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Canara Bank Interest Rates on FD, Mar 2017

Last Updated 27th Mar 2017

Fixed Deposit Interest Rate of Canara

Tenure General Rates Senior Citizen Rates
7 days to 14 days 4.20% 4.70%
15 days to 30 days 4.20% 4.70%
31 days to 45 days 4.50% 5.00%
46 days to 60 days 4.75% 5.25%
61 days to 90 days 4.75% 5.25%
91 days to 120 days 5.50% 6.00%
121 days to 179 days 5.75% 6.25%
180 days to 364 days 6.50% 7.00%
1 year to 10 years 6.90% 7.40%
Canara Bank FD Maturity Calculator
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Canara Bank FD Interest Rates

  • Canara Bank offers FD interest rates upto 7.00% per annum.
  • Interest on deposits with Canara Bank is typically compounded quarterly.
  • Canara Bank accepts deposits starting at Rs. 1000 for various tenures.
  • For senior citizens (age more than 60 years), Canara Bank offers higher interest rate over and above rates mentioned below.

Canara Bank Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdrawal your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, Canara Bank pays 1% lower ROI than that applicable for actual duration of deposit.

Loan against Canara Bank FD

  • Canara Bank offers loan upto 90% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

Canara Bank Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with Canara Bank, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of Canara Bank in your city

About Canara Bank


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