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Canara Bank

Canara Bank is one of the major commercial banks of India. Established in 1906, it is also one among the oldest banks in the country. As on December 2009, Canara Bank had a large network of about 2861 bank branches located in diverse parts of the country. The bank is headquartered in Bangalore and it also has a number of international locations in various centers including London, Shanghai, Moscow, Hong Kong, Doha and Dubai. With overall business of around Rs. 2 trillion, Canara Bank is one of India's largest nationalized commercial banks. The branches of the bank are located in most of the urban cities including Delhi, Mumbai, Chennai, Hyderabad, Kolkata, Bangalore, Pune and Ahmedabad.

Canara Bank History

Sri. Ammembai Subba Rao Pai, a philanthropist, founded the bank in 1906 under the name of Canara Bank Hindu Permanent Fund. The bank became a limited company in 1910 and then its name was changed into Canara Bank after nationalization in 1969. During 1958, Canara Bank acquired G. Raghumathmul Bank in Hyderabad under the orders of Reserve Bank of India. On 19th July 1969, Canara Bank was nationalized with 13 other commercial banks by the Government of India. The bank acquired Lakshmi Commercial Bank and establishes a subsidiary in Hong Kong in 1985. Later in 2008-09, the bank established its third foreign branch in Shanghai.

Canara Bank Products and Services

Banking products and services offered by Canara Bank are wide ranging. A huge variety of personal, corporate and NRI banking services and products are made available by the bank. The followings are some of the banking products and financial services offered under different sections.

Personal Banking
  • Savings and deposits
  • Savings bank account
  • Current account
  • Recurring deposits
  • Fixed deposit
  • Housing loan
  • Home improvement loan
  • Teachers loan
  • Education loan
  • Car loan
  • Two wheeler loan
  • Loan against property
  • Personal loan
  • Debit card
  • Credit card
  • General insurance
  • Life insurance
  • Demat account
  • CANARA ROBECO Mutual Fund Products
  • Foreign exchange
Corporate Banking
  • Accounts and deposits
  • Current deposits
  • Fixed deposits
  • Cash management services
  • Loans and advances
  • Working capital finance
  • Term loans
  • Export finance
  • Infrastructure financing
  • Syndication services
  • IPO monitoring activity
  • Merchant banking services
  • TUF Schemes
  • Canara e-Tax
NRI Banking
  • Non resident external rupee account
  • Non resident ordinary account
  • Resident foreign currency
  • Housing loan
  • CanMobile
  • CanJewel
  • CanMorgageLoans against deposits
  • CanBank remitmoney scheme
  • Electronic funds transfer
  • Rupee drawing arrangement
  • Attorneyship services
  • Safe custody
  • Safe deposit lockers
  • Nomination facility
  • NRI service centers
  • Investments
  • Facilities for returning Indians

Canara Bank Recruitment

The bank organizes recruitment exams to fill up the job openings and vacancies with the bank. Canara Bank jobs and careers are considered as top options by most of the job seekers in the Indian job market. At present, the bank invites applications from Indian citizens for appointment in the posts of probationary officers and probationary clerks. Eligible candidates are required to apply online for PO recruitment 2010, and no other means of application will be entertained. The total vacancies are 500 seats for probationary officers and 1000 for probationary clerks.

Canara Bank Internet Banking

The bank also brings a number of online banking facilities with the help of its interactive website. By registering for Canara Bank internet banking services you can enjoy a number of online facilities that include accounts summary, funds transfer, account details, online bill payments, online enquiries, standing instructions, online requests and a number of hassle free services. On the other hand, the bank offers several tools such as ATM locator, branch locator, home loan calculator and emi calculator to assist the customers of the bank in getting the best available services. Branch locator can help the customers in finding the branch locations, branch code, ifsc code, swift code, working hours and phone numbers of several bank branches.

Canara Bank Customer Care

To find more comprehensive details on account opening process, mobile banking application or to make queries and complaints, contact the customer care centers of the bank by calling at their contact numbers. The grievance cell of the bank will do everything to solve the grievances of the customers.

Canara Bank Head Office
112, JC Road, Bangalore - 560002
Phone - 22221581/582/0490/ 0491/1788/1789/ 1790/

Toll free number: 1800 425 0018
Canara Bank is one of the reliable banking firms offering a number of services and products to the customers in India. Log on to the bank website to find the best of details.



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