Canara bank fd interest rates

ELIGIBILITY Individual, Joint (not more than 4), a Guardian on behalf of a minor, HUF, Partnership, a Company, Association or any other Institution INVESTMENT Minimum - Rs.1000 Maximum - No ceiling PERIOD OF DEPOSIT Minimum 15 days (7-14 days – Only for single deposit of Rs.5 lakh and above) Maximum 120 months INTEREST RATE Depending upon the period of the deposit as prevailing from time to time. Visit our Deposits Interest rate Page PERIODICITY OF INTEREST PAYMENT Monthly (at discounted rates), Quarterly, Half-yearly or Annual intervals as per depositors choice SPECIAL RATE FOR SENIOR CITIZEN Additional interest rate of 0.50% will be paid for domestic term deposits (including RD and except for NRO, NRE and Capital Gains Deposit scheme) of less than Rs. 2 Cr and with tenor of 180 Days and above, over and above the rate offered for General public. The system will automatically enable preferential ROI of 0.50% to all existing eligible Domestic Term Deposits and RD Deposits from the date of Customer attaining Senior Citizen status w.e.f. 24.07.2018 In case of death of the Senior Citizen before the date of maturity, the deposit may be continued with the contracted interest rate only if there is no change to the other contracted terms. TDS ON INTEREST Applicable NOMINATION FACILITY Available LOAN FACILITY Available upto 90% of the deposit amount PENALTY FOR PREMATURE CLOSURE/ PART WITHDRAWAL / PREMATURE EXTENSION OF DEPOSIT: A penalty of 1.00% shall be levied for premature clos...

Canara Bank offers FD interest rates of 4.00-7.25% p.a. to the general public and 4.00-7.75% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on Canara Bank Tax Saving FDs is 6.70% p.a. to the general public for tenures of 5 years. The bank also offers various fixed deposit products for NRIs, such as NRO, NRE, RFC and FCNR (B) fixed deposits. Canara Bank accepts FCNR (B) fixed deposits and RFC fixed deposits in US Dollars (USD), British Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), and Australian Dollar (AUD). Canara Bank FD Interest Rates 2023 Canara Bank FD Rates for Domestic & NRO Deposits of less than Rs 2 crore w.e.f. 5 April 2023 FD Tenure Interest Rates (% p.a.) Regular Citizens Senior Citizens 7 days to 45 days* 4.00 4.00 46 days to 90 days 5.25 5.25 91 days to 179 days 5.50 5.50 180 days to 269 days 6.25 6.75 270 days to less than 1 year 6.50 7.00 1 year 7.00 7.50 444 days 7.25 7.75 Above 1 year to less than 2 years 6.90 7.40 2 years to less than 3 years 6.85 7.35 3 years to less than 5 years 6.80 7.30 5 years to 10 years 6.70 7.20 Notes: 1. *Rates applicable only for a single deposit of Rs.5 lakhs & above 2. Minimum tenure of the deposit is 15 days for deposits below Rs 5 lakhs 3. Additional senior citizen interest rates of 0.50% are applicable to only domestic deposits Calculate FD Return & Maturity Fixed Deposits Interest Rates for Domestic Deposits & NRO of Rs 2 crore to less than Rs 10 crore w.e.f. 5 April 2023 ...

DOMESTIC/NRO/NRE SAVINGS BANK DEPOSITS - W.E.F. 21.12.2022 S.No. Slabs ROI(%) 1 For outstanding Balance of less than Rs. 50 Lakh 2.90 2 For outstanding Balance of Rs. 50 Lakh to less than Rs 5 Cr 2.90 3 For outstanding Balance of Rs. 5 Cr to less than Rs 10 Cr 2.95 4 For outstanding Balance of Rs. 10 Cr to less than Rs 100 Cr 3.05 5 For outstanding Balance of Rs. 100 Cr to less than Rs 200 Cr 3.50 6 For outstanding Balance of Rs. 200 Cr to less than Rs 300 Cr 3.10 7 For outstanding Balance of Rs. 300 Cr to less than Rs 500 Cr 3.10 8 For outstanding Balance of Rs. 500 Cr to less than Rs 1000 Cr 3.40 9 For outstanding Balance of Rs. 1000 Cr & less than Rs. 2000 Cr 3.55 10 For outstanding Balance of Rs. 2000 Cr & above 4.00 2. TERM DEPOSITS Rate of Interest (%) p.a. For Deposits less than Rs.2 Crore w.e.f. 05.04.2023 A. Domestic Callable Non Callable (above Rs. 15 Lakh)$ 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% 5.30 5.41% 5.30 5.41% 91 Days to 179 Days 5.50 5.61% 5.50 5.61% 5.55 5.67% 5.55 5.67% 180 Days to 269 Days 6.25 6.40% 6.75 6.92% 6.30 6.45% 6.80 6.98% 270 Days to less than...

Now get maximum returns on your investment! Presenting Canara Bank Special Deposit Scheme that offers 7.50% inter… https://t.co/4a2Cu0TooD— Canara Bank (@canarabank) Canara bank has hiked interest rate on fixed deposits by up to 135 basis points on select tenors. After the revision, the bank will offer interest rates between 3.25% to 7% for tenure ranging from 7 days to 10 years for general citizens and 3.25% to 7.50% for senior citizens as a result of the modification. The bank increased the interest rate on terms of 180 to 269 days to 5.90 percent. For maturities ranging from 270 days to less than a year, Canara Bank increased the interest rate on fixed rate deposits from 4.65 percent to 6 percent. The bank increased the interest rate on a one-year to less than two years FDs to 6.50 percent. The bank increased the rate from 6% to 7% for the term duration of 666 days. After the increase, the bank will pay a 6.50 percent interest rate for terms ranging from 2 to 5 years. The bank will pay 7% interest for terms of 5 years or longer up to 10 years. Source: Canara bank website Note that additional interest of 0.50% for Senior Citizens is available for less than Rs. 2 Cr and with tenor of 180 Days and above. Penalty on premature withdrawal Prematurely closing, partially withdrawing, or extending Domestic/NRO term deposits of less than Rs. 2 crore that are accepted or renewed will result in a penalty of 1.00%. According to the Canara Bank website, ““For premature closure/part w...