how to generate transaction password in Canara bank
how to generate transaction password in Canara bank

This article is for you if you’re a Canara Bank client who forgot their transaction password and is looking for instructions on how to get it back.

You can find all the detailed instructions for setting the Canara Bank online banking transaction password in this post. However, before beginning the process to change the Canara Bank transaction password, make sure you understand what a transaction password is. To prevent any errors during the Canara Bank transaction password reset, double-check the prerequisites for activation of the transaction password and the type of the transaction password.

Canara Bank Net Banking  

Canara Bank Net Banking

Customers of Canara Bank have access to a variety of online banking services through the bank, including the ability to transfer money, request services, and create new Term Deposit accounts.

Customers can use Net-Banking to conduct transactions and view their account activity from the comfort of their home or place of business. Customers of Canara Bank can use the all-inclusive Canara BillPay service to pay any form of bill.

Transaction Cap for Internet Banking at Canara Bank

Transaction TypeTransfer Limit
RTGSMinimum amount that must be sent – Rs.2 lakhs
NEFTThere is no maximum or minimum value.

Canara Bank Online Banking Benefits

Canara Bank Online Banking

You may conduct financial transactions 24 hours a day from the convenience of your home or place of business with Canara Bank Net-Banking. This means that you are free from the anxiety of waiting in line at the bank or of services not being accessible on holidays or weekends.

Transfer of Funds

Beneficiary MaintenanceView the beneficiaries you’ve added, transfer money to newly added beneficiaries, edit the information already provided about an existing beneficiary, or remove a benefactor from of the table of beneficiaries.
Funds Transfer to Own AccountTransfer money from a different account you have with a different bank to your savings account at Canara Bank.
Funds Transfer to Third PartyYou may. You have the option of sending money to an account maintained with a different bank in addition to some other Canara Bank account.

Make inquiries online

Status of a cheque inquiryLook up the status of any checks you’ve written.
This option allows you to see the current status of a chequebook that the bank has given to you after you requested one from them.Find out the interest rate that applies to the bank’s lending programs and deposit options.
Rates of Interest InquiryFind out the interest rate that applies to the bank’s lending programs and deposit options.
Forex Rates InquiryYou may quickly determine the notional rates of a few selected foreign currencies using this option. You won’t get the most recent market rates with this selection.

Paying Bills

Utilize the online banking bill payment feature offered by Canara Bank to pay your utilities and other payments effortlessly. Pay for amenities like telephone, electricity, cable, or internet providers, insurance premiums, travel arrangements, loan repayments, online tax payments, contributions or charitable contributions, mutual funds, credit card bills, online shopping, tuition costs, movie tickets, etc.

Requests for services

You can submit several service requests via Net-Banking, including ad-hoc statement inquiries, demand draught requests, checkbook requests, and stop-check requests.

MailboxWith the help of this option, you may contact with the bank’s managers by writing new emails, sending emails to them, and receiving emails from them. You can also examine any emails you may have previously written with the intention of sending them later.
Register for AlertsWith the help of this option, you may contact the bank’s managers by writing new emails, sending emails to them, and receiving emails from them. You can also examine any emails you may have previously written with the intention of sending them later.
Update ProfileYour Net-Banking profile’s information is simple to change. Name, address, city, state, country, phone number, email address, nickname, birthdate, etc. Please get in touch with the bank office if you need to change your registration address.
Change PasswordYou may sign up to get notifications using this option regarding every transaction or activity that occurs from any of your Net-Banking connected accounts.
Activity LogReviewing your transactions activity history for the current session as well as for the previous three sessions is another helpful service that can be performed via Net-Banking. The Activities Log will provide information about previous logins, including the time, date, activity information, total number of accesses to the account, and logout date.

Canara Bank Transaction Password: What is it?

Canara Bank Transaction Password

Canara Bank advises its customers to create the transaction password using the Net banking technique to add an extra degree of protection to online financial transfers. A second password is used when starting a transaction using net banking, and it is known as a transaction password. While confirming the transaction’s legitimacy, this password also guards against fraud.

Conditions to Create a Transaction Password at Canara Bank

Create a Transaction Password at Canara Bank
  1. Username and password for Canara Bank’s online banking
  2. Details of the Canara Bank debit card.
  3. The mobile number associated with the Canara bank account

Example of a Transaction Password for Canara Bank

Before creating a transaction password for Canara Bank, you should keep a few things in mind. These are the points:-

  • Canara Transaction Password should be between eight and twelve characters.
  • a, b, c, and other lowercase letters, among others, must be present.
  • It must include at least one alphabet in upper cases, such as A, B, C, etc.
  • In Canara Bank, a transaction password must have at least one number character (such as 1, 2, 3, etc.).
  • There needs to be at least one unique character in it. The following are valid characters: @ $. *%? # = & + – ()!
  • There might be three characters after it.
  • It could occur three times.

Password for Transaction Change, Reset, and Unlock in Canara Bank Internet Banking

  1. Visit Canara Bank’s Net Banking Login Page.
  2. Put in your Canara Bank login Name and net banking password to get started. Note that the  Bank Customer ID is distinct from the Canara Bank User ID.
  3. After that, pick your desired language and enter the captcha code.
  4. Now select SIGN IN from the menu.
  5. Fill in the relevant information in the designated fields like
  • 16-digit number on an ATM card.
  • ATM PIN Code (4 Digit).
  • The date on which the Card Expires.
  1. This function will be deactivated for 24 hours if you enter incorrect data 3 times in a row. The drop-down menu will appear; select “Submit.”
  2. Click “Submit” after twice-through OTP verification.
  3. You’ll be sent to a different screen where you must once more reset your transaction password.
  4. You must enter your new transactions passcode twice here before pressing the “Submit” button.

Finally, following the procedures explained above, you have completely reset or regenerated your transaction password.

See Also: How To Find Central Bank Of India CIF Number


That’s all about the bank and its online banking features and resetting of password, if you follow this procedure you will be surely guided as well as help you with what you have been asking.

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