Last Updated: September 22, 2026

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  • Tag: customer-friendly move

    Canara Bank removes minimum balance requirement for all savings accounts

    New Delhi: In a customer-friendly move, the Canara Bank on Sunday officially scrapped the penalty for not maintaining a minimum balance in savings accounts starting June 1. With this decision, customers holding any type of savings account with Canara Bank will no longer be charged or penalised for failing to maintain a minimum balance. The.