HO CIRCULAR –OCTOBER 2013
513/2013
Central Sector Scheme of Ministry of Food Processing Industries for Technology
Upgradation / Establishment / Modernization of Food Processing Industries Submission of requisite documents for release of grant
514/2013
Revised and Updated guidelines on Credit Guarantee Fund Scheme for Micro &
Small Enterprises (CGMSE) issued
515/2013
Loan Protection scheme offered by Canara HSBC – Cover for eligible HL and
Canara LAP Loans – Introduction of new Group secure scheme with regular pay
feature
516/2013
Reiteration of guidelines in respect of - additional interest on term deposits and
concessions/facilities/financial assistance extended to Senior Citizens
517/2013
Implementation of Single Window System for disbursement of pension to
Railway pensioners through Public Sector Banks – Details of scheme of payment
of pension -
519/2013
Modification in Guidelines of Loan Scheme for Financing Road Transport
Operators under Tie up Arrangement with M/s Ashok Leyland Ltd
520/2013
Non Credit / Delayed Credit of Transfer of Funds under RTGS – Interest @
REPO rate to the beneficiary and REPO + 2% to the sender bank
521/2013
Corporate Agency Tie-up with M/S Apollo Munich Health Insurance Co. Ltd.
(AMHI) for selling their Health Insurance productsLaunch of Group Health
Insurance product „Easy Health‟ exclusively for the customers of the Bank
522/2013
Delegation of powers for Foreign Inward Guarantees
523/2013
Settlement of death claims – Application forms available in our website
www.canarabank.com under download centre
524/2013
Term Loan Scheme For Implementation Of Energy Efficient Technologies For
Micro, Small And Medium Enterprises (MSMEs) As Per Activity No.2 Of The
Scheme Of “Technology And Quality Upgradation Support (TEQUP)
525/2013
Discontinuing further use of Savings Bank Account Product Code 105 - Canara
Flexi – Sweep in and Sweep out is available for all CASA products through
CHM32 / CHM39 options
526/2013
1. Extension of validity period from 3 years to 10 years for Non Personalized
Debit cards
2. Increasing daily cash Withdrawal limit for Platinum Debit Card from Rs. 25000
to Rs.50000
3. Increase in daily purchase transaction limit at POS EDC terminals from
Rs.20,000 to Rs. 50,000 for Standard Debit Card
527/2013
Receipt issued towards Safe Custody Article should not certify contents/value and
no financial commitment to be made against the same
528/2013
MOU of our Bank with Mahindra Trucks and Buses Limited – Providing finance
to our customers for purchase of vehicles of MTBL – MOU valid upto 11.10.2014
529/2013
MOU of our Bank with Volvo Eicher Commercial Vehicle Limited – Providing
finance to our customers for purchase of vehicles of VECV Ltd – MOU valid upto
11.10.2015
530/2013
MOU of our Bank with Mahindra Trucks and Buses Limited – Providing finance
to our customers for purchase of vehicles of MTBL – MOU valid upto 11.10.2015
531/2013
MOU of our Bank with TATA Motors Limited – Providing finance to our
customers for purchase of vehicles of Tata Motors Ltd – MOU valid upto
11.10.2015
532/2013
Transporters’ Month to be observed from 15th Oct to 14th Nov 2013 to ensure
substantial increase in credit flow to transport sector. Transporters’ Meet to be
conducted by all branches
533/2013
Canara Kisan Sampark Abhiyan – Launching of Farmers Mass contact Campaign
– 21st Oct to 31st Dec – Meeting all eligible farmers in the service area
Sanctioning of Credit card limits – Clarifications Credit Card Limit Sanction
falling under CO powers to be handled by Card Service Center(CSC) or MIPD
Section of respective Circle in the absence of CSC
 Revision / Enhancement / Reduction to be handled by respective sanctioning authorities
 CIBIL Report to be obtained, for sanction of Credit Card Limit for Rs.1.00 lakh and
above.

of Sanction / enhancement / Office Note as per Annexure I is to be used.
534/2013
535/2013
FCR NEFT – Data purging once in a month in FCR – But Business object report
is available 110023 and 110024
536/2013
National Electronic Funds Transfer (NEFT) Outward Batch Cut Off timing – 15
minutes cut off time every hourly batch implemented in CBS
537/2013
Financial Bench mark Parameters viz, DSCR, Return on Capital employed,
Internal Rate of Return, Gross Profit margin and pricing in case of restructuring of
MSME Advances relaxed
538/2013
Vendors / Consultants / Work order Assignees / Panel Advocates / valuers / Advt
agencies / CSR beneficiaries etc, their bill payment should be routed through their
account with us – Helps us in increasing our clientele base
539/2013
Creation of separate General charges head for absorption of CGTMSE Annual
guarantee fee and service tax applicable to Canara Pragati Scheme Introduction of
Annual Review format for the borrowal account under Canara Pragati and Canara
Unnati
540/2013
Godown inspection – Reiteration of existing guidelines like Surprise verification /
periodicity / control mechanism / reporting of irregularities / adverse features etc
541/2013
Introduction of Web based package for EWIRM – Intergrated Risk Management
542/2013
* Mandatory updation of fields in BAM 83 / BA020 / CIM09 before disbursement
of loans.
• These fields are mandatory for accounts which are opened through ALPS,
LN057, before creation or modification of limits in CHM07
543/2013
Solar pumpset for irrigation
- Loan will be granted for installation of solar water pumping system.
- A loan up to 75% for various solar pumpset components after approval from
MNRE
544/2013
Kisan All-purpose term loan – New agriculture credit product - A term loan with
an upper cap of Rs.20 lakhs, for any farm investment /development purposes Repayable with in 9 years, irrespective of individual investment/development sub
component
545/2013
Term Loan for Agricultural purposes against Gold Jewellery – New agriculture
credit product – Without mortgage of Land – Upto Rs.3 lacs
546/2013
Customers’ Fortnight from 16.11.2013 to 30.11.2013
547/2013
Fictitious offers of cheap funds from abroad- adherence to KYC/AML Guidelines
in opening/monitoring of transactions in accounts – Reiteration of existing
guidelines..
548/2013
Branches are required to Screen customer names with UN List of terrorist
individuals/ entities provided in the Cannet before creation of new customer
Id/opening of accounts.
549/2013
* Cash withdrawal limit to Canara Credit Card issued to NRE customers
increased to Rs.50000/- subject to 50% of credit card limit – ATM facility
extended to Main card NRE customer
550/2013
OD for financial assistance to cold storage units for on-lending to patato farmers –
In select states
551/2013
Kamadhenu Dairy Loan Scheme – Area specific scheme – New product under
Agriculture – Pilot Dist Kolar
552/2013
New Product - Housing Loan scheme for Agriculturists
553/2013
RBI has decided to phase out Pre 2005 series higher denomination banks notes –
such notes will continue to be legal tender but phased out from circulation in
smooth manner without inconvenience to customers
554/2013
Approved Transport Operators – Additions / deletions / modifications during July
to Aug 2013
555/2013
Importance of quoting correct PAN number in CBS / e-TDS returns – Online
verification of PAN in Traces – Rectification in CBS before 15th Nov
556/2013
Continuation of Retail Lending festival till 31.12.2013
557/2013
Observing November 2013 as DRI Month - Need to extend DRI Loans through
Campaign Mode
558/2013
Coverage under ECGC Whole Turnover Preshipment / Post shipment Policies of
ECGC
559/2013
Direct liquidation of BAR in FCR by responding branch.
Printing and despatch of physical BAR dispensed with.
Complete details to be mentioned in BAR itself.
Scrolls/Annexures to be submitted in hard copy/email.
IBA to be issued only if reaslied amount differs from BAR amount
560/2013
Hotlisting of ATM cum debit cards through SMS – MSG to be sent to 5607060 CAN <space> HOTLISTDC <space> CARD NUMBER (16 digits
562/2013
Digital certificate issued for the second time at the request of the employees will
be charged at Rs.1500/- plus service tax
563/2013
New policy on elimination of non credit items.
Delegation of powers for write off/write back revised.
Entries to be reported in incident reporting package.
565/2013
Waiver of obtention of Eligibility Certificate issued by Medical Council of India
for pursuing Medical Course in a foreign country
566/2013
New campaign “Mission 60” launched – Micro Enterprises credit to reach 50% by
Dec 2013 and 60% by March 2014 – Every Friday to be MSE pragati day
567/2013
Doorstep Banking scheme - Cash pick up / delivery –
 Minimum amount – Rs. 1 lac & Maximum: Rs. 25 lacs per day.
 For all KYC complied Customers.
 Maintenance of average balance of Rs. 2 lacs.
 Service extended through Service Provider.
 In the first phase, scheme is launched in Bangalore,Chennai, Hyderabad,Mumbai,
Kolkata and Delhi.
568/2013
Re-iteration of guidelines pertaining to ::
 Automatic renewal of NRE Term Deposits.
 Renewal of overdue NRE Term Deposits.
 Premature closure / Extension of period of NRE Term Deposits.
569/2013
Reiteration Of Guidelines With Regard To Cersai Fees
FOREX CIRCULAR – SEP 2013
FX 113/2013
All in cost ceiling of 350 basis points over 6 months libor to continue upto
31 03 2014.
cycle and trade transaction.
FX 114/2013
The existing all in cost ceiling for external commercial borrowings will
continue to be applicable till 31 03 2014 subject to review by RBI
thereafter
FX 115/2013
RBI has clarification that ECB is allowed for all subsequent stages of
acquisition of shares in the disinvestment process under the government’s
Disinvestment programme of the PSU shares
FX 116/2013
RBI discontinued the facility of refinancing the existing ECB by raising
fresh ECB at a higher all-in-cost w.e.f 01.10.2013.
FX 117/2013
Introduction of fortnightly statement on details of remittances made by
NRIS/PIOS and foreign nationals out of the NRO accounts
FX 118/2013
Eligibility under ACU mechanism is restricted only to remittances related
to exports and imports of goods and services
FX 119/2013
List of the caution listed exporters updated by reserve bank of INDIA as
on 30.06.2013.
FX 120/2013
Revision in interest rates on FCNR (b) deposits/RFC deposits w.e.f.
01.11.2013