Canara Bank 3 Years FD rate: 6.8% (general) & 7.3% (senior citizen). Maturity for ₹5 Lakh: ₹6,12,099.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Canara Bank offers 3 Years Fixed Deposit at 6.8% p.a. for general citizens and 7.3% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 1% penalty on applicable rate.
Tenure: 3 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹30,605 | ₹5,605 | 22.4% |
| ₹50K | ₹61,210 | ₹11,210 | 22.4% |
| ₹1 Lakh | ₹1,22,420 | ₹22,420 | 22.4% |
| ₹2 Lakh | ₹2,44,839 | ₹44,839 | 22.4% |
| ₹5 Lakh | ₹6,12,099 | ₹1,12,099 | 22.4% |
| ₹10 Lakh | ₹12,24,197 | ₹2,24,197 | 22.4% |
| ₹25 Lakh | ₹30,60,493 | ₹5,60,493 | 22.4% |
| ₹50 Lakh | ₹61,20,987 | ₹11,20,987 | 22.4% |
| ₹1 Crore | ₹1,22,41,974 | ₹22,41,974 | 22.4% |
Canara Bank offers 3 Years Fixed Deposit at 6.8% p.a. for general citizens and 7.3% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Canara Bank for 3 Years at 6.8% (quarterly compounding) will mature to approximately ₹6,12,099. The interest earned would be ₹1,12,099.
Yes, Canara Bank offers an additional benefit for senior citizens with a rate of 7.3% p.a. for 3 Years FD, which is 0.50% higher than the general rate.
The minimum deposit amount for Canara Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Canara Bank's premature withdrawal policy: 1% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.