Want to know the FD interest rates for senior citizens in Canara bank? Here is the latest modified Canara Bank FD Calculator. You can get the Canara bank interest rates and the tenure period on this page. So, keep reading to calculate your FD maturity amount and know the Canara bank fixed deposit schemes.
To find your fixed deposit maturity amount and deposit rates of Canara bank, you are at the right place. Get down to the below sections to know about the Canara bank FD calculator. So, use it to know the FD rates in Canara bank and transfer your money to safe hands
Canara Bank FD Calculator
The Canara Bank FD Calculator helps you to know your maturity amount and interest rates on FD. You can make a proper estimation of the investment in your FD account. Every individual should have a Canara Bank account to receive more offers.
Those with an FD account in Canara Bank can check their Maturity amount using the Canara Bank FD Calculator which is available on the official site. The Canara Bank Fd rates calculator helps you to know the FD amount. It is very easy to use the fixed deposit calculator by entering required details like tenure period, interest rates, amount details, etc. So, to check out your Canara Bank Fixed Deposit Interest Rates, click the below link.
Calculate your Maturity amount with Canara Bank FD Interest Rates Calculator
The Canara Bank interest rates on FD are given in the below tabular forms. Check the different Canara Bank FD Rates of Interest 2017 in the following section.
Canara Bank FD Interest Rates
Rate of Interest on FD in Canara Bank | ||
Tenure Period | Regular Interest Rate Per Annum | Senior Citizens FD Rate Per Annum |
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 269 Days |
6.50 |
7.00 |
270 Days to less than 1 Year |
6.50 |
7.00 |
1 Year only |
6.90 |
7.40 |
Above 1 Year to less than 2 Years |
6.90 |
7.40 |
2 Years & above to less than 3 Years |
6.90 |
7.40 |
3 Years & above to less than 5 Years |
6.90 |
7.40 |
5 Years & above to less than 8 Years |
6.90 |
7.40 |
8 Years & above to 10 Years |
6.90 |
7.40 |
Canara Bank FD Rates – 1 crore & above
Know your tenure amount with the Canara Bank FD Calculator in the below sections.
FD Rates of Interest in Canara Bank | ||
Maturity Period | CALLABLE
Interest Rate Per Annum |
NON-CALLABLE
FD Rate of Interest |
7 Days to 14 Days |
4.00 |
NA |
15 Days to 30 Days |
4.00 |
NA |
31 Days to 45 Days |
4.00 |
NA |
46 Days to 60 Days |
4.25 |
4.30 |
61 Days to 90 Days |
4.25 |
4.30 |
91 Days to 120 Days |
4.25 |
4.30 |
121 Days to 179 Days |
4.75 |
4.80 |
180 Days to 269 Days |
4.75 |
4.80 |
270 Days to less than 1-Year |
4.75 |
4.80 |
1 Year only |
4.85 |
4.90 |
Above 1 Year to less than 2 Years |
4.90 |
4.95 |
2 Years & above to less than 3 Years |
4.90 |
4.95 |
3 Years & above to less than 5 Years |
4.90 |
4.95 |
5 Years & above to less than 8 Years |
4.90 |
++ |
8 Years & above to 10 Years |
4.90 |
++ |
Canara Bank Interest Rates on Fixed Deposit – NRO/NRE
FD Rates in Canara Bank for Less than Rs.1 crore | ||
Maturity Period | Rate of Interest (% per annum) |
Annualised Interest * |
1 year only |
6.90 |
7.08 |
Above 1 Year to less than 2 Years |
6.90 |
7.08 |
2 Years & above to less than 3 Years |
6.90 |
7.33 |
3 Years & above to less than 5 Years |
6.90 |
7.59 |
5 Years & above to less than 8 Years |
6.90 |
8.16 |
8 Years & above to 10 Years |
6.90 |
9.11 |
Canara Bank FD Rate of Interest for NRO/NRE Accounts
Current Canara bank NRE FD Interest Rates for Rs.1 crore & above | ||
Tenure Period | Rate of Interest | Annualised Interest |
1 Year only |
4.85 |
4.94 |
Above 1 Year to less than 2 Years |
4.90 |
4.99 |
Between 2 Years and less than 3 Years |
4.90 |
5.12 |
Between 3 Years and less than 5 Years |
4.90 |
5.24 |
5 Years & above to less than 8 Years |
4.90 |
5.51 |
8 Years & above to 10 Years |
4.90 |
5.96 |
Brief Specifics of Canara Bank Fixed Deposit
The best and safer method of saving your money is the Fixed Deposit. In the recent years, FD schemes and the interest rates on FD has got its trust from many people. You can call the FD as a Term Deposit. The Fixed Deposits are the high-interest yielding Term Deposits. By the time your tenure period completes, you can get back your saved money with an additional interest amount. Every bank offers a particular kind of Fixed Deposit Rates. If you hold a bank account, then you can be an FD holder. The rate of interest on FD varies from 4 to 11%.
Canara Bank Fixed Deposit Plans
Canara Bank is an Indian state-owned bank. It has its headquarters at Banglore, Karnataka. The bank was started in Mangalore in 1906, which shows its old age in the banking sector in the country. It got its government nationalization in the year 1969. By 2016, September, Canara bank had spread 5849 branches and nearly 10026 ATMs across India. The bank also has its offices in the foreign countries like London, Hong Kong, Shanghai, Doha, Bahrain, South Africa, Dubai, Moscow, Nw york, and Tanzania. It has got its own kind of FD interest rate scheme.
The Canara bank FD rates depend on your tenure period. An individual who holds an FD account can also get an additional benefit of loans against the Fixed Deposit amount. You can get about 80 to 90 percent of the value of deposits. The Canara bank rate of interest on your FD loan can be 1 to 2 %. Moreover, an Indian resident can open the FD accounts for 3 months of minimum tenure period.
How to Open a Canara Bank Fixed Deposit Account?
- To open a new account in Canara Bank, you have to pay an initial amount of Rs.1000.
- Apply FD online in Canara bank, you need to download the application form from the official website. Click here to download the Canara Bank Application form
- The other method of creating a new Canara bank FD account is the offline way.
- However, you need to visit a nearby Canara bank branch and fill up the Account Opening Form for FD.
- Then submit the Canara Bank Fixed Deposit form manually.
- Moreover, you should carry some documents while submitting the FD application form.
The applicants should submit their proof of address, identity proof in order to open a new Fixed Deposit account in Canara Bank. So, ensure that you carry the necessary documents while you apply. Therefore, to know a detailed information on Canara Bank Account Opening visit the below link.
Apply for Canara Bank Fixed Deposit Schemes
Canara Bank Fixed Deposit Features
- You can invest a minimal amount of Rs.1000 and there is no maximum limit.
- The period of deposit ranges from 15 days to 120 months.
- Time to time variations of interest rates.
- Depositor’s choice of interest payment for monthly, quarterly, half-yearly, and annually.
- Closure of the Fixed Deposit Account in Canara bank before maturity period is permissible.
- You can choose anyone of your family as a nominee.
- You can part withdraw your deposit in the units of Rs.1000 with the rest of the amount to earn the signed interest rate.
To check your Canara Bank Fixed Deposit Account, click here.