Canara Bank Minimum Balance Removal: No Penalties on Savings Accounts from June 2025
Canara Bank Removes Minimum Balance Rule for All Savings Accounts Introduction In a significant move aimed at enhancing customer convenience and promoting financial inclusion, Canara Bank has announced the removal of the Average Monthly Balance (AMB) requirement across all its savings bank accounts, effective from June 1, 2025. This policy change applies to all types…