Canara Bank
Canara Bank

Canara Bank

Canara Bank is a major majority state owned commercial bank in India that offers various financial products and banking services to its customers including personal, SME, NRI and Corporate banking. 

It was founded in 1906 and the Government of India nationalized Canara Bank in 1969. While it is a state owned bank, in the 2010 Annual Report it mentioned that the central government will not hold less than 51% of the bank and it has its shares listed on the NSE India and Mumbai (Bombay) stock exchanges.

It has a significant physical presence within the country with as at June 2010 having 3057 branches (2681 with internet and mobile banking) including 2000 ATMs.  It also has branches abroad in the UK (London, Leicester),  China (Hong Kong, Shanghai), UAE and Qatar.

Canara provides savings & deposit products for customers excess funds including fixed deposit accounts, current accounts, savings bank accounts, gold deposit accounts, and recurring deposit accounts.

Canara Bank Services

Personal Banking

  • Savings Accounts
  • Deposit Accounts
  • Current Accounts
  • Fixed Deposits
  • Loans
  • Mortgages
  • Life Insurance
  • General Insurance
  • Forex
  • International Banking Services
  • Credit Cards
  • Debit Cards Prepaid Cards
  • Consultancy Services
  • Depository Services
  • Safe Deposit Lockers
  • NRI Banking Services

Individual Investments

  • Mutual Funds
  • Savings Accounts
  • Deposit Accounts

Canara Bank Discussion

  • Q: can i open nre account from outdise of india

    Reply babasaheb from Kuwait

Canara Bank Discussion Activity

  • Canara Bank 8 Year Fixed Deposit Rates - Deposits
    Q: HI, I am in United states and would like to open a Fixed deposit account in canara bank. is it possible to do that while i am here or do i have to be in India to do that.

    Reply Amit from San Diego, United States