Canara Bank Increases Debit Card Annual Fees

Canara Bank increases debit card service charges with effect from Feb 13, 2023 – The public sector Canara Bank has increased the Annual Fees & service charges on various card types. The bank has notified it through their website, as per the official notification of the bank, the new service charges will go into effect on 13.02.2023. The bank has hiked service charges on the yearly annual fee, replacement of debit cards, debit card inactivity fee and charges for SMS alerts. Know – How to apply for Canara Bank Debit Card Online ?

“The service charges mentioned above are exclusive of taxes. Applicable taxes will be collected extra. The revised service charges will come into effect from 13.02.2023,” bank statement about Canara Bank Debit Card Annual Fees.

Canara Bank debit card SMS alert charges

Canara Bank will now impose SMS alert charges on actuals basis from ₹15 per quarter imposed before.

Canara Bank Debit Card Transactions Limit

Standard/Classic, the daily cash withdrawal limit at ATMs is Rs. 40,000, while the daily cash withdrawal limit for transactions is Rs. 1 lakh. While the daily cash withdrawal limit for Canara Bank Debit Card – Platinum/Select is Rs. 50,000 and the daily purchase transaction limit is Rs. 2 lakhs.

Official Notification – Here