Canara Aspire Savings Account
A youth-centric product for individuals aged 17 to 28 years, recognized as a "trendsetter" feature for offering complimentary Coursera certification courses (up to two depending on balance) and an additional 0.50% concession on education loan interest rates for both Inland and abroad studies, combined with Nil Debit Card Annual Maintenance Charges until the customer reaches age 28
General Eligibility
- Target Age Group 17 to 28 years
- Joint Accounts Not Allowed
- Initial Balance Nil
- Quarterly Avg. Balance ₹5,000 (If Coursera availed)
- Digital Banking Available
- SMS Alerts Free
Debit Card & Transactions
- Card Type Rupay Platinum Millennial
- Issuance Charge Nil
- Annual Fee (AMC) Nil until age 28
- Own Bank ATM 5 free / month
- Other Bank ATM 3-5 free / month
- Cheque Book 25 leaves free / year
Value-Added Benefits
- Free Coursera Course 1 Free Course (MAB ₹2,000)
- Additional Course 1 More Free Course (QAB > ₹25,000)
- Education Loan ROI 0.50% Concession
- Loan Applicability Inland & Abroad
Insurance Coverage
- Personal Accident (Self) ₹ 6 Lakhs
- Personal Accident (Spouse) ₹ 2 Lakhs
- Air Accident (Self) ₹ 8 Lakhs
- Air Accident (Spouse) ₹ 4 Lakhs
- Baggage Insurance ₹ 50,000
- Purchase Protection ₹ 50,000
Charges & Portability
- Non-Maintenance Fee NIL
- Port to Payroll A/c Anytime
- Port to Other A/c After 1 year
- Closure (No Course) ₹ 500 + GST
- Closure (With Course) ₹ 1,000 + GST
Minor Account Details
- Monthly Debit Limit Max ₹ 10,000
- Daily Withdrawal Limit Max ₹ 5,000