The interest rates differ bank to bank and also on the maturity period (usually 1-3 years of term deposits offer higher interest rate). The interest is compounded Our Banking Bureau 15 November 2004. Bangalore: Canara Bank will increase interest rates on domestic term deposits by 25 basis points with effect from Fixed Deposit Rates in Canara Bank. Duration, Rate, Deposit Amount Rules, Additional Interest for Seniors. 7 days-14 days, 4.50%, Must be between Rs. 5 Canara EASY FEE ; NRI Banking; Priority Portal; MSME Banking; Net Banking ; About Us; Amalgamation; PMJDY & Financial Inclusions; INTEREST RATES INTEREST RATES DEPOSIT ACCOUNTS - RATES AT A QUICK GLANCE – as per RBI format Bank Offers 6.25 % p.a. and 6.25% p.a. for periods of 444 days and 555 days respectively under Canara Shikhar Deposit Scheme for General Public (For deposits below Rs. 2 Crore). Bank Offers 6.25 % p.a. for Canara Tax Saver Deposit scheme (General Public). Maximum deposit acceptable is Rs 1.50 Lakh. Canara Bank FD rates offer decent interest of interests to its investors for fixed deposits Interest rates. The section of Article throws light on the rate of interest on FD in Canara bank. Up to a year, the highest rate of interest is 6.90 %, yet for above annually, it’s 6.90 % and a little less than 6.90 % in a few cases. Canara Bank offers many fixed deposit schemes specially designed for its NRI customers. In these schemes, NRI customers can deposit money either in Indian currency or in foreign currency depending on their status and preference. The bank also offers different interest rates for NRI fixed deposits.
The highest Canara Bank FD interest rate is 6.25% for regular citizens and 6.75% for senior citizens. Canara Bank Revises Fixed Deposit Rates: 19 th August, 2019 Canara Bank has revised its fixed deposit rates across various maturities for deposits which are less than 2 crore with effect from 9th August 2019. Best viewed with Internet Explorer Ver IE 6.0 and higher or Google Chrome, Mozilla Firefox with a resolution of 1024*768. Please upgrade your browser. Fixed Deposit or FD is a good interest rate investment option. Canara Bank offers a Fixed Deposit Account with a high interest rate. Fixed Deposit can open for the duration of a minimum of 7 days and a maximum of ten years. Fixed Deposit gives you a high-interest rate on your deposit amount. The Deposit minimum amount is depending upon the bank. Canara Bank Deposits Interest Rates. The interest rate on the deposits is calculated monthly and is disbursed quarterly, half-yearly or annually as directed by the customer. The interest rate on fixed deposits is in the range of 5.50% to 6.90% depending on the tenure for which the deposit is made.
CANARA BANK FD Calculator: Calculate the interest earned and the amount of CANARA BANK Fixed Deposit you will accumulate using CANARA BANK FD Calculator on The Economic Times. Rate of Interest %. Please enter interest rate Canara Bank FD Calculator: Get details on Canara Bank FD rates on March 2020 by maturity period, deposit amount & fixed deposit interest rate with Canara Home > InterestRate. InterestRate. Domestic Deposits–Rates at a quick glance- as per RBI format · NRI Deposits · Loans & Advances-Rates at a quick glance-as 8 Sep 2015 Canara Bank Interest Rates on Deposits. For rate of interest on deposit below 2 crore. Term Deposits (All Maturities), General Public, Senior 12 Feb 2007 Canara Bank on Monday increased interest rates on term deposits by 0.25-0.50 per cent on various maturities with immediate effect. 8 Nov 2013 Taking cue from other lenders, state-run Canara Bank today hiked interest rates on fixed deposits by up to 0.50 per cent.
About Canara Bank Fixed Deposit. Fixed Deposit is the ideal way to invest for a longer period of time and earn solid interest. It’s easy liquidity and high rates of return assure the safety of the depositor’s money. Canara bank provides decent interest rates to its investors for fixed deposits. For a year the maximum interest rate is 7.00 percent but for over a year, it’s 6.70 and slightly lower than 6.20 in a few cases. If carefully observed, the interest rates are the same for over 5 years.
8 Nov 2013 Taking cue from other lenders, state-run Canara Bank today hiked interest rates on fixed deposits by up to 0.50 per cent. 1 Nov 2018 Canara Bank has announced a treat for its retail customers with increase in interest rate on fixed deposits for one year by 20 basis points (bps) 8 Nov 2013 Taking cue from other lenders, state-run Canara Bank has hiked interest rates on fixed deposits by up to 0.50 per cent.