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Product Details
Bank Name
Canara Bank
Account Name
Ashray Deposit Scheme (For Senior Citizen)
Account Type
Saving
Interest Rate
Balance of less than Rs. 50 Lakh-2.90 and Balance of Rs. 50 Lakh to less than Rs 5 Cr-2.90.
Free Debit Card
Yes Canara Classic
76.5
Account Opening Fees
0
Debit Card Charges
Rs 125+ GST
Annual Maintenance Fees
0
NEFT Charges
Up to Rs.10,000- Rs. 2.25,Rs.10,001 and up to Rs.1 lakh-Rs. 4.75,Above Rs.1 lakh and up to Rs.2 lakhs-Rs.14.75.
Minimum Account Balance
1000
IMPS Charges
Up to Rs.10,000- Rs. 2.25,Rs.10,001 and up to Rs.1 lakh-Rs. 4.75,Above Rs.1 lakh and up to Rs.2 lakhs-Rs.14.75
Fees and Charges of
Ashray Deposit Scheme (For Senior Citizen)
Ashray Deposit Scheme (For Senior Citizen)
Special Features
Eligibility Criteria
Individuals, who have completed the age of 60 years and above, in single or joint names.
Benefits
Features, Eligibility and Benefits of
Ashray Deposit Scheme (For Senior Citizen)
Pros & Cons of
Pros
Loan Facility available upto 90% of the balance deposit amount.
Nomination facility available,
Cons
Very few valu-added features
Ashray Deposit Scheme (For Senior Citizen)
Ashray Deposit Scheme (For Senior Citizen) Review
The account comes with low interest rate and minimal value add features.
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Review of
Ashray Deposit Scheme (For Senior Citizen)
Account Opening and Procedure of
How to open an Account?
Application Procedure
Ashray Deposit Scheme (For Senior Citizen)
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