Banks »FD »Fixed Deposit Interest Rates of Canara Bank
Canara Bank  Fixed Deposit Interest Rates
Submitted By Nimmy Sunil on 26 February 2023
Banks »FD »Fixed Deposit Interest Rates of Canara Bank
Submitted By Nimmy Sunil on 26 February 2023
Canara Bank provides the highest interest rate of 7.15% and offers 7.65% for senior citizens for the special deposit of 400 days. Bank offers 0.1% extra for the Non Callable (above Rs. 15 Lakh) deposits of same scheme.


2. TERM DEPOSITS Rate of Interest (%) p.a. For
Deposits less than Rs.2 Crore 

A. Domestic 





Callable 
Non Callable (above Rs. 15 Lakh) 

Term Deposits (All Maturities) 
General Public 
Senior Citizen 
General Public 
Senior Citizen 

Rate of Interest (% p.a.) 
Annualised Interest yield (% p.a.) ** 
Rate of Interest (% p.a.) # 
Annualised Interest yield (% p.a.) ** 
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% 
NA 
NA 
NA 
NA 
46 Days to 90 Days 
4.50 
4.58% 
4.50 
4.58% 
4.55 
4.63% 
4.55 
4.63% 
91 Days to 179 Days 
4.50 
4.58% 
4.50 
4.58% 
4.55 
4.63% 
4.55 
4.63% 
180 Days to 269 Days 
5.50 
5.61% 
6.00 
6.14% 
5.55 
5.67% 
6.05 
6.19% 
270 Days to less than 1 Year 
5.50 
5.61% 
6.00 
6.14% 
5.55 
5.67% 
6.05 
6.19% 
1 Year only 
6.75 
6.92% 
7.25 
7.45% 
6.90 
7.08% 
7.40 
7.61% 
Above 1 Year to less than 2 Years 
6.80 
6.98% 
7.30 
7.50% 
7.05 
7.24% 
7.55 
7.77% 
400 DAYS 
7.15 
7.34% 
7.65 
7.87% 
7.25 
7.45% 
7.75 
7.98% 
666 Days 
7.00 
7.19% 
7.50 
7.71% 
NA 
NA 
NA 
NA 
2 Years & above to less than 3 Years 
6.80 
6.98% 
7.30 
7.50% 
7.05 
7.24% 
7.55 
7.77% 
3 Years & above to less than 5 Years 
6.50 
6.66% 
7.00 
7.19% 
6.75 
6.92% 
7.25 
7.45% 
5 Years & above to 10 Years. 
6.50 
6.66% 
7.00 
7.19% 
6.75 
6.92% 
7.25 
7.45% 
$Noncallable term deposits are deposits where PREMATURE WITHDRAWAL IS NOT PERMITTED. * Rates are applicable only for single deposit of Rs.5 Lakh & above. 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 Reinvestment Deposit Plan (Kamadhenu Deposit) is based on quarterly compounding of interest. 
3. DOMESTIC BULK TERM DEPOSITS  
Domestic  Rate of Interest (% p.a.)  
For
Deposits Rs. 2 Crore & above to less than Rs. 10 Crore * w.e.f. 18.01.2023 

Term Deposits (All Maturities)  Callable  NonCallable ++  
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  2.90  2.93%   NA  @  
46 days to 90 days  3.10  3.14%  3.15  3.19%  
91 days to 179 days  3.35  3.39%  3.40  3.44%  
180 days to 269 Days  3.35  3.39%  3.40  3.44%  
270 days to less than 1 Year  5.75  5.88%  5.80  5.93%  
1 year only  6.00  6.14%  6.15  6.29%  
Above 1 year to less than 2 years  6.00  6.14%  6.25  6.40%  
2 years & above to less than 3 years  6.00  6.14%  6.25  6.40%  
3 years & above to less than 5 years  6.00  6.14%  6.25  6.40%  
5 years & above to 10 Years  3.40  3.44%  3.65  3.70 
* For interest rates of single domestic bulk term deposit of Rs.10 Crore and above, Kindly Contact the nearest Branch.
** Approximate Annualized Yield in % terms at the beginning of the slab. Effective Annualized rate of return on Bank’s Reinvestment Deposit Plan (Kamadhenu Deposit) is based on quarterly compounding of interest.
++ Noncallable term deposits are Bulk deposits where PREMATURE WITHDRAWAL IS NOT PERMITTED. Auto Renewal facility is not available for Noncallable deposits.
NON RESIDENT ACCOUNTS  
a. NRO – all maturities  Same as applicable to Domestic Term Deposits  
b. NRE –Term deposits  Rate of interest (%) per annum  
Period of Deposit  Less than Rs.2 Crore (w.e.f. 19.12.2022) 
Rs. 2 Crore & above to less than Rs. 10 Crore (w.e.f. 19.12.2022)  
Rate of Interest (% per annum) 
Annualised Interest Yield (% per annum) * 
Rate of Interest (% per annum) 
Annualised Interest Yield (% per annum) * 

1 year only  6.75  6.92%  6.00  6.14% 
Above 1 year to less than 2 yrs  6.80  6.98%  6.00  6.14% 
666 Days  7.00  7.19%  NA  NA 
2 yrs & above to less than 3 yrs  6.80  6.98%  6.00  6.14% 
3 yrs & above to less than 5 yrs  6.50  6.66%  6.00  6.14% 
5 yrs & above to 10 yrs  6.50  6.66%  3.40  3.44% 
#Bank has introduced a special NRE/NRO Retail Term deposit scheme of 400 Days with rate of interest 7.15% for Callable deposit with effect from 18.01.2023. 
Canara Bank FD Rates, Fixed Deposit Interest Rates, Term Deposit Rates, Special Deposit Rates, Senior Citizen Deposit Rates, NRI and NRE Deposit rates, Revised Deposit Rates of Canara Bank, Canara BankRevised FD Rates, Latest Fixed Deposit Interest Rates of Canara Bank Various Term Deposit Interest Rate Schemes, Special Interest Rates
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