Indian Bank Canara Bank:Review
66Canara bank is leading government bank of India it has over 2640 branches and approx 1900ATM. Canara Bank was founded by Shri Ammembal Subba Rao Pai, july 1906, at a small port in Mangalore, Karnataka. The growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach. Canara Bank got premier position emerging as the largest nationalized bank in India in terms of aggregate business volume for 2006-07.
Some good thing about CanaraBank Is
- Articulation of ‘Good Banking' - Bank's Citizen Charter
- Commissioning of Exclusive Mahila Banking Branch
- Launching of Exclusive Subsidiary for IT Consultancy
- First Bank in India to issue credit card for farmers
- First Bank in India to provide Agricultural Consultancy Services
Canara Bank has made a distinctive mark in various corporate social responsibilities, namely, serving national priorities, promoting rural development, enhancing rural self-employment through several training institutes, spearheading financial inclusion objective etc.
It has following products:
A. Personal Banking: In personal banking there are following products
1. Loans Products: In loan following kind of loan can be taken:
- o Housing, House improvement,CanCASH(Shares),CANMOBILE(Vehicle),Two wheller Loans, Can BUDGET(For employed),CanPension,Teachers Loan,Swarnaloan,CanRent,CanMORTGAGE, Can Travel,Can Tech,CanJewel,CanSiteloan,For online education Loan,Canra Jeevan,
2. Savings & Deposits
3. Technology Products
4. Mutual Funds
5. Insurance Business
6. International Services
7. Card Services
8. Consultancy Services
9. Depository Services
B. Corporate Banking:
o Accounts & Desposits
- o IPO Monitoring Activity
- o Cash Management Services
- o Merchant Banking Services
- o Loans & Advances
- o TUF Schemes
- o Syndication Services
C. NRI BANKING
Deposit Products
- Loans & Advances
- Remittance Facilities
- etc
D. PRIORITY CREDIT SECTION
- Agri-Consultancy
- Rural Development
- Social Banking
- Agri-Marketing
- SME Business
- SME Marketing
- CED for Women
Website: http://www.canarabank.com/
It has won following awards
- 'Best Public Sector Bank' in India
- "First National Award" for 2006-07.
- 'Employer Branding Awards 2007' Canara Bank was the first Public sector Bank to bag this award.
- 'Best Performing Bank' for the year 2005-06.
- Niryat Bandhu Gold Trophy
- ‘Golden Peacock National Training Award-2007' for excellence in Training.
- 'Golden Peacock Award for Corporate Social Responsibility for the year 2007' .
This bank has ability to give confident quality service to the customer and customer can trust this government bank.
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Apostille says:
8 months ago
Yes Canara Bank is very good.