How to Open an Account in Canara Bank? Documents Required, Opening Process, etc.
Canara bank is one of the best Public sector banks in India that offers the best services to customers including net banking, mobile banking, service.
You can open an account in the Canara Bank both online and offline. In this column, we will discuss how to open an account in Canara Bank? documents required, opening process, etc.
How to Open an Account in Canara Bank?
The following are the step by step instructions on how to open an account in Canara Bank-
Online Account Opening
- Visit the official website of Canara Bank and click on the net banking option on the menu
- Now, from the side bar, you’ll have to choose online Account Opening option followed by clicking on the “Open SB Account”
- After clicking on the button, a form will appear where you’ll have to insert your mobile number, email Id and name
- An OTP will be sent on your mobile number which you’ll have to insert in the given field
- Now, you’ll be redirected to other part of the form where you’ll have to enter your Aadhaar card and PAN Card number followed by enter the OTP sent on your registered mobile number
- You are required to complete the form with details like you address, nomination of the account, education qualification, etc.
- After filling the form, click on the submit button and a PDF file will be downloaded
- You’ll have to take a printout of the application form and attach the documents mentioned below
- Now, visit the bank premises and submit the documents for verification
- Your application will be reviewed and approved for further account opening process
- After successful verification, you’ll receive the Canara Bank starter’s kit which will contain Canara bank debit card, digital banking pin, Cheque book, and passbook
Offline Account Opening
- Visit your nearest Canara Bank premises and ask the bank representative for the account opening form
- Now, Fill the form with correct details and attach the documents mentioned below
- After attaching the documents, you’ll have to submit the documents to the bank representative
- Your application will be reviewed and approved for further account opening process
- After successful verification, you’ll receive the Canara Bank starter’s kit which will contain Canara bank debit card, digital banking pin, Cheque book, and passbook
- Now, you’ll have to activate your mobile banking, net banking, debit card to use your banking services
Documents Required for Canara Bank
The following are the documents required for opening a bank account in Canara Bank-
- Aadhar Card
- PAN Card
- Address Proof-Electricity bill, credit card bill, Utility Bill, Voter’s ID card, etc.
- Identity Proof-Driving License, Passport, etc.
- Photograph of the Applicant
FAQ
What is the minimum balance required for Canara Bank Savings Account?
The minimum required to balance that is required by the account holder to maintain depends on the location. If it is a Metro, Urban & Semi-urban branches then the minimum maintenance balance is Rs.1000/- and if they are rural branches then Rs.500/-.
What is the interest rate offered by the Canara bank for the savings bank account?
The interest rate offered by the Canara Bank ranges from 2.90% to 3.50% depending on the number of funds deposited in the account.
Do we need to apply for the Canara Bank Net Banking and Mobile Banking separately?
No, we do not need to apply for the Canara bank Net Banking or mobile banking separately as you’ll be provided with an option while filling the application form to enable the mobile banking and net banking services.
Can we check Canara Bank Balance using the Digital Banking methods?
Yes, you can find the bank balance of the Canara bank using digital banking methods like net banking and mobile banking, also there are a lot of other methods as well that you can use to find the bank balance like Canara Bank Missed call number, SMS Banking, etc.
I’m Shiv Kumar, a graduate with a passion for finance, marketing, and technology. My journey into finance started with a desire to understand money management and investing.
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