Canara Bank in UK

Canara Bank has maintained a presence in the UK since 1983 through its London branch. The London office has been serving for over 40 years now for both individual customers,corporations, and the Indian diaspora. They offer a range of personal, corporate, remittance and deposit services. Non-Resident Indians (NRIs) who wish to keep an account in India may benefit from having Canara Bank in the UK.

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Canara Bank London Branch

Personal banking, corporate banking, remittance services, and NRI banking queries can be addressed at the London Branch by customers located in London or travelling from other parts of the United Kingdom.

Office Address 10 Chiswell Street, London EC1Y 4UQ
Working Hours Monday to Friday: 9:00 AM to 4:30 PM. Saturday and Sunday: Closed
Reception +44 207 628 2187
Deposits / Remittance 0207 448 4792 (Direct) / +44 7436 706428 (Mobile)
Email london@canarabank.com
SWIFT Code CNRBGB2L

Canara Bank NRI Services

NRIs who are residing in the UK can approach the London branch and get information on NRI banking products. Canara branch provides information and facilitates India's NRI banking products and remittance-related services. As per the requirements, the branch will either assist directly or refer the customer to Canara Bank India.

  • Eligible customers may apply for an NRI account such as an NRE, NRO or FCNR (B) account at Canara Bank India. The London branch assists eligible customers with NRI account opening, documentation and coordination with Canara Bank India, where required.
  • Eligible customers can access various features based on the type of NRI account they hold, including repatriation facilities, competitive interest rates, and internet banking.
  • It is possible to transfer money to India via Canara Bank London services, such as SWIFT money transfer (TT), RTGS/NEFT to Indian banks, and other money remittance schemes offered by the branch.
  • Customers may also consult with the branch about financial products that will fit their banking requirements.
  • Customers planning their long-term finances may also explore suitable investment plans available in India, based on their financial goals and risk appetite.

Get detailed information about the NRI investment options in India and choose the ones that best suit you.

Conclusion

Canara Bank has been catering to the needs of corporate and retail clients for decades now. For help with remittances, NRI account documentation or other banking enquiries, the London branch can guide eligible customers through the process. In addition to that, you can avail the NRI account benefits. It gives interest on NRE deposits without any tax liabilities and easy transfer of money back to India.

Frequently Asked Questions

  • Can I open an NRI account with Canara Bank from the UK?

    Yes customers can open an NRI account with the help of correct documentation.
  • Does Canara Bank UK provide remittances?

    Yes Canara Bank provides remittance services like SWIFT, Western Union, and Ria Money Transfer and Rupee Drawing Arrangement.
  • Where can I find Canara Bank branches in the UK?

    Canara Bank has one branch in the UK, situated at 10 Chiswell Street, London EC1Y 4UQ.
  • What are the types of NRI accounts provided in Canara Bank?

    Canara Bank provides NRE, NRO & FCNR (B) accounts to NRI customers.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

*Past 10 Year annualised returns as on 01-09-2026
*All savings plans are provided by the insurer as per the IRDAI approved insurance plan. Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
^Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

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