• Canara

  • Recurring Deposits
  • Attractive Rate of Interest.
  • Monthly installments.
  • Upto 90% loan facility available.
  • Special Rate for Senior Citizens.
  • Attractive Rate of Interest.
  • Monthly installments.
  • Upto 90% loan facility available.
  • Special Rate for Senior Citizens.
  • Individual, Joint Account, Guardian on behalf of minor, HUF, Proprietorship firm, a Company, An association, a trust, an institution.
  • Application in the Banks’ prescribed form.
  • Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card).
  • Photograph of Depositor/s (2 copies).
  • Proof of Identity and address as per KYC Norms.
  • Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF etc.
  • As applicable to term deposits of various tenures prevailing from time to time, Interest compounded quarterly. Click Here.
Special Rate for Senior Citizen 0.50% over & above the rate applicable to general public.
Penalty for Premature Closure A penalty of 1.00% will be levied for premature closure of Recurring Deposits that are opened on or after 04.02.2011. Such prematurely closed Recurring Deposits will earn interest at 1.00% below the interest rate as ruling on the date of deposit and as applicable for the period run.