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CANARA SB POWER PLUS

CANARA SB POWER PLUS - SB ACCOUNTS FOR PREMIER SEGMENT OF CUSTOMERS

ELIGIBILITY

1. Resident Individuals, Joint Accounts, Guardian on behalf of Minors, Associations,

Trusts & Institutions, Clubs etc

2. NRE / NRO Customers

INITIAL BALANCE

Zero

BALANCE IN THE ACCOUNT

Rs..1 lac average quarterly balance to be maintained

If the minimum required average balance is not maintained for the previous quarter,

freebies to be withdrawn

NATURE OF DEPOSIT

Running (Operating) account

INTEREST RATE

As applicable to SB deposits

PERIODICITY OF

INTEREST PAYMENT

Interest is calculated on the daily balance maintained in the account and credited to SB accounts on 1st February, 1st May, 1st August and 1st November every year

SPECIAL RATE FOR

BULK DEPOSITS

Not applicable

 

TDS

Not applicable

NOMINATION FACILITY

Available

LOAN AGAINST DEPOSIT

Not Applicable

VALUE ADDED

FACILITIES

Debit Card

Platinum Debit Card with photo:- Free

ATM cash Withdrawal

Rs.50, 000/= in our Bank ATM. In other Bank ATMs limit as permissible for other Banks' card holders.

ATM Transactions

Free Unlimited in our Bank's ATMs

Statement of A/cs

through Email:

Free every 15 days

SMS Alerts

Free

Inter Bank Mobile

Payment system

Free

Net Banking

Free

NEFT / RTGS

Free

DD charges

Fully waived

Personalised Cheque

Books

Free up to 300 Cheque Leaves per annum

Auto sweep /

Reverse Sweep

Auto sweep-in and sweep-out can be carried out as

per customers' choice / request for balance beyond Rs.1 lac

Cash Remittance /

Deposits: Intra/ Inter City - at Base and Non-Base branches

Free

Credit Card

First year free of charge.

Personal Accident Insurance (Death Only) available up to Rs.2.00 lacs to Rs.8.00 lacs for self/spouse on issue of credit card as per terms and conditions

Locker facility

Allotment on priority subject to availability.

25% concession in locker rent irrespective of size in the first year.

Free unlimited locker operations

Demat Account

Available with Trading Account

Reset of password in

IMB

Free

APPLICATION AND DOCUMENTS

Application Specimen Signature CardCopy of PAN CARD or Form 60 / 61 (if customer does not have PAN Card)Photograph of depositor/s (2 copies)Proof of Photo ID and address as per Know Your Customer Norms.

For NRE Customers: All documents as above except PAN / Form 60 or 61