Canara Bank debit card annual fees
For classic or standard debit cards, the annual fee has hiked from ₹125 to ₹200; for platinum and business cards, it has risen from ₹250 to ₹500 and ₹300 to ₹500 respectively. Canara Bank will keep charging an Rs. 1000 annual fee for select debit cards.
Canara Bank debit card replacement fees
For classic or standard debit cards, Canara Bank has hiked debit card replacement fees from NIL to ₹150. For platinum, business and select cards, Canara Bank has hiked charges from ₹50 to ₹150.
Canara Bank debit card inactivity fee
For users of business debit cards, the bank would now only impose a card inactivity fee of ₹300 annually. There will be no charge for the other card types.
Canara Bank debit card SMS alert charges
Canara Bank will now impose SMS alert charges on actuals basis from ₹15 per quarter imposed before.
For Canara Bank Debit Card - Standard/Classic, the daily cash withdrawal limit at ATMs is Rs. 40,000, while the daily cash withdrawal limit for transactions is Rs. 1 lakh. While the daily cash withdrawal limit for Canara Bank Debit Card - Platinum/Select is Rs. 50,000 and the daily purchase transaction limit is Rs. 2 lakhs.
Canara Bank has recently informed stock exchanges that “Pursuant to Regulation 29(1), 50 and other applicable provisions of SEBI (LODR) Regulations, 2015, Notice is hereby given to Stock Exchanges that the Board Meeting of the Bank is scheduled to be held on Monday, the 23rd January 2023 at its Head Office, Bengaluru, interalia, to consider and approve the Unaudited (Reviewed) Standalone and Consolidated Financial Results of the Bank for the Third Quarter / Nine Months ended 31.12.2022."
