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 21 May 2025 while that on savings account is applicable from 19 May 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 4-7 percent for general customers, and 4-7.50 percent for senior citizens as compared to 4–7.25 percent and 4–7.75 percent for general public and senior citizens respectively as on 10 April 10 2025.
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.
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