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Canara BankFixed Deposit

2.95% - 5.50%
Interest rates
3 months - 10 years
Time Period
₹1000 - no limit
Min. - Max amount
QUARTERLY
Compounding

About Canara Bank

Canara Bank is a renowned name in the banking industry and also one of the largest Nationalised Banks in India. It was established at Mangalore in 1906 and has its headquarter in Bengaluru, Karnataka.

Canara Bank provides its customers with lots of fixed deposit options to choose from and to secure a part of their savings for a fixed tenure. A customer can deposit a fixed amount at the time of opening the account. Adding more money and withdrawing in between the ongoing tenure is not allowed. Canara Bank fixed deposits give higher returns as compared to its savings account. Canara Bank FD interest rates range from 2.95% – 5.50% with a tenure of 7 days to 10 years.

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Started On1906
Head QuartersBengaluru
CRISIL RatingNA
CEOLingam Venkat Prabhakar
Listed on exchange asCanara Bank
ICRA RatingNA

Latest Canara Bank Interest Rates

TenureRegular customersSenior citizens
7 days - 45 days
2.95%
2.95%
46 days - 60 days
3.90%
3.90%
61 days - 90 days
3.90%
3.90%
91 days - 120 days
4.00%
4.00%
121 days - 179 days
4.00%
4.00%
180 days - 364 days
4.45%
4.95%
1 year
5.20%
5.70%
1 year 1 day - 1 year 364 days
5.20%
5.70%
2 years - 2 years 364 days
5.40%
5.90%
3 years - 10 years
5.50%
6.00%

Features & Benefits of Canara Bank

  • The Canara Bank FD tenure ranges from 7 days to 10 years
  • Senior citizens get an additional interest rate of 0.50% p.a. over regular rates
  • The minimum deposit to open an FD account in Canara bank is Rs. 1000
  • Nomination facility is offered by the bank
  • Loan/overdraft facility of up to 90% of the deposit is available
  • Interest on deposit will be paid only on maturity
  • Canara bank provides various FD schemes like Canara Khazana Deposit and Canara Shikhar Deposit with attractive interest rates
  • Resident Indians, HUFS, private or public limited company, trust, and partnership firm

Types of Canara Bank Schemes

Regular Fixed Deposit Scheme
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Canara Tax Saver scheme
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Canara Bank Kamadhenu Deposit (Re-investment)
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Canara Bank Ashraya Deposit Scheme (for Senior Citizens)
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Term-wise interest rates

Short-term Deposits
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Medium-term Deposits
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Long-term Deposits
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Comparison of FD Rates

NameTenureInterest rate
AXIS Bank
3 months - 10 years
2.50% - 5.75%
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SBI Bank
3 Months - 10 Years
2.90% - 5.40%
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Equitas Bank
3 months - 10 years
3.50% - 6.50%
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Bajaj Finance
1 year - 5 years
5.65% - 6.50%
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HDFC Bank
3 months - 10 years
2.50% - 5.50%
More Details
ICICI Bank
3 months - 10 years
2.50% - 5.50%
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Bank of Baroda
3 months to 10 years
2.80% - 5.25%
More Details
Punjab National Bank
3 months - 10 years
3.00% - 5.25%
More Details
IDBI Bank
3 months - 20 years
2.70% - 4.80%
More Details
Indian Bank
3 months - 10 years
2.90% - 5.25%
More Details
UCO Bank
3 months - 10 years
2.75% - 5.00%
More Details
Yes Bank
3 months - 10 years
3.25% - 6.50%
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Bank of India
3 months - 10 years
2.85% - 5.15%
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Post Office
1 year - 5 years
5.50% - 6.70%
More Details
Union Bank of India
3 months - 10 years
3.00% - 5.60%
More Details
RBL Bank
3 months -20 years
3.25% - 6.00%
More Details
Indian Overseas Bank
3 months - 10 years
3.40% - 5.20%
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IDFC First Bank
3 months - 10 years
2.75% - 4.20%
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LIC
1 Year - 5 Years
5.25% -6.00%
More Details
Saraswat Bank
3 Months - 10 Years
3.10% - 6.35%
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City Union Bank
3 Months - 10 Years
3.00% - 5.25%
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Co-operative Banks
1 Year -5 Years
6.00% - 6.35%
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Bandhan Bank
3 months - 10 years
3.00% - 5.00%
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DBS Bank
3 months - 10 years
2.50% - 5.50%
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Citibank
3 months - 5 years
1.85% - 3.5%
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ICICI Home Finance
1 year - 10 years
5.70% - 6.65%
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Federal Bank
3 months - 10 years
2.5% - 5.6%
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AU Small Finance Bank
3 months - 10 years
3.5% - 6.25%
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Fincare Small Finance Bank
3 months - 7 years
3.00% - 5.50%
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Jana Small Finance Bank
3 months - 10 years
2.5% - 6%
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Ujjivan Small Finance Bank
3 months - 10 years
3.05% - 5.80%
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Utkarsh Small Finance Bank
3 months - 10 years
3.00% - 6.75%
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Karnataka Bank
3 months - 10 years
3.40% - 5.60%
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Karur Vysya Bank
3 months - 10 years
3.25% - 3.50%
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Jammu and Kashmir Bank
3 months - 10 years
2.90% - 4.00%
More Details
South Indian Bank
3 months - 10 years
3.50% - 5.50%
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Punjab and Sind Bank
3 months - 10 years
3.00% - 5.30%
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Standard Chartered Bank
7 days - 5 years
1.75% - 5.35%
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HSBC Bank
7 days - 5 years
2.25% - 4.00%
More Details
Shriram Transport Finance
1 year - 5 years
7.01% - 7.95%
More Details
Tamilnad Mercantile Bank
3 months - 10 years
3.50% - 5.50%
More Details
IndusInd Bank
3 months - 10 years
2.50% - 5.50%
More Details
Bank of Maharashtra
3 months to 10 years
2.75% -4.90%
More Details
Central Bank of India
3 months - 10 years
2.75% - 5.00%
More Details
Kotak Mahindra Bank
3 months - 10 years
2.50% - 5.25%
More Details
DHFL
1 year - 10 years
8.25% - 8.95%
More Details
DCB Bank
3 months - 10 years
4.35% - 5.95%
More Details

FAQs

What is the highest interest rate for Canara Bank FDs?

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Does Canara Bank Tax Saver Deposit have flexible tenure?

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How to resolve queries regarding Canara Bank FD?

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What are the minimum and maximum maturity tenure for Canara Bank’s fixed deposits?

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Can investors deposit an additional sum into an ongoing FD?

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Can the duration of an ongoing FD be changed midway?

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What is the minimum deposit for opening the Canara Bank fixed deposit scheme?

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What is the current interest rate range for Canara Bank FDs?

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How much loan can investors avail against fixed deposits?

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Calculate Canara Bank FD Interest
Investment Amount
₹25,000
Time Period
9 Months
1 Year
2 Years
3 Years
Maturity Amount
Canara Bank
0
@5.2% p.a
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online upto 0%
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