With effect starting on February 3, 2023, Canara Bank has updated its service fees for a number of non-credit, non-forex related services.

If returned on technical reasons, no charges for customers. After the revision, for cheque amount below Rs 1000, charge will be Rs 200, for amounts between Rs 1000 – below Rs 10 Lakhs, charge is Rs 300.

* Rs 10 Lakhs – below Rs 50 Lakhs is Rs 500/-

* Rs 50 Lakhs – below Rs 1 Crore is Rs 1000/-

* Rs 1 Cr and above is Rs 2000/-

* After the revision, below are the new rates

* Below Rs 1000/ is Rs 300/-

* Rs 1000/- to below Rs 5000/- is Rs 400/-

* Rs 5000/- to below Rs 10000/- is Rs 450/-

* Rs 10000/- to below Rs 1 Lakh is Rs 475/-

* Rs 1 Lakh to below Rs 50 Lakhs is Rs 500/-

* Rs 50 Lakhs to below Rs 1 Cr is Rs 1000/-

* Rs 1 Cr. and above is Rs 2000

Saving Bank Account- Minimum balance to be maintained

* Rural is Rs 500/-

* Semi Urban is Rs 1000/-

* Urban/Metro is Rs 2000/-

Metro/Urban Branches

* Rs 1999/- to Rs 1500/- is Rs 25/-+GST

* Rs 1499/- to Rs 1000/- is Rs 35/-+GST

* Rs 999/- and below is Rs 45/-+GST

Semi Urban Branches

* Rs 999/- to Rs 700/- is Rs 25/-+GST

* Rs 699/- to Rs 400/- is Rs 35/-+GST

* Rs 399/- and below is Rs 45/-+GST

Rural Branches

* Rs 499/- to Rs 350/- is Rs 25/-+GST

* Rs 349/- to Rs 200/- is Rs 35/-+GST

* Rs 199/- and below is Rs 45/-+GST

The fee for adding or removing names is Rs 100 plus GST per case/instance. There is no fee for online. Not applicable for name deletion due to a customer’s passing from a joint account.

* Below Rs 1000 NIL

* Rs 1000/- to below Rs 10000/- is Rs 3/-+GST

* Rs 10000/- to below Rs 25000/- is Rs 5/-+GST

* Rs 25000/- to below Rs 1 Lakh is Rs 8/-+GST

* Rs 1 Lakh to below Rs 2 Lakhs is Rs 15/-+GST

* Rs 2 Lakhs to Rs 5 Lakhs is Rs 20/-+GST.

One page shall consist of 40 entries, or any portion thereof. In the event of CA/OD/OCC/PL/KCC/KCCS (i.e. all credit limitations other than single transaction limits and Bills/Cheque limits), Rs 125+GST per ledger page will be collected on a quarterly basis (Jun/Sep/Dec/Mar). In the case of active accounts, the number of free folios per quarter available is as follows:

Amount Number of Free Folios Upto

* Rs 25000/- No free folios

* Rs 25001/- to Rs 50000/- 02 free folios

* Rs 50001/- to Rs 100000/- 04 free folios

* Rs 100001/-to Rs 200000/- 07 free folios

* Rs 200001/-to Rs 500000/- 10 free folios

* Above Rs 500000/- No charges

At the time of Account opening/ First time (legacy account): NIL.

Further change: Rs 50/-+GST per instance.

According to the Canara Bank website, “Four (4) withdrawals per month including drawings through ATM (own Bank/other Bank ATMs) are free of cost. Withdrawals exceeding 4 per month would be levied a service charge at the rate not exceeding Rs 5/- +GST per withdrawal.

The above charge of Rs 5/- will not be levied for any type of debit transactions (exceeding the prescribed minimum four free transactions in a month) for transactions where normal charges are collected for services extended such as:

1. Cash Withdrawal through channels such as ATM/POS, etc.

2. RTGS/NEFT/Clearing/Transfer/ Internal Debit/EMIs/DD/ Standing Instructions.

3. BC transactions.

Exemptions:

1. Electronic Debit card transactions powered by RuPay.

2. Unified Payments Interface (UPI) (BHIM UPI).

3. Unified Payments Interface Quick Response Code (UPI QR Code) (BHIM UPI QR Code)”

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