CANARA BANK FD INTEREST RATES 2022
Term Deposits (All Maturities) |
General Public |
Senior Citizen |
||
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* |
3.25 |
3.29% |
3.25 |
3.29% |
46 days to 90 days |
4.50 |
4.58% |
4.50 |
4.58% |
91 days to 179 days |
4.50 |
4.58% |
4.50 |
4.58% |
180 days to 269 days |
5.50 |
5.61% |
6.00 |
6.14% |
270 days to less than 1 Year |
5.50 |
5.61% |
6.00 |
6.14% |
1 year only |
6.75 |
6.92% |
7.25 |
7.45% |
Above 1 year to less than 2 years |
6.80 |
6.98% |
7.30 |
7.50% |
666 Days |
7.00 |
7.19% |
7.50 |
7.71% |
2 years & above to less than 3 years |
6.80 |
6.98% |
7.30 |
7.50% |
3 years & above to less than 5 years |
6.50 |
6.66% |
7.00 |
7.19% |
5 years & above to 10 Years |
6.50 |
6.66% |
7.00 |
7.19% |
* Rates are applicable only for single deposit of Rs.5 Lakh & above. Minimum period for renewal of domestic/NRO term deposits is 7 days irrespective of the size of deposit. Below Rs.5 Lakh, Minimum tenor of deposit is 15 Days. # Additional interest of 0.50% for Senior Citizens is available for Deposits (Other than NRO/NRE and CGA Deposits) less than Rs. 2 Cr and with tenor of 180 Days and above. ** Approximate Annualized Yield in % terms at the beginning of the slab. Effective Annualized rate of return on Bank’s Re-investment Deposit Plan (Kamadhenu Deposit) is based on quarterly compounding of interest. Bank Offers 6.50 % p.a. for Canara Tax Saver Deposit scheme (General Public). Maximum deposit acceptable is Rs 1.50 Lakh. The above Rate of interest is applicable to Recurring deposits also. AUTO RENEWAL FACILITY: The deposit will be renewed automatically from the date of maturity for a similar period at the interest rate prevailing on the date of maturity for the original period of deposit. (except for Canara Tax Saver Deposits, Capital Gains Accounts, Court Deposits, Non-KYC Complied Term Deposits, Canara Samriddhi deposits (discontinued w.e.f. 01.10.2015),CanaraKhazana, CanaraShikhar Deposits (discontinued w.e.f. 26.03.2020),Canara Unique Deposits(discontinued w.e.f. 31.03.2022), CanaraAmrit (discontinued w.e.f. 26.01.2022), Non-callable deposits etc.) PENALTY: “For premature closure/part withdrawal/premature extension of Domestic/NRO term deposits, the Bank imposes a penalty of 1.00%. Such prematurely closed/part withdrawn/prematurely extended deposits will earn interest at 1.00% below the rate as applicable for the relevant amount slab as ruling on the date of deposit and as applicable for the period run OR 1.00% below the rate at which the deposit has been accepted, whichever is lower.” However, no interest will be payable on term deposits prematurely closed/prematurely extended before completion of 7th day. OVERDUE DEPOSITS: |
#Canara Bank FD Interest Rates #Canara Bank FDR Interest Rates #Canara Bank Fixed Deposit Rates #FD Interest Rates of Canara Bank #Latest Canara Bank FD Interest Rates