Bangalore: For its high net-worth individuals, Canara Bank has instigated two schemes, SB Gold savings bank account and Can-Permium current account.

The novel schemes provides a host of value added services including internet and mobile banking facility with free funds transfer, free anywhere banking facility, free debit and credit cards, telebanking and issue of demand drafts at less rates, and many others.

According to a Canara Bank statement, SB Gold scheme that was initially commenced in Bangalore last year has been passed to the bank’s customers allover the country.

To avail these facilities, the customers have to hold a normal monthly balance of Rs 1 lakh in their running accounts.

The customers would also enjoy the facility of ‘sweep in sweep out’; as a result of which the balances held beyond Rs one lakh would earn interest at rates applicative to depository terms. The schemes aim at retaining and adding to the Bank’s share of high net worth clientele.

The novel plans want to continue and increase the bank’s share of high net-worth clientele.