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NRI Terms & Conditions :
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- The accounts are opened and maintained at the branches of Canara Bank in India and
NOT at Canara Bank in the UK.
- These deposits are the liabilities of Canara Bank in India and are not a liability
of any branch outside India.
- These deposits are NOT covered by any of the European Deposit Protection Scheme
or the Financial Services Compensation Scheme.
- The depositor has to assess the tax liability, if any, in the U.K. for the amount
of interest earned on these deposits in India.
- These deposits are governed by regulations issued by the Reserve Bank of India from
time to time.
- The deposits are payable only at the branch in India where the account is opened.
- The Bank reserves the right to accept or reject any application without assigning
any reason.
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