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Canara Bank launches new schemes for high net worth individuals

Canara Bank has launched two new schemes for high net worth individuals offering services like free debit and credit cards, anywhere banking facility, internet and mobile banking facility with free fund transfer, tele-banking and issue of demand drafts at

Apnaloan.com Research Bureau

22 Aug 2007

Canara Bank has launched two new schemes for their high net worth individuals SB (Savings Bank) Gold and Can-Premium current accounts on August 22, 2007. The schemes aim at retaining and adding to the Bank's share of high net worth clientele.

The schemes offer various services like free debit and apnapaisa.com/loan/credit-card-india/articles.html" id="sfi3" target="_blank" title="\" click="" here="" to="" read="" articles="" on="" credit="" cards\="">credit cards, anywhere banking facility, Internet and mobile banking facility with free fund transfer, tele-banking and issue of demand drafts at concessive charges.

Business Standard reports that these schemes will be available to customers holding an average monthly balance of Rs 1 lakh in their operative accounts.

Such account-holders can also avail the sweep in-sweep out facility, whereby the balances held beyond Rs 1 lakh earn interest at rates applicable to term deposits

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