Canara Bank Account Opening For Minor

A customer opening a canara basic savings bank deposit account shall not have any other operative accounts with the branch bank.

Canara bank account opening for minor.

Welcome to canara bank ideal destination for personal banking need. The following are historical interest rates of ppf accounts held with canara bank. 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. 25 000 the bank waves of charges for purchase of 2 dds of amounts up to rs.

Let me open an account for you. Applicant should be a resident of india. Application to open a canara basic savings bank deposit account should be made in the bank s prescribed form. Junior the savings account for kids.

Application in the banks prescribed form proof of identity address proof passport size photograph. If the joint account holder does not have canara bank account. Minor students above the age of 10 years can open and. If customers maintain a minimum balance of rs.

The ppf account interest rate may be changed once each quarter as per the decisions made by the finance ministry. Canara junior saving account bank account in minor students own name with debit card. Eligibility criteria for opening a canara junior account. Let me open an another account for you.

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. 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. Minor students should be above the age of 10 years. A guardian on behalf of a minor by declaring the date of birth of the minor.

1 fill up canara bank account opening form or submit the passbook. As applicable to savings bank accounts click here periodicity of interest payment. Hope you are already a customer. 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.

Requirements for opening account. Ppf interest rates 2020.