Canara Bank FD Rates: After the revision, the public sector Canara Bank is offering 4% to 7.40% interest on FDs to the general public and 4% to 7.90% interest to senior citizens.
Canara Bank FD Rates: If you are a customer of the public sector Canara Bank, then this news is useful for you. Actually, Canara Bank has changed the interest rates on fixed deposits. These interest rates have been revised on FDs up to Rs 3 crore. According to the bank’s website, the new rates have come into effect from December 1, 2024.
Canara Bank is offering FDs from 7 days to 10 years. After the revision, Canara Bank is offering 4% to 7.40% interest on FDs to the general public and 4% to 7.90% interest to senior citizens.
New interest rates on Canara Bank FDs
Canara Bank is now offering 4 percent interest rate on FDs maturing between 7 to 45 days and 5.25 percent interest rate on deposits maturing between 46 to 90 days. Canara Bank is offering 5.50 percent interest rate on deposits maturing between 91 to 179 days and 6.15 percent interest on deposits maturing between 180 to 269 days. The bank is offering 6.25 percent interest rate on FDs with tenure of 70 days and less than 1 year, while 1 year FDs will offer 6.85 percent while FDs maturing in 444 days will offer 7.25 percent return.
FD rates for super senior citizens-
According to Canara Bank’s website, an additional interest rate of 0.60 per cent for super senior citizens (80 years and above) has been introduced only under Canara-444 scheme. It will be 7.85 per cent for callable deposits and 8 per cent for non-callable deposits.
