New Delhi: Public area Canara Bank has changed the interest rates on Fixed Deposits. The new interest rates of the bank have become viable from Saturday (16 July 2022).
New interest rates successful from July 16, 2022
Canara Bank offers FDs for different residencies going from 7 days to 10 years. After this change, the clients of the bank will get the advantage of revenue at the pace of 2.90 percent on FDs going from 7 days to 45 days, while FDs of 46 days to 90 days will get revenue at the pace of 4%. Aside from this, fixed deposits of 91 days to 179 days will get revenue at the pace of 4.05 percent.
Canara Bank FD Rates
On FDs of 180 days to 269 days, the clients of the bank will get revenue at the pace of 4.50 percent. Aside from this, 4.55 percent on fixed deposits of 270 days to under 1 year, 5.10 percent on FDs of 333 days, 5.30 percent on FDs of 1 year, 5.40 percent on FDs over 1 year and under 2 years, 2 years Interest will be accessible at the pace of 5.45 percent on FDs above and under 3 years, 5.70 percent on FDs over 3 years and under 5 years and 5.75 percent on FDs from 5 years to 10 years.
Higher interest to senior residents
The overall population will get an interest rate of 5.75 percent on Canara Tax Saver Deposit Scheme, while senior residents will get an interest rate of 6.25 percent. As per the Canara Bank site, 0.50 percent more will be given to senior residents for stores of not as much as Rs 2 crore and residency of 180 days or more, notwithstanding NRO/NRE and CGA deposits.
