If you want to do a fixed deposit in Canara Bank then you will get a fixed interest income from your fixed deposit. Fixed Deposit or FD is a traditional source of Savings or Investment for many people in India and it still attracts many people. here in this post, we are going to know about current FD rates provided by the Canara Bank to normal public and senior citizens of India.
Canara Bank FD Interest Rates 2023 (Below Rs. 2 Crore, w.e.f. 18/01/2023)
Period | General Public | Senior Citizen |
Rate of Interest (% p.a.) | Rate of Interest (% p.a.) # | |
7* Days to 45 Days | 3.25 | 3.25 |
46 Days to 90 Days | 4.5 | 4.5 |
91 Days to 179 Days | 4.5 | 4.5 |
180 Days to 269 Days | 5.5 | 6 |
270 Days to less than 1 Year | 5.5 | 6 |
1 Year only | 6.75 | 7.25 |
Above 1 Year to less than 2 Years | 6.8 | 7.3 |
400 DAYS | 7.15 | 7.65 |
666 Days | 7 | 7.5 |
2 Years & above to less than 3 Years | 6.8 | 7.3 |
3 Years & above to less than 5 Years | 6.5 | 7 |
5 Years & above to 10 Years. | 6.5 | 7 |
# Additional interest of 0.50% for Senior Citizens is available for Deposits (Other than NRO/NRE and CGA Deposits) less than Rs. 2 Cr and with a tenor of 180 Days and above.
Canara Bank Fixed Deposit Interest Rates 2023 (Above Rs. 2 Crore Below Rs. 10 Crore, w.e.f. 18/01/2023)
Period | Rate of Interest (% p.a.) |
7 days to 45 days | 2.9 |
46 days to 90 days | 3.1 |
91 days to 179 days | 3.35 |
180 days to 269 Days | 3.35 |
270 days to less than 1 Year | 5.75 |
1 year only | 6 |
Above 1 year to less than 2 years | 6 |
2 years & above to less than 3 years | 6 |
3 years & above to less than 5 years | 6 |
5 years & above to 10 Years | 3.4 |