Canara Bank has waived service charges for any number of withdrawal from other bank's ATMs up till June 30, 2020, in order to provide relief to its customers affected by lockdown in various parts of the country due to COVID-19.
The lender will not charge any penalty from its customers for non-maintenance of minimum balance in savings bank accounts. It has also waived off service charges for all digital transactions under TReDS.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.