Latest Canara Bank FD interest rates: Highest returns, penalty rules, and savings account rates
Following the revision, interest rates on callable fixed deposits now range between 3.25% and 6.5% for general customers, and between 3.25% and 7% for senior citizens for deposits below Rs 3 crore.
Axis Bank launches new feature 'Lock FD' to curb digital fraud; here's how to activate it Term Deposits (All Maturities) General Public Senior Citizen Rate of Interest (% p.a.) Rate of Interest (% p.a.) # 7 Days to 45 Days 3.25 3.25 46 Days to 90 Days 4.25 4.25 91 Days to 179 Days 4.5 4.5 180 Days to 269 Days 5.5 6 270 Days to less than 1 Year 5.75 6.25 1 Year & above to 1 year 3 months Only 6.25 6.75 444 Days 6.5 7 Above 1 Year 3 months to less than 2 Years 6.25 6.75 2 Years & above to less than 3 Years 6.25 6.75 3 Years & above to less than 5 Years 6.25 6.75 5 Years & above to 10 Years 6.25 6.75 Penalty for premature withdrawal A penalty of 1% will be charged for premature closure, partial withdrawal, or premature extension of Domestic/NRO term deposits below Rs 3 crore, for deposits accepted or renewed on or after March 12, 2019. Canara Bank savings account interest rate Canara Bank savings account interest rate range between 2.55% and 4% depending on the savings account balance. .No. Slabs ROI(%) 1 For outstanding Balance of less than Rs. 50 Lakh 2.55% 2 For outstanding Balance of Rs. 50 Lakh to less than Rs 5 Cr 2.55% 3 For outstanding Balance of Rs. 5 Cr to less than Rs 10 Cr 2.55% 4 For outstanding Balance of Rs. 10 Cr to less than Rs 100 Cr 2.55% 5 For outstanding Balance of Rs. 100 Cr to less than Rs 200 Cr 2.65% 6 For outstanding Balance of Rs. 200 Cr to less than Rs 300 Cr 2.65% 7 For outstanding Balance of Rs. 300 Cr to less than Rs 500 Cr 3.10% 8 For outstanding Balance of Rs. 500 Cr to less than Rs 1000 Cr 3.40% 9 For outstanding Balance of Rs. 1000 Cr & less than Rs. 2000 Cr 3.55% 10 For outstanding Balance of Rs. 2000 Cr & above 4.00%
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