Services | Features | |
Eligibility | All Resident individuals in the age group 18-28 years | |
Minimum balance requirement | Nil (If course not availed from Coursera) | |
QAB Rs. 5000/- (If course availed from Coursera) | | |
SMS Alerts | Free | |
Debit card | Rupay Platinum Millennial Card | |
Mobile Banking/Internet Banking | Available | |
NEFT/RTGS/IMPS/UPI/DD | Available | |
Debit Card Issuance charge | Nil | |
AMC of Debit Card | Nil until the age of 28 | |
Cheque book | 25 leaves free per annum free | |
Personal Accident Insurance | Self | Rs. 6 lakhs (card based* + Cancare policy) |
Spouse | Rs. 2 lakhs (Cancare Policy) | |
Air Accident Insurance | Self | Rs.8 Lakhs (Cancare Policy) |
Spouse | Rs.4 Lakhs (Cancare Policy) | |
Baggage Insurance | Rs. 25,000/- (Cancare Policy) | |
Purchase Protection Cover | Rs. 25,000/- (Cancare Policy) | |
Non-Maintenance of QAB charges | Nil (If course not availed from Coursera) | |
Up to Rs. 250/- (If course availed from Coursera) | | |
Free certificate course from Coursera | Maximum of two courses subject to terms and conditions | |
ROI concession for Education Loan | Additional 0.50% concession over and above the existing ROI if any, for fresh education loan for customers Rs. 5000/- QAB. (Education loan sanctioned on or after opening of Canara Aspire account will be eligible for ROI concession) | |
Account Portability | From | From all accounts |
To |
- Anytime to Premium Payroll Accounts after opening of Account
- To all other accounts after 1 year of opening the account
| |
Other conditions |
- Only one account per customer can be opened
- Joint accounts are not allowed
| |
Mode of Account Opening | CPH, Tab Banking, Online Account Opening through VCIP, Aadhar based A/c opening, Diya, KIOSK and through any other digital channels | |
Free ATM card access in our branch ATM per month | 5 Transactions (Financial + Non-Financial) | |
Free ATM card access in other bank ATM per month | 3 at metro and 5 at other centres | |
ATM Cash Withdrawal Limit | Rs.1,00,000/- | |
POS Limit | Rs.5,00,000/- | |
Account closure charges
(From 14 days till one year) | Rs. 500/- + GST (If course not availed from Coursera) | |
| Rs. 1000/- + GST (If course availed from Coursera) | |