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 FDs for tenures ranging 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 per cent interest rate on FDs maturing between 7 to 45 days and 5.25 per cent interest rate on deposits maturing between 46 to 90 days. Canara Bank is offering 5.50 per cent interest rate on deposits maturing in 91 to 179 days and 6.15 per cent interest on deposits maturing in 180 to 269 days. The bank is offering 6.25 per cent interest rate on FDs of tenure less than 70 days and 1 year, while 1-year FDs will offer 6.85 per cent return, while FDs maturing in 444 days will offer 7.25 per cent 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.
Related Articles:-
WhatsApp will not work on this iPhone, your mobile is not included in the list
Mutual Fund SIP: You May Get More Than 85 Lakhs Rupees By Just Investing 5000, Check Calculation
