Canara Financial institution FD Curiosity Charges 2022: Canara Financial institution has but once more hiked its fastened deposit rate of interest with impact from at this time, i.e. October 31. The Canara Financial institution FD charges had been earlier hiked with impact from October 7. With this fee hike, the financial institution’s minimal rate of interest now begins from 3.25 per cent and the utmost is as much as 7 per cent for most of the people and seven.5 per cent for senior residents. Canara Financial institution has hiked the fastened deposit rates of interest for deposits below Rs 2 crore. 

The financial institution now presents an rate of interest of three.25 per cent for deposits maturing in 7 days to 45 days, and 4.5 per cent for deposits for 46 days to 179 days. Canara Financial institution fastened deposit rates of interest for 180 days to lower than one yr will now earn 5.5 per cent for most of the people and 6 per cent for senior residents. The financial institution now presents 6.25 per cent for most of the people and 6.75 per cent for senior residents on deposits maturing in a single yr and fewer than two years.

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The Canara Financial institution now presents 7 per cent for most of the people and seven.5 per cent for senior residents on deposits for 666 days. The deposits maturing in 2 years to lower than 3 years will earn an curiosity of 6.25 per cent for most of the people and 6.75 per cent for senior residents. 

The fastened deposits for 3 years to 10 years tenor will now earn 6.5 per cent for most of the people and seven per cent for senior residents. The financial institution mentioned that the above charges are relevant just for a single deposit of Rs 5 lakh and above.


Canara Financial institution additionally presents a 6.5% p.a. return for most of the people on the Canara Tax Saver Deposit scheme. Nonetheless, the utmost deposit acceptable is Rs 1.50 lakh solely.

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The deposit shall be renewed routinely from the date of maturity for the same interval on the rate of interest prevailing on the date of maturity for the unique interval of deposit. The Canara Financial institution will levy a penalty of 1% for untimely closure/half withdrawal/ untimely extension of Home/NRO time period deposits of lower than Rs 2 crore.

Canara Financial institution FD Curiosity Charges 2022 Calculator:

If you’ll make a hard and fast deposit of Rs 5 lakh with Canara Financial institution for one yr interval, you’ll earn an interst of Rs 31,990 whereas senior citizen will earn an curiosity of Rs 33,668. For those who make a FD for 666 days, you’ll earn a return of Rs 35,930 whereas senior residents will get a return of Rs 38,568. 





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