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Canara Bank Fixed Deposit Rates: If you are a customer of 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 FD ranging from 7 days to 10 years. After revision, Canara Bank is offering 4% to 7.40% interest on FD to the general public and 4% to 7.90% to senior citizens.
New interest rates on Canara Bank FD
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 in 91 to 179 days and 6.15 percent interest rate on deposits maturing in 180 to 269 days. The bank is offering 6.25 per cent interest rate on FDs with tenure of 70 days and less than 1 year, 6.85 per cent on 1 year FDs, and 7.25 per cent on FD schemes that mature in 444 days.
FD rates for super senior citizens-
According to the website of Canara Bank, additional interest rate of 0.60 percent for super senior citizens (80 years and above) has been introduced only under Canara-444 scheme. It will be 7.85 percent for callable deposits and 8 percent for non-callable deposits.
Tag: bank FD, Canara Bank, FD rates, Fixed deposit
first published : December 2, 2024, 10:02 pm IST
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