Canara Bank Junior Savings Account, Canara Bank Children's Saving Account

Features

Total Credit in such accounts should not exceed Rs.1 lakh per annum.
Balance in the account not to exceed Rs.50,000 at any point of time.
Specially designed Personalized Debit Card to be issued in the name of minor students above the age of 10 years.
The maximum monthly withdrawal by Debit Card is restricted to Rs.5,000 per month.
Total Debit Transaction limit per month is Rs.10,000 including maximum monthly withdrawal limit by using Debit Card of Rs.5000.
Free fund transfer to colleges/educational institutions by way of DD or NEFT/RTGS is allowed, subject to maximum withdrawal/ transfer of Rs.10,000.
SMS alert to be sent to Mobile Number as provided in the declaration by the parent/guardian.
e-Info Book Facility available.

Minor Students above the age of 10 years can open and operate account in their own name, independently.
Declaration to be obtained from parent/ guardian.