Canara Bank FD Rates 2024, Canara Bank FD Interest Rates 

Canara Bank FD Rates 2024, केनरा बैंक एफडी दरें, Canara Bank FD Interest Rates 2024, केनरा बैंक एफडी ब्याज दरें, Canara Bank Fixed Deposit Interest Rate 2024, केनरा बैंक सावधि जमा ब्याज दर, Details at https://canarabank.com.

Canara Bank is an Indian public sector bank based in Bangalore. Outside India Canara Bank also has offices in London, Dubai and New York, Canara Bank allows you to open a fixed deposit account with their customers, fixed deposit for tenures ranging from seven days to ten years.

Canara Bank FD Rates

Canara Bank has announced that the bank brings the power of financial security with its special deposit scheme Benefit from the bank’s high interest rate at 8% p.a., and your savings will grow steadily over 444 days.

An additional interest rate of 0.60% for super senior citizen (80 years and above) has been introduced under the Canara-444 product, according to a bank website announcement.

Canara Bank FD Interest Rates

Canara Bank has revised its fixed deposit interest rates on April 5, 2024, The interest rate on Canara Bank Fixed Deposits depends on whether the customer is a regular citizen, senior citizen or super senior citizen, The interest rate offered by Canara Bank on Fixed Deposits ranges between 4.00% p.a.

For general public the interest rate is 7.25% p.a. will be, but for senior citizens 7.75% p.a. will be, The interest rate on Canara Bank Tax Saving FDs is 6.70% p.a. For general public for a term of 5 years, The bank also offers various fixed deposit products like NRO, NRE, RFC and FCNR (B) Fixed Deposits for NRIs.

Canara Bank also accepts FCNR (B) Fixed Deposits and RFC Fixed Deposits from its customers in US Dollars (USD), British Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD) and Australian Dollar (AUD).

Canara Bank FD Interest Rates for General Citizens Less than Rs.2 crore

Maturity PeriodInterest Rate for General Citizens (p.a.)Interest Rate for Senior Citizens (p.a.)
7 Days to 45 Days4.00%4.00%
46 Days to 90 Days5.25%5.25%
91 Days to 179 Days5.50%5.50%
180 Days to 269 Days6.25%6.75%
270 Days to less than 1 Year6.50%7.00%
1 Year Only7.00%7.50%
444 Days7.25%7.75%
Above 1 Year to less than 2 Years6.90%7.40%
2 Years & above to less than 3 Years6.85%7.35%
3 Years & above to less than 5 Years6.80%7.30%
5 Years & above to 10 Years6.70%7.20%

Canara Bank Bulk Term Deposit Rates for Above Rs.2 crore

Maturity PeriodCallable – Interest Rate (p.a.)Non-Callable – Interest Rate (p.a.)
7 days to 45 days2.90%NA
46 days to 90 days3.10%3.15%
91 days to 179 days3.35%3.40%
180 days to 269 Days3.35%3.40%
270 days to less than 1 Year5.75%5.80%
1 year only6.00%6.15%
Above 1 year to less than 2 years6.00%6.25%
2 years & above to less than 3 years6.00%6.25%
3 years & above to less than 5 years6.00%6.25%
5 years & above to 10 Years3.40%3.65%

Canara Bank Tax Savings FD Rates for Less than Rs.2 crore

Maturity PeriodInterest Rate for General Citizens (p.a.)
5 years6.70%

Canara Bank NRE Fixed Deposit Rates for Less than Rs.2 crore

TenureInterest Rates (p.a.)
1 year only.7.00%
444 Days7.25%
Above 1 year to less than 2 years6.90%
2 years and above to less than 3 years6.85%
3 years and above to below 5 years6.80%
5 years and above to 10 years 6.70%

Canara Bank FCNR (B) Interest Rates

TenureUSDGBPEURCADAUD
1 year to less than 2 years5.254.251.504.303.50
2 years to less than 3 years4.253.001.504.103.25
3 years to less than 4 years4.003.001.503.853.25
4 years to less than 5 years4.003.001.503.503.25
5 years3.903.001.503.503.25

NOTE – Canara Bank fixed deposit rates are subject to change at the discretion of the bank, the information given here is only the current interest rates given by the bank, when you want to make a fixed deposit in Canara Bank you should visit the official website of the bank and confirm the fixed deposit rates at https://canarabank.com/User_page.aspx?othlink=9.

  1. What is the FD rate of Canara Bank?

    Canara Bank's fixed deposit interest rates range from 4.00% to 7.25% for regular citizens, depending on the term of the FD. Senior citizens receive an additional 0.50% interest rate on ordinary FD rates.

  2. Is premature withdrawal allowed in Canara Bank FD?

    Premature withdrawal is allowed in Canara Bank FD.

  3. What is Canara Bank FD scheme interest rate for 5 years?

    6.8% p.a interest rate for 5 years on Canara Bank FD scheme.

  4. What is Canara Bank FD minimum deposit amount?

    There is no maximum investment limit in Canara Bank FD, the minimum investment in Canara Bank FD is INR 1,000.