Canara bank interest rates

Canara Bank offers a range of savings accounts to its customers such as senior citizen, minors, salaried class, etc. Accountholders can avail numerous state-of-the-art facilities such as netbanking, mobile banking, UPI transfers, etc. with these accounts. Canara Bank offers its account holders a minimum interest rate of 2.90% and a maximum of 3.55% on savings account. Let us find out variants of savings accounts offered by Canara Bank. Canara Bank Savings Account Interest Rates 2023 Account Balance Rate of Interest on Savings Account (p.a) For an outstanding Balance of less than Rs. 50 Lakh 2.90% For an outstanding Balance of Rs. 50 Lakh to less than Rs 5. Crore 2.90% For an outstanding Balance of Rs. 5 Crore to less than Rs. 10 Crore 2.95% For an outstanding Balance of Rs. 10 Crore to less than Rs. 100 Crore 3.05% For an outstanding Balance of Rs. 100 Crore to less than Rs. 200 Crore 3.50% For an outstanding Balance of Rs. 200 Crore to less than Rs. 300 Crore 3.10% For an outstanding Balance of Rs. 300 Crore to less than Rs. 500 Crore 3.10% For an outstanding Balance of Rs. 500 Crore to less than Rs. 1000 Crore 3.40% For an outstanding Balance of Rs. 1000 Crore & less than Rs. 2000 Crore 3.55% For an outstanding Balance of Rs. 2000 Crore & above 4.00% Note : Interest rates updated as on 5th June 2023. Read more: Savings Account Interests Rates Get FREE Credit Report from Multiple Credit Bureaus Types of Canara Bank Savings Account Savings Bank Account Canara Basic Savings...

Canara Bank has revised its fixed deposit interest rates with effect from February 8, 2021, on all deposits less than Rs 2 crore. The bank has cut FD interest rates on deposits maturing in a year and raised interest rates on FDs with tenure between two years and 10 years. Canara Bank will offer a 2.95 percent interest rate for term deposits with a maturity period of 7 to 45 days. The bank will give 3.9, 4.0 and 4.45 percent for FDs with maturity periods 46-90 days, 91 days to 179 days and 180 days, respectively, to less than a year after the revision. The bank has slashed the interest rate by 5 basis points (bps) for FDs maturing in one year. These FDs will now fetch 5.20 percent interest rate. The bank will offer an interest rate of 5.20 percent for term deposits maturing in above one year to less than two years. The bank will give 5.40 percent for FDs with two years to three years. The state-owned bank will now give a 5.50 percent interest rate for three years to ten years tenure. Here are Canara Bank's latest FD interest rates for the general public: Maturity period Interest rates 7 days to 45 days 2.95% 46 days to 90 days 3.90% 91 days to 179 days 4% 180 days to less than 1 Year 4.45% 1 year 5.20% Above 1 year to less than 2 years 5.20% 2 years & above to less than 3 years 5.40 % 3 years & above to less than 5 years 5.50% 5 years & above to 10 Years 5.50% For FDs maturing in 7 days to 10 years, senior citizens will get an interest rate ranging from 2.95 percent to 6 pe...

Canara Bank will now offering a rate of 2.90 percent on fixed deposits expiring between 7 to 45 days. Bank customers will now receive interest rates of 4 percent and 4.05 percent on fixed deposits maturing in 46 days to 90 days and 91 days to 179 days, respectively. On deposits expiring in 180 days to 269 days will fetch 4.50 percent from earlier 4.40 percent. The interest rate on one-year fixed deposits has been revised to 5.1 percent, while the rate on two-year fixed deposits revised to 5.15. for tenure between 270 days to less than 1 year it will fetch 4.55 percent. Fixed deposit of one year tenure will attract an interest rate of 5.30 percent. Above one year to less than 2 years it will fetch 5.40 percent. Fixed deposit rates between 2-3 years would be 5.45 percent and 3-5 years would be 5.70 percent. The 5-10 year fixed deposit slab has been revised to 5.75 percent.