Canara Bank Account Opening For Minor

On the funds deposited.

Canara bank account opening for minor.

A guardian on behalf of a minor by declaring the date of birth of the minor. Let me open an account for you. If the joint account holder does not have canara bank account. Hope you are already a customer.

Minor students should be above the age of 10 years. Welcome to canara bank ideal destination for personal banking need. 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. The ppf account interest rate may be changed once each quarter as per the decisions made by the finance ministry.

Canara bank s savings account allows customers to save on a regular basis and earn interest of 3 5 to 4 p a. 1 fill up canara bank account opening form or submit the passbook. Application to open a canara basic savings bank deposit account should be made in the bank s prescribed form. 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.

Eligibility criteria for opening a canara junior account. Let me open an another account for you. Canara junior saving account bank account in minor students own name with debit card. 25 000 the bank waves of charges for purchase of 2 dds of amounts up to rs.

Minor students above the age of 10 years can open and. Applicant should be a resident of india. Application in the banks prescribed form proof of identity address proof passport size photograph. Ppf interest rates 2020.

Requirements for opening account. As applicable to savings bank accounts click here periodicity of interest payment. 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. A customer opening a canara basic savings bank deposit account shall not have any other operative accounts with the branch bank.

The following are historical interest rates of ppf accounts held with canara bank. If customers maintain a minimum balance of rs.