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'No penalty on non-maintenance': Canara Bank waives minimum balance rule on all savings accounts

NEW DELHI: Canara Bank has announced that it will no longer require savings account holders to maintain a minimum balance, in a big relief for customers. Starting June 1, 2025, all types of savings ...
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Canara Bank Removes Minimum Balance Requirement, Making All Savings Accounts Truly Zero-Balance

Public sector lender Canara Bank has officially removed the penalty for non-maintenance of minimum balance across all categories of savings accounts, effective from 1 June 2025, in a landmark move ...