What Are the Withdrawal and Balance Limits for Canara Bank Savings Account?

Discover the withdrawal limits and minimum balance requirements for Canara Bank savings accounts along with tips to manage your account effectively.

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The limit of a Canara Bank savings account primarily depends on the type of account you hold. For a regular savings account, there might be a daily withdrawal limit ranging from ₹40,000 to ₹50,000 and a minimum balance requirement from ₹500 to ₹1,000, depending on whether the account comes with a cheque book or not. For precise limits and any potential changes, it's best to consult directly with Canara Bank or visit their official website.

FAQs & Answers

  1. What is the daily withdrawal limit for Canara Bank savings account? The daily withdrawal limit for a Canara Bank savings account typically ranges from ₹40,000 to ₹50,000 depending on the account type.
  2. What is the minimum balance required for Canara Bank savings accounts? The minimum balance requirement varies between ₹500 to ₹1,000 based on whether the savings account has an attached cheque book.
  3. Can withdrawal limits change for Canara Bank savings accounts? Yes, withdrawal limits may vary depending on the account type and bank policies, so it's recommended to verify current limits with Canara Bank directly.

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