Can I Open Zero Balance Account In Canara Bank?

Can I open zero balance account in IDBI Bank?

IDBI Bank introduces Small Account (Relaxed KYC) – a savings account that’s literally meant for everyone.

Completely elementary in its approach and Zero Balance account for inclusive banking.

Debit cum ATM Card and Cheque Book- Get an ATM cum Debit Card (free of cost) and cheque book on request..

Is Canara Bank Safe?

Since Canara Bank’s loan to deposit ratio of 72.80% is within the sensible margin, below than the appropriate maximum of 90%, this level places the bank in a relatively safe liquidity position given it has not excessively lent out its deposits and has maintained a suitable level for compliance.

Is Canara Bank better than SBI?

Canara Bank is the fourth largest bank in the country in terms of asset size after SBI, ICICI Bank and PNB. The bank had 5% share of the total non-food credit and 4.8% share of the total deposits in the banking sector in FY10.

Which is safest bank in India?

And these are State Bank of India (SBI), HDFC Bank and ICICI Bank. Only three for now. RBI may add to this list in future as better and stronger banks emerge. So you can say that these are the safest bank for fixed deposit in India.

Which bank has no minimum balance?

For example, both Ally Bank and Capital One 360 offer free checking and savings accounts with no minimum balance to open an account (and no ongoing minimums either). Opening an account is easy, and you’ll probably earn more on your savings than you would get from the bank down the street.

Which bank is best for zero balance account?

8 Best Zero Balance Savings Account In IndiaIDFC First Bank Pratham Savings Account. … YES Bank Smart Salary Advantage. … IndusInd Bank-Indus Online Savings Account. … DBS-DigiSavings. … Kotak Mahindra Bank-811 Digital Bank Account. … HDFC Bank – Basic Savings Bank Deposit Account. … SBI – Basic Savings Bank Deposit Account. … Standard Chartered Basic Savings Bank Deposit Account.

What is the minimum balance for Canara Bank savings account?

Rs. 1,000To maintain Canara Bank Savings account, you require a minimum balance of Rs. 1,000 for Metro, Urban and Semi Urban branches and Rs. 500 for Rural branches.

Is Canara Bank a government bank?

Canara Bank Limited is one of the largest public sector banks owned by the Government of India. It is headquartered in Bengaluru. It was established at Mangalore in 1906 by Ammembal Subba Rao Pai and later the government nationalized the bank in 1969.

Why Canara Bank is best?

2) Non performing assets much better than peers Canara Bank is among the few public sector banks that has much better control over non performing assets. The net non performing assets of the bank came in much better than most other public sector banks at 2.74 per cent for the quarter ending June 30, 2015.

Which bank account is best for students?

Best Student Bank AccountsChase Bank College Checking Account: Best Overall.Capital One 360 MONEY Account: Best For High School Students.Bank of America Advantage Banking: Best For Encouraging Saving.Discover Cashback Debit Account: Best Fee-Free Account.PNC Virtual Wallet Student Account: Best For Creating a Budget.More items…

Which bank has lowest minimum balance?

ICICI Basic Savings Account.HDFC BSBDA Small Savings Account.SBI Basic Savings Bank Account.Axis Bank Small Basic Savings Account.Indus Small Savings Account.Standard Chartered Bank’s Basic Banking Account.RBL Bank’s Abacus Digital Savings Account.IDFC Bank Pratham-savings account (BSBDA)

Can I open online account in Canara Bank?

Canara Bank enables individuals to open a savings bank account online as well. Individuals can open an Insta saving account and digital savings account.