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Home FINANCE Highest Benefit for Senior Citizen: Big gift to senior citizens, will get...
  • FINANCE

Highest Benefit for Senior Citizen: Big gift to senior citizens, will get benefit of 2 lakhs, know how?

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Pravesh Maurya
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December 1, 2022
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    Senior Citizen Latest News: Many special facilities are given to senior citizens by the bank. Apart from high interest in Bank FD, the bank also gives many benefits to senior citizens. Today we will tell you about such a scheme in which you will get the benefit of Rs 2 lakh.

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    Senior citizens are given many special facilities by the bank. Apart from high interest in Bank FD, the bank also gives many benefits to senior citizens.

    Today we will tell you about a scheme in which you will get the benefit of Rs 2 lakh, but only senior citizens will get the benefit. Let us tell you which bank is providing this facility to the customers.

    Which bank is giving benefit?

    Canara Bank is giving a benefit of Rs 2 lakh to senior citizens. Customers get this benefit on special savings account. The facility of Jeevandhara saving account is provided by the bank. This account gives special facilities to senior citizens.

    Can be opened in zero balance

    According to the information received from the bank, only senior citizens living in India can open this account. The age of the account opener should be 60 years or more. You can also open this account with zero balance.

    This facility is available free of cost

    You are required to maintain an average annual balance amount of Rs.1700 per month on this account. The amount deposited in this account gets the benefit of interest at the rate of 2.9 percent every year. With this account, the account holder gets the facility of free debit card.

    How will you get the benefit of 2 lakhs?

    Canara Bank also provides loan facility to pension account holders. According to the bank’s website, under the Canara Pension product, you can take a loan up to 10 times the monthly pension or you can take a maximum loan of Rs 2 lakh. If any account holder also maintains a pension account, then he also gets accident insurance of Rs 2 lakh.

    These facilities are available free of cost

    Apart from this, if we talk about other free facilities, then many services including MS alerts, interbank mobile payment, net banking and two NEFT / RTGS per month are free. Apart from this, check book is also available free of cost.

     

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    • Bank FD
    • facility of Jeevandhara saving account
    • Highest Benefit for Senior Citizen
    • Senior Citizen Latest News
    • senior citizens
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      Previous articleRBI issues list ! RBI has released the list of bank holidays, bank will be closed for 13 days in December, see here state wise holiday list
      Next articleFixed Deposit Rate Change: These 2 banks have changed the interest rates of FD, know how much will be the benefit
      Pravesh Maurya
      Pravesh Maurya
      https://www.rightsofemployees.com/
      Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @rightsofemployeescom@gmail.com
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