The banking solution Canara TruEdge from Canara Bank offers current and savings accounts through which institutions and individuals can obtain operational convenience and financial benefits. The Canara Bank TruEdge product serves educational institutions and trusts and societies through its zero initial deposit policy which enables new account openings without any upfront costs.
The Canara Bank TruEdge provides users with unlimited free NEFT, IMPS, and UPI transactions together with a flexible benefits system that offers waivers and concessions based on the Monthly Average Balance (MAB). The product provides Coursera course access at no cost to students and staff members from qualified institutions as its main distinctive benefit. The program provides dedicated relationship managers to offer personalized assistance for account management.
The Union Wellness Deposit from Union Bank of India presents a fixed deposit product that combines health insurance coverage with lifestyle benefits. The 375-day fixed deposit term provides a 6.75% interest rate while senior citizens get an additional 0.50% interest rate. The investment period for this product extends from ₹10 lakh to ₹3 crore. The scheme provides Super Top-up Health Insurance coverage of ₹5 lakh and RuPay Select Debit Card benefits for lifestyle rewards.
The deposit plan accepts applicants between 18 and 75 years old who can obtain standard domestic term deposit loans. The modern financial and wellness needs of customers find solutions through the innovative customer offerings of Canara Bank and Union Bank.
