If you have a Canara Bank account, this information is for you. Yes, Canara Bank has changed the fees charged for its nine services in honour of the New Year. The bank's new rates, on the other hand, will go into effect on February 3. Customers of Canara Bank will now be charged new fees for check returns, ECS debit returns, ATM money transactions, fund transfers, internet-mobile banking, online fund transfers, name changes, and address changes.
According to Canara Bank's website, the fee charged for 9 services has been changed. If the bank returns the check for technical reasons, no charge is levied against the customer. Following any changes, a charge of Rs 200 will be levied for any check less than Rs 1000. This fee will be Rs 300 for amounts ranging from Rs 1000 to Rs 10 lakh.
Changes have also been made on the bank's end regarding the minimum balance in the account. Failure to maintain the minimum balance will result in a penalty. The minimum balance limit for rural areas is Rs.500 and Rs.1000 for semi-urban areas. Similarly, the minimum amount limit for urban / metro is Rs 2000. For failing to maintain this amount, the bank has decided to levy a penalty ranging from Rs 25 to Rs 45 plus GST, depending on the area.

There will be a charge of Rs 100 for deleting or adding a name, as well as adding or deleting someone's name, in the GST bank account. Adding or removing a name will cost Rs 100 plus GST. This fee will only apply if you apply through the window. In the online mode, there will be no fee. If the joint account holder dies, no fee is required to delete his name. Changes to mobile numbers, e-mail addresses, and other personal information will also incur fees. What kind of fee is not required for withdrawing money from an ATM up to four times per month? Following that, GST, in addition to Rs 5, will have to be paid on every transaction.
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