Junior Saving Account

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Junior Saving Account

Canara Junior Saving Account helps parents secure their child’s future with hassle-free banking, zero balance, and attractive interest. Start saving today!

  • cheque availibilty
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Details for Junior Saving Account

Canara Junior Saving Account is designed to instill saving habits in children. It offers attractive interest rates, zero-balance maintenance, and exclusive benefits like free deposits and withdrawals. Secure your child’s financial future with a safe and rewarding banking experience.

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Interest Rate

4 % p.a.

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Withdrawal Limit

Not available

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Transaction Limit

Not available

Eligibility Criteria for Opening an Account

  • Minor Students above the age of 10 years can open and operate SB A/c in their own name, independently.
  • Declaration to be obtained from parent / guardian.

Additional Benefits

  • Basically, a SB Deposit for Minor Students.
  • Free fund transfer to colleges/educational institutions by way of DD or NEFT/RTGS subject to maximum withdrawal/ transfer of Rs.10000/.
  • Attractive Education Loan Scheme for Students.
  • Conversion of the account into regular SB account after the child attains majority.
  • Bank Account in Minor Student’s own name with Debit Card.

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