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New Delhi: Public sector lender Canara Bank has introduced revision in its Fixed Deposit (FD) and Savings Interest charges for basic electorate and senior electorate.
The newest charges on FD is efficacious from 21 May 2025 whilst that on financial savings account is appropriate from 19 May 2025.
FD charges are appropriate for deposits not up to Rs 3 crore. Canara financial institution has made aid in its FD charges which now vary between 4-7 p.c for basic shoppers, and 4-7.50 p.c for senior electorate as in comparison to 4–7.25 p.c and 4–7.75 p.c for basic public and senior electorate respectively as on 10 April 10 2025.
Canara Bank’s FD rates of interest efficient 21 May 2025. Here are the most recent charges:
| Term Deposits (All Maturities) | General Public | Senior Citizen | General Public | Senior Citizen | ||||
|---|---|---|---|---|---|---|---|---|
| Rate of Interest (% p.a.) | Annualised Interest yield (% p.a.) ** | Rate of Interest (% p.a.) # | Annualised Interest yield (% p.a.) ** | Rate of Interest (% p.a.) | Annualised Interest yield (% p.a.) ** | Rate of Interest (% p.a.) # | Annualised Interest yield (% p.a.) ** | |
| 7 Days to 45 Days | 4.00 | 4.06% | 4.00 | 4.06% | NA | NA | NA | NA |
| 46 Days to 90 Days | 5.25 | 5.35% | 5.25 | 5.35% | 5.35 | 5.46% | 5.35 | 5.46% |
| 91 Days to 179 Days | 5.50 | 5.61% | 5.50 | 5.61% | 5.60 | 5.72% | 5.60 | 5.72% |
| 180 Days to 269 Days | 6.15 | 6.29% | 6.65 | 6.82% | 6.25 | 6.40% | 6.75 | 6.92% |
| 270 Days to not up to 1 Year | 6.25 | 6.40% | 6.75 | 6.92% | 6.35 | 6.50% | 6.85 | 7.03% |
| 1 Year Only | 6.85 | 7.03% | 7.35 | 7.56% | 7.00 | 7.19% | 7.50 | 7.71% |
| 444 Days | 7.00 | 7.19 | 7.50 | 7.71 | 7.10 | 7.29 | 7.60 | 7.82 |
| Above 1 Year to not up to 2 Years | 6.85 | 7.03% | 7.35 | 7.56% | 7.00 | 7.19% | 7.50 | 7.71% |
| 2 Years & above to not up to 3 Years | 6.90 | 7.08 | 7.40 | 7.61 | 7.00 | 7.19 | 7.50 | 7.71 |
| 3 Years & above to not up to 5 Years | 7.00 | 7.19 | 7.50 | 7.71 | NA | NA | NA | NA |
| 5 Years & above to 10 Years | 6.70 | 6.87% | 7.20 | 7.40% | NA | NA | NA | NA |
Canara Bank’s financial savings account rates of interest efficient 19 May 2025. Here are the most recent charges:
| S.No. | Slabs | ROI(%) |
|---|---|---|
| 1 | For remarkable Balance of not up to Rs. 50 Lakh | 2.70 |
| 2 | For remarkable Balance of Rs. 50 Lakh to not up to Rs 5 Cr | 2.75 |
| 3 | For remarkable Balance of Rs. 5 Cr to not up to Rs 10 Cr | 2.80 |
| 4 | For remarkable Balance of Rs. 10 Cr to not up to Rs 100 Cr | 3.05 |
| 5 | For remarkable Balance of Rs. 100 Cr to not up to Rs 200 Cr | 3.50 |
| 6 | For remarkable Balance of Rs. 200 Cr to not up to Rs 300 Cr | 3.10 |
| 7 | For remarkable Balance of Rs. 300 Cr to not up to Rs 500 Cr | 3.10 |
| 8 | For remarkable Balance of Rs. 500 Cr to not up to Rs 1000 Cr | 3.40 |
| 9 | For remarkable Balance of Rs. 1000 Cr & not up to Rs. 2000 Cr | 3.55 |
| 10 | For remarkable Balance of Rs. 2000 Cr & above | 4.00 |
Canara Bank Offers 6.70 p.c p.a. for Canara Tax Saver Deposit scheme (General Public). Maximum deposit applicable is Rs 1.50 Lakh. Additional interest rate 0.60% for Super Senior Citizen(80 years and above) is offered below Canara-444 product simplest i.e. 7.60% for callable deposits and 7.70% for non callable deposits. The above Rate of passion is appropriate to Recurring deposits additionally.
