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Product Details
Bank Name

Canara Bank

Account Name

Canara Payroll Package Platinum Bank Account

Account Type

Salary

Interest Rate

Balance of less than Rs. 50 Lakh-2.90% and a balance of Rs. 50 Lakh to less than Rs 5 Cr-2.90%.

Free Debit Card

Rupay Select card

Canara Payroll Package Platinum Bank Account
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

0

Debit Card Charges

Nil

NEFT Charges

Free online

IMPS Charges

Free online

Fees and Charges

Canara Payroll Package Platinum Bank Account

0
Special Features
  • Instant overdraft facility upto INR 3 lakh.

  • 75% concession in processing charges of retail loans.

  • Personal loan available with competitive ROI.

  • 15% concession on locker rent.

  • 3 domestic airport lounge access per quarter and 3 international airport lounge access per annum.

Eligibility Criteria
  • Any salary holder can open account.

  • Age – 18 to 65 years.

  • Salary Band: ₹ 1,50,000/- & above. (Monthly)

Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • Free term life insurance.

  • Free personal accidental insurance.

  • Free air accidental insurance.

  • Instant overdraft facility upto INR 3 lakh.

  • 75% concession in processing charges of retail loans.

  • Personal loan available with competitive ROI.

  • 15% concession on locker rent.

  • Unlimited free locker operations.

  • Free NEFT/RTGS/IMPS.

  • Free SMS alerts.

  • Free zero-balance family accounts.

  • 3 domestic airport lounge access per quarter and 3 international airport lounge access per annum.

Cons
  • Low interest rates.

  • Canara Bank has a limited branch and ATM network. 

Application Procedure

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Product Review
Account Opening and Procedure
How to open an Account?

The account can be opened by employer on behalf of employee. 

Application Procedure
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