Canara Bank 5 Years FD rate: 6.7% (general) & 7.2% (senior citizen). Maturity for ₹5 Lakh: ₹6,97,033.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Canara Bank offers 5 Years Fixed Deposit at 6.7% p.a. for general citizens and 7.2% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 1% penalty on applicable rate.
Tenure: 5 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹34,852 | ₹9,852 | 39.4% |
| ₹50K | ₹69,703 | ₹19,703 | 39.4% |
| ₹1 Lakh | ₹1,39,407 | ₹39,407 | 39.4% |
| ₹2 Lakh | ₹2,78,813 | ₹78,813 | 39.4% |
| ₹5 Lakh | ₹6,97,033 | ₹1,97,033 | 39.4% |
| ₹10 Lakh | ₹13,94,067 | ₹3,94,067 | 39.4% |
| ₹25 Lakh | ₹34,85,167 | ₹9,85,167 | 39.4% |
| ₹50 Lakh | ₹69,70,335 | ₹19,70,335 | 39.4% |
| ₹1 Crore | ₹1,39,40,669 | ₹39,40,669 | 39.4% |
Canara Bank offers 5 Years Fixed Deposit at 6.7% p.a. for general citizens and 7.2% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Canara Bank for 5 Years at 6.7% (quarterly compounding) will mature to approximately ₹6,97,033. The interest earned would be ₹1,97,033.
Yes, Canara Bank offers an additional benefit for senior citizens with a rate of 7.2% p.a. for 5 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.