Canara Bank revises interest rates on fixed deposits: Check new rates here

Public sector lender Canara Bank lowers interest rates on fixed deposits 2 crores. According to the bank’s website, the new rates are effective from today, July 16, 2022. Post the revision, the bank is currently offering an interest rate of 2.90 per cent to 5.75 per cent on deposits maturing in 7 days to 10 years. 2.90 percent to 6.25 percent for the general public and older adults.

Canara Bank FD Rates 2022

The bank is now offering an interest rate of 2.90 per cent on deposits maturing in 7 days to 45 days and 4.00 per cent on deposits maturing in 46 days to 90 days. Canara Bank is currently offering an interest rate of 4.05 per cent on deposits maturing in 91 to 179 days, while an interest rate of 4.50 per cent is being offered on fixed deposits maturing in 180 to 269 days. Deposits maturing in 333 days will now attract interest at the rate of 5.10 per cent, while deposits maturing in 270 days to less than a year will now attract interest at the rate of 4.55 per cent.

Canara Bank is now offering an interest rate of 5.30 per cent on fixed deposits maturing in one year, and it is now guaranteeing an interest rate of 5.40 per cent on deposits maturing in one year or more but less than two years. Is. In Canara Bank, fixed deposits maturing in 2 years or more but less than 3 years now fetch an interest rate of 5.45 per cent, while those maturing in 3 years or more but less than 5 years now attract an interest rate of 5.45 per cent. 5.70 percent. The bank is now offering a maximum interest rate of 5.75 percent on deposits maturing in 5 years or more but less than 10 years. The general public will get an interest rate of 5.75 per cent on Canara Tax Saver Deposit Scheme, while senior citizens will get an interest rate of 6.25 per cent.

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Canara Bank FD Rates (canarabank.com)

“For senior citizens an additional interest of 0.50% is available for deposits (other than NRO/NRE and CGA deposits) less than Rs. 2 crore and with a tenure of 180 days and above,” Canara Bank mentioned on its website.

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