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HomePersonal FinanceCanara Bank FD Interest Rate Changed: Canara Bank has revised FD interest...

Canara Bank FD Interest Rate Changed: Canara Bank has revised FD interest rates from January 17, know the new rates here

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Canara Bank New FD Rates: The bank offers 5.25% per annum. For Canara Tax Saver Deposit Scheme (General Public). The maximum allowable deposit is Rs 1.50 lakh. The rate of interest is also applicable on recurring deposits.


Canara Bank New FD Rates: Canara Bank has revised the interest rates on its fixed deposits with a maturity period of 7 days to 10 years for deposits below Rs 2 crore with effect from January 17, 2022. Effective on Fixed Deposits.

The bank offers 5.25% p.a. to Canara Tax Saver Deposit Scheme (General Public). The maximum allowable deposit is Rs 1.50 lakh. The rate of interest is applicable on recurring deposits as well.

Here are the new/revised interest rates on its Canara Bank Fixed Deposit.

5 years and above 10 years

The deposit will automatically get renewed from the date of maturity for the same period at the rate of interest prevailing on the date of maturity for the original tenure of the deposit. (Except Canara Unique Deposits, Canara Tax Saver Deposits, Capital Gains Accounts, Court Deposits, Non-KYC Compliant Fixed Deposits, Canara Samridhi Deposits (Closed from 01.10.2015), Canara Treasury and Pinnacle Deposits (Closed from 26.03.2020), non-refundable deposits etc.)

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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