Public sector Canara Bank has announced changes in fixed deposit interest rates (FD Rates). After the amendment, the bank is offering interest ranging from 3% to 6.60% to the common citizens on the investment of callable FD. Whereas senior citizens are getting returns ranging from 3% to 7.10%. The bank is offering 4.10% to 6.70% interest to general citizens on non-callable fixed deposits. Whereas senior citizens are getting maximum interest of 7.20%.
Customers can invest Rs 3 crore in callable FD. You can invest less than Rs 3 crore in this. Facility to withdraw cash before maturity is also available. Its duration ranges from 7 days to 10 years. You can invest more than Rs 1 crore in non-callable FD. In this, withdrawal of money is not allowed before maturity. Its duration ranges from 46 days to 3 years.
Canara Bank has implemented the new interest rates for FD from March 17, 2026. It is also offering 0.50% extra interest to senior citizens on domestic term deposits. However, this facility will be available on tenure of 180 days or more. All banks keep revising interest rates from time to time. Therefore, before investing, it is advised to visit the official website of the bank or the nearest branch.
This public sector bank is offering the highest return on tenure of 555 days. In this, common citizens are getting 6.60% return on choosing callable FD option and 6.70% return on choosing non-callable FD option. The bank is also giving 50 bps extra interest to senior citizens. On tenure of 444 days, general citizens are getting 6.50% interest and senior citizens are getting 7% interest. At the same time, 0.10% extra return is also available on choosing non-callable FD option.
