Latest news with #Canara-444
India.com
2 days ago
- Business
- India.com
Canara Bank FD Rates, Savings Interest Rate Revised: Check Canara Bank FD RatesLatest Rates August 2025
New Delhi: Public sector lender Canara Bank has announced revision in its Fixed Deposit (FD) and Savings Interest rates for general citizens and senior citizens. The latest rates on FD is effective from 8 August 2025 while that on savings account is applicable from 1August 2025. FD rates are applicable for deposits less than Rs 3 crore. Canara bank has made reduction in its FD rates which now range between 3.25-6.5 percent for general customers, and 3.25-7 percent for senior citizens. Canara Bank's FD interest rates effective 8 August 2025. Here are the latest rates: Callable Non Callable ( Above Rs.1 Crore ) $ 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 4.25 4.32 4.25 4.32 4.35 4.42 4.35 4.42 91 Days to 179 Days 4.50 4.58 4.50 4.58 4.60 4.68 4.60 4.68 180 Days to 269 Days 5.50 5.61 6.0 6.14 5.60 5.72 6.10 6.24 270 Days to less than 1 Year 5.75 5.88 6.25 6.40 5.85 5.98 6.35 6.50 1 Year & above to 1 year 3 months Only 6.25 6.40 6.75 6.92 6.35 6.50 6.85 7.03 444 Days 6.50 6.66 7.00 7.19 6.60 6.76 7.10 7.29 Above 1 Year 3 months to less than 2 Years 6.25 6.40 6.75 6.92 6.35 6.50 6.85 7.03 2 Years & above to less than 3 Years 6.25 6.40 6.75 6.92 6.35 6.50 6.85 7.03 3 Years & above to less than 5 Years 6.25 6.40 6.75 6.92 NA NA NA NA 5 Years & above to 10 Years 6.25 6.40 6.75 6.92 NA NA NA NA Canara Bank's savings account interest rates effective 1August 2025. Here are the latest rates: 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% Canara Bank Offers 6.70 percent p.a. for Canara Tax Saver Deposit scheme (General Public). Maximum deposit acceptable is Rs 1.50 Lakh. Additional rate of interest 0.60% for Super Senior Citizen(80 years and above) is introduced under Canara-444 product only i.e. 7.60% for callable deposits and 7.70% for non callable deposits. The above Rate of interest is applicable to Recurring deposits also.
Time of India
22-05-2025
- Business
- Time of India
Canara bank revises FD, savings interest rate: Check latest rates
Latest Canara BankFD interest rates Callable Term Deposits (All Maturities) General Public Senior Citizen Rate of Interest (% p.a.) Rate of Interest (% p.a.) # 7 Days to 45 Days 4 4 46 Days to 90 Days 5.25 5.25 91 Days to 179 Days 5.5 5.5 180 Days to 269 Days 6.15 6.65 270 Days to less than 1 Year 6.25 6.75 1 Year Only 6.85 7.35 444 Days 7 7.5 Above 1 Year to less than 2 Years 6.85 7.35 2 Years & above to less than 3 Years 6.9 7.4 3 Years & above to less than 5 Years 7 7.5 5 Years & above to 10 Years 6.7 7.2 FDs for senior and super senior citizens Live Events Canara Bank Tax-Saver FD Latest savings account interest rates Slabs ROI(%) 1 For outstanding Balance of less than Rs. 50 Lakh 2.7 2 For outstanding Balance of Rs. 50 Lakh to less than Rs 5 Cr 2.75 3 For outstanding Balance of Rs. 5 Cr to less than Rs 10 Cr 2.8 4 For outstanding Balance of Rs. 10 Cr to less than Rs 100 Cr 3.05 5 For outstanding Balance of Rs. 100 Cr to less than Rs 200 Cr 3.5 6 For outstanding Balance of Rs. 200 Cr to less than Rs 300 Cr 3.1 7 For outstanding Balance of Rs. 300 Cr to less than Rs 500 Cr 3.1 8 For outstanding Balance of Rs. 500 Cr to less than Rs 1000 Cr 3.4 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 Canara Bank has revised its fixed deposit (FD) and savings account interest rates, with the new rates effective from May 21, 2025, for FDs, and May 19, 2025, for savings accounts. The fixed deposit rate reduction applies to deposits less than Rs 3 the revision, interest rates on callable fixed deposits now range between 4% and 7% for general customers, and between 4% and 7.50% for senior citizens. Previously, on April 10, 2025, the rates stood at 4%–7.25% for the general public and 4%–7.75% for senior the updated interest rate chart:Senior citizens receive an additional 0.50% interest for FDs above 180 days and under Rs 3 crore (excluding NRE/NRO and CGA deposits).Super senior citizens (aged 80 and above) benefit from a 0.60% additional interest under the Canara-444 scheme, bringing the rate to 7.60% for callable its tax-saving deposit scheme, Canara Bank offers 6.70% per annum to the general public. The maximum investment limit is Rs 1.5 lakh under this May 19, 2025, Canara Bank's savings account interest rates now range from 2.70% to 4.00%, depending on the account balance:With returns on some deposit slabs dropping by up to 0.25%, savers relying on FDs for stable income may need to reassess their investment approach. This move raises broader questions: Are FDs still worth locking your money into amid falling rates? While FDs remain a safe and predictable option, the declining trend in rates across several banks may signal a shift in the broader interest rate cycle—prompting both conservative and strategic savers to reconsider how they balance safety with returns.
