Canara Bank Fixed Deposit Interest Rates
Canara Bank offers its deposit services to cater the long term financial goals of each segment of Customer base in India.The assortment of Fixed deposits are intended not only to meet the financial aspiration over a period of time, but also brings a greater sense of comfort at the time of sudden financial obligations especially for senior citizens and weaker section of society. Details About The Changes Made By Canara Bank: The Canara Bank will pay an interest rate of 5.20 percent for term deposits maturing from over one year to less than two years. The bank will offer 5.40 percent for FDs between two years and three years. The state-owned bank now will pay a 5.50 percent interest rate for 3 years to ten years of tenure. Canara Bank has revised its fixed deposit rates across various maturities for deposits which are less than 2 crore with effect from 9th August 2019. The bank is offering an interest rate from 5.00% to 6.50% for a period of 7 days to 10 years.
Canara Bank NRI Fixed Deposit Interest Rates, 2021. NRE FD Rates; Tenure: Fixed Deposit of less than Rs. 2 crore: 1 year: 5.20%: Above 1 year to less than 2 years: 5. Find Canara Bank NRE FD Interest Rates (as on 27 Feb 2021). The interest rates for below 1 crore and above 1 crore on fixed deposit depend on which category you fall under and your choice between different banks. Canara Bank offers NRO Fixed deposit interest rates to NRI customers from 1 year to 5 plus years.
Canara Bank Fixed Deposit Interest Rates
Canara Bank FD Rates: Check Latest updated Best FD Interest Rates, RD (Recurring Deposits) Interest Rates, Single Term Deposit Rates for General, NRI & Senior Citizens Online through Deal4loans.
Latest Updated Deposit rates News:
✓ Bank Offers 5.40 % p.a. for Canara Tax Saver Deposit scheme (General Public). Maximum deposit acceptable is Rs 1.50 Lakh.
✓ You Can Invest As low as Rs.1000/- Per Month
✓ Minimum 15 days (7-14 days – Only for single deposit of Rs.5 lakh and above), Maximum 120 months
✓ Additional interest rate of 0.50% uniformly across all maturities for Senior Citizens
✓ Loan Facility Available upto 90% of the deposit amount
Eligibility:
Individual, Joint (not more than 4), a Guardian on behalf of a minor, HUF, Partnership, a Company, Association or any other Institution
Canara Bank Fixed Deposit Interest Rates February 2021
| For Deposits less than Rs.2 Crore w.e.f. 08.02.2021 | ||
Term Deposits (All Maturities) | General Public | Senior Citizen |
| Rate of Interest (% p.a.) | Rate of Interest (% p.a.) | |
| 7 days to 45 days* | 2.95 | 2.95 |
| 46 days to 90 days | 3.90 | 3.90 |
| 91 days to 179 days | 4.00 | 4.00 |
| 180 days to less than 1 Year | 4.45 | 4.95 |
| 1 year only | 5.20 | 5.70 |
| Above 1 year to less than 2 years | 5.20 | 5.70 |
| 2 years & above to less than 3 years | 5.40 | 5.90 |
| 3 years & above to less than 5 years | 5.50 | 6.00 |
| 5 years & above to 10 Years | 5.50 | 6.00 |
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