Canara Bank account holders have a reason to celebrate! India’s first government-owned bank has launched a fully digital balance confirmation certificate, eliminating the need to visit branches or submit physical documents. Customers can now access verified balance certificates online, making banking faster, secure, and convenient.
Canara Bank has launched a special 444-day fixed deposit (FD) scheme which provides higher interest rates to its regular customers and senior citizen clients. The company developed these initiatives to improve customer service while creating investment options that provide secure returns.
Digital Balance Certificate Service:
The new service, in partnership with PSB Alliance Pvt. Ltd., allows account holders to approve their balance certificates digitally. Auditors and customers can instantly download the certificates without any paperwork. The process operates without any physical documents while providing rapid and secure service which supports Digital India goals.
Key Benefits:
- Paperless: Fully digital, eco-friendly
- Fast: Instant approval and download
- Secure: Data protected with encryption and authentication
- Transparent: Reduces errors, simplifies audits
- Convenient: Accessible from anywhere
444-Day Fixed Deposit Scheme:
- Interest Rates: 7.75% for senior citizens, 7.25% for ordinary customers
- Features: The investment offers safety through government endorsement along with high returns which investors can access through online platforms and branch locations while receiving tax advantages under Section 80C.
- Ideal For: Risk-free, long-term savings with stable returns
Expanded Digital Banking Services:
Canara Bank’s digital portfolio is available through the Canara AI1 app, offering:
- Account checking and fund transfers
- FD booking and bill payments
- UPI & QR code payments
- Card services including cashback, rewards, and EMI options
All services are available 24/7 across India, making banking simple and efficient for all customers.
Conclusion:
With digital balance certificates and high-interest FDs, Canara Bank leads the way in digital banking transformation. Account holders are encouraged to download the AI1 app and enjoy faster, safer, and smarter banking while securing their future savings.
