Calculate Canara Bank Fixed Deposit maturity amount. FD rates from 6.5% to 7% p.a.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Canara Bank offers Fixed Deposits across multiple tenures. Interest is compounded quarterly.
| Tenure | General Rate | Senior Rate | Maturity (₹1L) |
|---|---|---|---|
| 6 Months | 6.5% | 7% | ₹1,03,276 |
| 1 Year | 6.85% | 7.35% | ₹1,07,028 |
| 2 Years | 7% | 7.5% | ₹1,14,888 |
| 3 Years | 6.8% | 7.3% | ₹1,22,420 |
| 5 Years | 6.7% | 7.2% | ₹1,39,407 |
Canara Bank offers FD rates ranging from 6.5% to 7% p.a. for general citizens. Senior citizens get an additional 0.50% benefit.
The best Canara Bank FD rate for general citizens is 7% p.a. for 2 Years tenure, and 7.5% for senior citizens.
The minimum deposit amount for Canara Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Canara Bank currently does not have any special FD scheme. Check with the bank for the latest offers.
Yes, Canara Bank FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to \u20B95 Lakh per depositor per bank.