junior the savings account for kids. If customers maintain a minimum balance of rs. Application to open a canara basic savings bank deposit account should be made in the bank s prescribed form.

Let me open an another account for you. Applicant should be a resident of india. 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. As applicable to savings bank accounts click here periodicity of interest payment.

Canara junior saving account bank account in minor students own name with debit card. 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. Ppf interest rates 2020. The following are historical interest rates of ppf accounts held with canara bank.

Hope you are already a customer. Minor students above the age of 10 years can open and. Eligibility criteria for opening a canara junior account. A guardian on behalf of a minor by declaring the date of birth of the minor.

Let me open an account for you. The ppf account interest rate may be changed once each quarter as per the decisions made by the finance ministry. If the joint account holder does not have canara bank account. Canara bank s savings account allows customers to save on a regular basis and earn interest of 3 5 to 4 p a.

Requirements for opening account. On the funds deposited.