: Canara Bank waives service charge till June 30 #FinanceIndia #StockMarketNEWS Canara Bank waives service charge till June 30 New Delhi, March 25 (KNN) As part of the relief measure amid Coronavirus

@StockMarketNEWS Wed 01 Apr, 2020

Posted in: #FinanceIndia #StockMarketNEWS

Canara Bank waives service charge till June 30 #FinanceIndia #StockMarketNEWS
Canara Bank waives service charge till June 30 New Delhi, March 25 (KNN) As part of the relief measure amid Coronavirus (COVID 19) situation, Canara Bank has decided to waive service charges levied on various services of the bank.

The implementation of the same will be in force till June 30th.

The bank has decided to implement the following with immediate effect: Full waiver of the Service Charges for Non-Maintenance of Minimum Balance in Saving Bank Accounts, Full waiver of Service Charges for any number of withdrawal from other Bank’s ATMs and Waiver of Service Charges in respect of Digital Transactions under TReDS.

The Bank expects these measures will help in improving some respite to customers in the current scenario.

Notably, earlier, most of the banks have suspended non-essential banking services because of the rising novel coronavirus (COVID-19) cases in India.

Banking services like passbook updates, counter cheque collections have been restricted as the banks promote social distancing. Many banks have also requested users to avoid visits to branches and go digital with mobile banking, internet banking, UPI/QR payments.

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