Complete information of Canara Bank Mini mum Balance.

Canara Bank Mini mum Balance : What should be the minimum balance in Canara Bank? You have been given complete information in the article that canara bank mini mum balance is required . You have got all the information.

All the government and non-government banks in India, all have fixed a minimum balance limit in the account of their customers. And Canara Bank has also set a minimum balance limit for its customers.

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What is Canara Bank Mini mum Balance?

All banks maintain a minimum balance limit . If this balance reduces the balance in your account, the bank charges you. Most banks that have a minimum balance limit keep 500 rupees or 1000 rupees.

Each bank has divided the minimum balance amount into 4 categories.

  1. rural area
  2. Semi-rural or semi-urban area
  3. Urban area
  4. Metropolitan area

Canara Bank has also set a limit for its account holders . Separate for rural area and separate for urban area, Canara Bank has kept minimum balance of Rs 500 for rural area and Rs 1000 for semi-urban, urban and metropolitan area.

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1. Question: – Do I need to maintain a minimum balance for Canara Bank Savings Account?

Answer: – Yes, you have to maintain an average monthly balance of Rs 1000 (applicable for metro, urban and semi-urban branches) / Rs 500 (for monthly branches).

2. Question: –  Is the Special Interest Rate applicable on Canara Bank Savings Account for senior citizens?

Answer: – There is no special rate applicable for senior citizens with this savings account.

3. Question: – What are the other facilities with this Canara Bank Savings Account?

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