CANARA BANK RE-INVESTMENT PLAN : KAMADHENU DEPOSIT
KAMADHENU DEPOSIT (Re-investment Plan)

INVESTMENT LIMIT FOR CANARA BANK RE-INVESTMENT PLAN : KAMADHENU DEPOSIT
Minimum amount is Rs.1000/- and there is no maximum amount

DEPOSIT TENURE
Minimum tenure for deposit 5 months and maximum 120 months.

INTEREST RATE
It depends on the period of investment. for details click here

IMPORTANT ATTRIBUTES OF CANARA BANK RE-INVESTMENT PLAN : KAMADHENU DEPOSIT
- You are liable to pay tax according to the IT dept. rules and regulations majorly TDS
- Nomination facility is available.
- Loan facillity is availale uto 90% of the deposit amount.
- There is no penality for premature closure of the deposit.
- The interest is accrued quaterly.
- You will recieve the interest payment on maturity of term deposit
- Facility of part withdrawal of deposits in units of Rs.1000/- keeping the rest of the deposit to earn contracted rate of interest, available.

INSTITUTIONS AND PEOPLE WHO CAN APPLY CANARA BANK RE-INVESTMENT PLAN : KAMADHENU DEPOSIT
- Individuals who wish to save money.
- 2-4 Individuals jointly invest for saving extra savings
- A Parent or Guardian making investments on behalf of a minor for future expenses
- A Hindu undivided Family (HUF)
- Partnership, a Company, Association of Institution

DOCUMENTS REQUIRED FOR CANARA BANK RE-INVESTMENT PLAN : KAMADHENU DEPOSIT
- Application Form
-PAN card (Form 60 or 61 if customer does not have PAN Card)
- 2 Photograph of depositor/s
- Proof of address
- Proof of identity
- Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF etc
- Introduction to the depositor