How to open a bank account in Canara Bank

Transfer fee is ~ 0,10% - 0,15%

No commission for enrollment incoming transfer

Internet banking in English

The Bank's diversified products and services include personal banking and corporate banking. Personal banking includes custody services, mutual funds, ancillary services, technology products, retail loan products, credit products for micro, small and medium enterprises, card services, etc. Corporate banking includes accounts and deposits, supply chain finance management, syndication services, technology upgradation fund schemes, etc. The Bank also provides depository services. The Bank provides basic savings deposit accounts, overdrafts under PMJDY program and credit services to the unbanked rural population through products such as differential interest rate scheme, Kisan credit card scheme, debt conversion scheme and various other credit products

Yes

Opening an account requires a personal visit of the director of the company to the bank

Completed bank forms, client passport / ID, standard set of corporate documents, etc.

Savings; Current

Predictable

Requirements to the description of the activity are standard: a story about the current state of the business and its formation, disclosure of the source of origin of funds, biography of the account beneficiary and contact information