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Canara BankSavings account

Canara Basic Savings Bank Deposit Account

Canara Bank's full-KYC BSBDA with no minimum balance, a free ATM/ATM-cum-Debit Card, internet/mobile banking and a current four-free-withdrawal framework that excludes non-ATM digital payments from the count.

First-party evidencePublished researchReviewed September 9, 2026Active
Open primary bank source ↗Bank dossierCompare alternatives
Balance / relationshipNo minimum-balance requirement.
Cost / chargesNo minimum balance. Canara states the ATM Card or ATM-cum-Debit Card carries no annual fee at issuance or renewal; at least 25 cheque leaves per year and core account facilities are also provided free under the reviewed page.
Limits / allowancesMinimum four free withdrawals per month including transfers and ATM transactions. Canara explicitly says non-ATM digital payments such as POS, NEFT, RTGS, UPI and IMPS are not counted as withdrawals for this purpose.
Ongoing relationship ruleCanara confirms a free ATM/ATM-cum-Debit Card but does not name one exact card variant on the BSBDA page, so the engine does not manufacture a card relationship edge.
Research processPublished by bankingreference.info

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

2 first-party sources
Last checkedSeptember 9, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: January 7, 2027.

Critical decision facts

Start with the ongoing account relationship, then price the access layer.

Balance or salary conditions, charges, allowances and downgrade rules can matter more than a promotional benefit.

01 · Balance / relationshipNo minimum-balance requirement.
02 · Cost / chargesNo minimum balance. Canara states the ATM Card or ATM-cum-Debit Card carries no annual fee at issuance or renewal; at least 25 cheque leaves per year and core account facilities are also provided free under the reviewed page.
03 · Limits / allowancesMinimum four free withdrawals per month including transfers and ATM transactions. Canara explicitly says non-ATM digital payments such as POS, NEFT, RTGS, UPI and IMPS are not counted as withdrawals for this purpose.
04 · Ongoing relationship ruleCanara confirms a free ATM/ATM-cum-Debit Card but does not name one exact card variant on the BSBDA page, so the engine does not manufacture a card relationship edge.
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Cost / chargesNo minimum balance. Canara states the ATM Card or ATM-cum-Debit Card carries no annual fee at issuance or renewal; at least 25 cheque leaves per year and core account facilities are also provided free under the reviewed page.
Balance / relationshipNo minimum-balance requirement.
Core benefitsCash deposits, electronic credits, free ATM/ATM-cum-Debit Card, cheque book, internet/mobile banking and passbook or monthly statement.
Limits / allowancesMinimum four free withdrawals per month including transfers and ATM transactions. Canara explicitly says non-ATM digital payments such as POS, NEFT, RTGS, UPI and IMPS are not counted as withdrawals for this purpose.
EligibilityIndividuals singly or jointly and guardians on behalf of minors, subject to full KYC and the bank's account-ownership restrictions.
Ongoing relationship ruleCanara confirms a free ATM/ATM-cum-Debit Card but does not name one exact card variant on the BSBDA page, so the engine does not manufacture a card relationship edge.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Customers who want a current public-sector BSBDA with clearly documented free core services and explicit treatment of digital payments versus counted withdrawals.

Verify before relying
  • Withdrawals beyond the four-free framework can attract service charges under current Canara rules.
  • Digital-payment transactions and ATM transactions are treated differently for the BSBDA withdrawal count.
  • The bank states a BSBDA customer should not have another operative account with the branch/bank under the reviewed product rules.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

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First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

01
Primary product / service sourcewww.canarabank.bank.in
Open source ↗02
Additional first-party evidencecanarabank.com
Open source ↗
Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.