I was planning to open a zero-balance account, and I didn't know which bank to choose. I asked my father about which bank to go with, and he suggested me to go with Canara Bank. Since I wasn’t aware whether they have zero balance accounts or not, I called a friend who works at the Bank and asked him does Canara Bank have zero balance account.
Can I Open Zero Balance Account in Canara Bank?
My friend told me that Canara Bank does have Zero Balance Accounts. He told me that this account is known as the
Canara SB Galaxy Account, and it has many benefits.
Benefits of Canara SB Galaxy Account
He started by saying that, these accounts can be opened at zero balance.
He also said that SB Galaxy Accounts come with the free issuance of a Debit Card/ Credit Card.
The Annual maintenance Charges on Demat A/C are waived as well.
He told me that SMS / NEFT /RTGS are all free.
According to him, it has personal insurance cover (Death - Accident) of Rs. 5 lakhs is extended.
These are some of the benefits that my friend told me when I asked him can we open zero balance account in Canara Bank. I finally opened a Canara SB Galaxy Account. Hope this helps.
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Authors Of The Question
Does Canara Bank Have Zero Balance Account?
Dipak43
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39 days
2024-07-31T15:27:45+00:00 2024-07-31T15:27:46+00:00Comment
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