Small Savings Bank Deposit Account

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Small Savings Bank Deposit Account

Struggling to save effectively? Canara Small Savings Bank Deposit Account offers secure savings, easy access, and competitive interest rates. Start today!

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Details for Small Savings Bank Deposit Account

Canara Small Savings Bank Deposit Account is designed for individuals seeking a secure and convenient savings option. Enjoy competitive interest rates, hassle-free transactions, and reliable banking services. Ideal for growing your savings with ease while benefiting from Canara Bank’s trusted financial expertise.

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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

  • An individual in his/her name.

Additional Benefits

  • The services available in the account will include deposit and withdrawal of cash at bank branches, receipt/credit of money through Electronic payment channels or by means of deposit/ collection of cheques, etc.
  • No charge will be levied for non-operation/ activation of inoperative Canara Small Savings Bank Deposit account.
  • Internet and Mobile Banking facility also will be extended to the Canara Small Savings Bank Deposit account holders at the discretion of the Branch.
  • Pass book, transfer of account from one branch to another, Standing instruction, etc.
  • Nomination facility available.
  • A SB product designed for the common man who is unable to provide full KYC documents as part of the financial inclusion objective of RBI.

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