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Product Details
Bank Name

Canara Bank

Account Name

Canara SB Select

Account Type

Saving Account

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 Platinum Debit card

Canara SB Select
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

Monthly Average Balance of 10,000 for Rural, 15,000 for Semi-Urban, 20,000 for Urban, 25,000 for Metro

Debit Card Charges

Free

NEFT Charges

Free online

IMPS Charges

Free online

Fees and Charges

Canara SB Select

0
Special Features
  • 1 domestic airport lounge access per quarter and 2 international airport lounge access per annum.

  • Free air accidental insurance.

  • Unlimited free locker operations.

  • Free NEFT/RTGS/IMPS.

  • Free SMS alerts.

Eligibility Criteria
  • All individuals above 18 years.

Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • 1 domestic airport lounge access per quarter and 2 international airport lounge access per annum.

  • Free air accidental insurance.

  • Unlimited free locker operations.

  • Free NEFT/RTGS/IMPS.

  • Free SMS alerts.

Cons
  • Low interest rates.

  • High monthly average balance requirements.

Application Procedure

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

Steps:

  1. Visit a Canara Bank Branch: Go to the nearest Canara Bank branch with all the required documents.

  2. Submit the Application: Fill out the application form accurately and submit it along with the necessary documents to the bank official.

  3. Account Opening: The bank official will verify your documents and initiate the account opening process.

  4. Receive Account Details: Once the account is opened, you will receive your account number, passbook (if applicable), and other relevant details.

Application Procedure
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