CANARA BANK SAVINGS ACCOUNT FOR CHILDREN : CANARA CHAMP DEPOSIT SCHEME
It is an savings bank account for children to cultivate ahabit of saving in them. This account is for children who are dependent and are upto the age of 12

INITIAL DEPOSIT AND MINIMUM DEPOSIT
Initial deposit Rs.100/- or more and its an zero balance account.

RATE OF INTEREST
3.5 % p.a.

FEATURES OF CANARA BANK SAVINGS ACCOUNT FOR CHILDREN : CANARA CHAMP DEPOSIT SCHEME
- Nomination facility is available
- Children can use C-Net Banking facility only for viewing their account
- The account has to be converted into a regular SB account after the child becomes an adult
- Attractive Savings Box to cultivate the habit of savings among children
- Free collection of cheques/DDs gifted to the child upto Rs. 25,000/- per annum (In Indian Rupees or foreign currency)

APPLICATION & DOCUMENTS
- Application Form
- Form 60 or 61 (if customer does not have PAN Card)
- 2 Photographs of child and the guardian
- Proof of Identity
- Proof of address