History of Canara Bank :
Canara Bank was founded in 1906 by late Sri. Ammembal Subba Rao Pai. The Bank was initially named as 'Canara Bank Hindu Permanent Fund'. It blossomed into a limited company in 1910 and was renamed as 'Canara Bank Ltd'. In 1969 the Bank was nationalized and thereafter came to be known as Canara Bank.
Today, Canara Bank is one of the premier banks in the country with a network of 2513 branches spread all over the country. The Bank has many distinctions to its name. It was the first bank to be conferred FICCI award for contribution to rural development. Canara Bank Bank was the first among banks to launch networked ATMs and obtain ISO Certification.
Canara Bank has carved a niche for itself in providing IT-based services. With 100% computerization of the branches, the bank provides a wide array of services, such as, Networked ATMs, Anywhere Banking, Telebanking, Remote Access Terminals Internet & Mobile Banking, Debit Card etc.
For the year 2004-05, Canara Bank clocked the highest net profit (Rs.1110 crore) among nationalized banks, with significant improvement in capital adequacy ratio (12.78%) and asset quality (net NPA ratio of 1.88%).
Chairman & Managing Director of Canara Bank : Sri. M. B. N. Rao
Privacy Policy of Canara Bank :
Canara Bank (“Bank”) understands that our relationship is strongly built on trust and faith. Any personal information that we seek from you would only be aimed at providing you quality service and would be kept confidential. This information would not be used in any way detrimental to your interest. We may however be required to disclose your personal information to Government, judicial bodies, and our regulators or to any person to whom the Bank is under an obligation to make disclosure under the requirements of any law binding on the Bank or any of its branches, when situation so demands.
Security Policy Canara Bank :
We accord top priority to Security and strive to provide protection to your accounts against accidental access, unauthorized access, data corruption or erasure by way of appropriate physical and managerial procedures. We use the Secured Socket Layer protocol with 128bit encryption for secure transmission of your messages to our Web Servers. This security aspect has been certified by the IDRBT, an institution of Reserve Bank of India. Our Web Servers are securely placed behind Firewalls to prevent unauthorized access to your account information.
Services Charges of Canara Bank : Cansarl SB A/C, Saving Bank Accounts , Cards, Remittance Facilities, Cheque Collection, Collection Of Bills, Foreign Exchange Transactions, Miscellaneous, Retail Loan, Other Basic Banking Services, etc.
Other Services of Canara Bank : Special Privileges, Citizens Charter(Good Banking), Grievance Redressal, Interest Rates, Rules of Business, Instant Credit Of Cheques, Fair Practice Code , etc.
Other Basic Banking Services of Canara Bank : Cheque Book Facility (Issue of Cheque Books), Issue of Pass Book (OR Statement)/Issue of Balance Certificate (Including Interest certificates), Issure of Duplicate Pass Book or Statement/Pass Sheet, Stop Payment, Balance Enquiry, Account Closure, Signature Verification/Photo Attestation, No Due Certificate, etc.
Loan Schemes of Canara Bank : Agriculture & Rural Credit, Kisan Credit, Loans for AgriClinic, Minor Irrigation Loans, Farm Machinery Loans, Farm Development Loans, Vehicle Loan for Agriculturists, Loan for Plantation Crops, Loan for Marine Fisheries, Loan for Inland Fisheries, Loan for Sericulture, Loan for Purchasing Agricultural Land, Loan for Poultry, Export Credit for Agro Products, etc.
Other Agricultural Loans : Dairy Loans, Piggery Loans, Farm Forestry Loans, Bio-Gas Plant Loans, Estate Purchase Loans, Agricultural Crop Loans, Agricultural Gold Loans, Farmer's Benefit Scheme, Sheep & Goat Rearing Loans, Farmers Green Card Scheme, Bee Keeping (Apiculture) Loans, Loans for setting up Farm Houses, Loans for setting up Market yards, Loans for setting up Rural Godowns, Loans for setting up Cold Storage Units, Loans for Bio-Technology Development, Loans for Contract Farming for Corporates/Others, etc.
Card Services of Canara Bank : Cancard VISA, Cancard Master Cancard VISA International (Gold), etc.
Personal Banking of Canara Bank :
Deposits : Savings Bank, Current Account, Fixed Deposits, Kamadhenu Deposits, Canbank Auto Renewal Deposit (CARD), Canflexi Deposits, Ashraya Deposits(for Senior Citizens ), Recurring Deposits etc.
Advisory Services of Canara Bank : Industrial Advisory Services, Agricultural Consultancy Services, Executor Trustee & Taxation Services, Debenture Trustee Services, Project Finance Services etc.
Commercial Banking :
CMS : Cash Management Services
Ancillary Services of Canara Bank : Depository Services, Safe Deposit Lockers, Safe, Custody Services, Nominations, 7 Day Banking, Extended Banking, DD Shoppe, etc.