Relief measures for customers announced by the Bank


As part of the relief measure amid Coronavirus (COVID 19) situation,
Canara Bank has decided to implement the following with immediate effect till 30.06.2020:
 Full waiver of the Service Charges for Non Maintenance of Minimum Balance in
Saving Bank Accounts
 Full waiver of Service Charges for any number of withdrawal from other Bank’s
 Waiver of Service Charges in respect of Digital Transactions under TReDS.
The Bank expects these measures will help in improving some respite to customers in the
current scenario.

About Canara Bank:
Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba
Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port
town in Karnataka. The Bank has gone through the various phases of its growth trajectory
over hundred years of its existence. Growth of Canara Bank was phenomenal, especially
after nationalization in the year 1969, attaining the status of a national level player in terms
of geographical reach and clientele segments. Eighties was characterized by business
diversification for the Bank. In June 2006, the Bank completed a century of operation in the
Indian banking industry. The eventful journey of the Bank has been characterized by several
memorable milestones. Today, Canara Bank occupies a premier position in the comity of
Indian banks. Canara Bank has several firsts to its credit.


Please enter your comment!
Please enter your name here