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
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CANARA BANK SAVINGS AND FIXED TERM DEPOSIT INTEREST RATES 10 Aug, 2011

TERM DEPOSITS
For Deposits Less than Rs.1 crore
GENERAL PUBLIC / SENIOR CITIZENS
7 days to 14 days – 4.00 / 4.50
15 days to 30 days – 4.50 / 5.00
31 days to 45 days – 4.50 / 5.00
46 days to 90 days – 7.00 / 7.50
91 days to 179 days – 7.50 / 8.00
180 days to 269 days – 8.50 / 9.00
270 days to less than 1 year – 8.50/ 9.00
1 year and above 554 days – 9.50/ 10.00
555 days – 9.50/ 10.00
556 days and less than 2 years -9.50/ 10.00
2 years and less than 999 days – 9.25 / 9.75
1000 days – 9.25 / 9.75
1001 days & less than 3 years – 9.25 / 9.75
3 years to less than 1199 days – 9.00 / 9.50
1200 days – 9.00 / 9.50
1201 days to less than 5 years – 9.00 / 9.50
5 years to less than 8 years – 9.00 / 9.50
8 years and above 10 years – 9.00 / 9.50

SAVINGS BANK A/C
Domestic customers, NRO, and NRE – 4%

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CANARA BANK SAVINGS ACCOUNT MINIMUM BALANCE ACCOUNTS

CANARA BANK SAVINGS BANK ACCOUNT

ELIGIBLE PEOPLE CANARA BANK SAVINGS ACCOUNT MINIMUM BALANCE ACCOUNTS-
- Individuals, Joint accounts, Minor accounts, Illiterates
- HUF, Non-corporate bodies, Clubs, Societies, Associations
- Schools, Trusts, Executors/ Administrators
- Govt. bodies, Semi-Government Departments, Recognized PF Accounts
- Capital Gains Accounts

MINIMUM BALANCE (more…)

CANARA BANK SPECIAL RECURRING DEPOSIT SCHEME

KEY FEATURES OF CANARA BANK SPECIAL RECURRING DEPOSIT SCHEME
- You can deposit the amount in quaterly, half yearly or yearly installments. In other words the amount can be deposited every 3 months, 6 months or 12 months, you can choose any one periodic cycle.
- The minimum investment has to be of Rs. 10,000/- and further investments have to made in multiples of Rs. 1,000/-
- The minimum tenure of deposit is 5 years and the maximum is 20 years.
- The interest accrued will calculated on quaterly, half yearly or yearly basis depending on what you choose and moreover every installment will be treated as a seperate FDR.
- Loan facility is also available.
- There is nomination facility available as well

ELIGIBILITY
- An Indian national OR any Indian having money.
- Institutional, Corporate investors or Government undertakings for their special need such as sinking/ amortization funds
- Any Business or social organisation for any unforeseen circumstances.

DOCUMENTS REQUIRED FOR CANARA BANK SPECIAL RECURRING DEPOSIT SCHEME

- Application Form
- PAN Card (Form 60 or 61 if customer does not have PAN Card)
- Photograph of depositor/s (2 copies)
- Proof of address as per KYC Norms
- A different proof of residence address if your current address is different from the one mentiones in your passport.
- Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF etc