Canara Bank Fixed Deposit Interest Rates

4/14/2022by admin
Canara Bank Fixed Deposit Interest Rates Average ratng: 5,5/10 6713 reviews

About Canara Bank Fixed Deposit. Fixed Deposit is the ideal way to invest for a longer period of time and earn solid interest. It’s easy liquidity and high rates of return assure the safety of the depositor’s money. Schemes for Indians and NRIs - The bank offers a variety of fixed deposit schemes for domestic and NRI customers across multiple tenures ranging from seven days to 10 years. Existing Canara Bank fixed deposit interest rates range from 3% to 5.30%. Canara Bank charges a small penalty for premature withdrawal of fixed deposits. Penalty is expressed as a reduction on rate of interest for the period during which the deposit amount remained with the bank. Canara Bank charges a penalty of 1.00% on all fixed deposits. Effective Annualized rate of return on Bank’s Re-investment Deposit Plan (Kamadhenu Deposit) is based on quarterly compounding of interest. Bank Offers 5.50% p.a. For Canara Tax Saver Deposit scheme (General Public). Maximum deposit acceptable is Rs 1.50 Lakh. The above Rate of interest is applicable to Recurring deposits also. 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.

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.

Canara Bank Fd

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

Canara

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

Canara Bank Nre Deposit Rates

Bank

Canara Bank Fixed Deposit Interest Rates Wells Fargo

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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Call Canara Bank Toll Free Number – 1800 425 0018

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