Canara Bank FD interest rates are highly competitive and offer assured returns. Current FD rates range from 4.00% to 7.25% for general citizens and 4.00% to 7.75% for senior citizens. Canara Bank fixed deposit schemes give you flexible tenures ranging from 7 days to 120 months. Besides, the deposits offer you a liquidity option by allowing you to use 90% of the deposit for a loan.
Guaranteed return plans provide assured returns and the security of a life cover. These plans are an excellent option for risk-averse investors, as they are not affected by market fluctuations.
Canara Bank FDs are savings products best suited for customers who prefer guaranteed returns over a defined investment period. With the availability of products like 444 Days Deposit, the bank offers unique features and one of the best FD interest rates. Besides, Canara Bank allows customers to earn interest on a monthly, quarterly, half-yearly, or yearly basis. While senior citizens get 0.50% over and above current rates, super-senior citizens get 0.60% extra. You can open an FD with as little as ₹1,000 and get the benefits of secure savings.
Customers can pick how long they want the deposit and how often interest should be paid, as well as borrow against the same deposit amount if needed.
When choosing an investment, it's important to understand the distinctions between options. Fixed deposits offer guaranteed returns and security, while other products, such as guaranteed return plans and mutual funds, can provide growth opportunities with different degrees of risk.
15 days to 10 years
₹Rs 1000
No Maximum Limit
Monthly, Quarterly, Half-yearly, or Annually
Available
Up to 90% of the deposit
As per Income Tax rules
Rs 1,000 units allowed as part withdrawal
Canara Bank has a special 10-year Fixed Deposit scheme which is available to senior citizens only. Other customers are presented with various FD options by the bank, such as 1-year, 3-year, and special deposit schemes.
Below are the Canara FD interest rates for different tenures and deposit slabs. Rates can vary depending on tenure, amount, and customer category.
| Tenure | Regular Rates | Senior Citizen |
| 1 year | 6.85% | 7.35% |
| 444 days | 7.25% | 7.75% |
| 7 days to 45 days* | 4.00% | 4.00% |
| 46 days to 90 days | 5.25% | 5.25% |
| 91 days to 179 days | 5.50% | 5.50% |
| 180 days to 269 days | 6.15% | 6.65% |
| 270 days to less than 1 year | 6.25% | 6.75% |
| Above 1 year to less than 2 years | 6.85% | 7.35% |
| 2 years to less than 3 years | 6.85% | 7.35% |
| 3 years to less than 5 years | 6.80% | 7.30% |
| 5 years to 10 years | 6.70% | 7.20% |
| PERIOD OF DEPOSIT | General Citizens | Senior Citizens |
| 7 Days to 30 Days | 4.75% | 5.25% |
| 31 Days to 45 Days | 5.00% | 5.50% |
| 46 Days to 90 Days | 5.25% | 5.75% |
| 91 Days to 120 Days | 5.50% | 6.00% |
| 121 Days to 179 Days | 5.60% | 6.10% |
| 180 Days to 269 Days | 6.00% | 6.50% |
| 270 Days to less than 1 Year | 6.10% | 6.60% |
| 1 Year Only | 6.25% | 6.75% |
| Above 1 Year to 1 Year 3 Months | 6.25% | 6.75% |
| Above 1 Year 3 Months to less than 2 Years | 6.25% | 6.75% |
| 2 Years &above to less than 3 Years | 5.50% | 6.00% |
| 3 Years &above to less than 5 Years | 5.00% | 5.50% |
| 5 Years &above to 10 Years | 5.00% | 5.50% |
Rates of Interest for Bulk Deposits (Callable)
Canara Bank FD interest rates w.e.f July 07, 2025
Senior Citizens are given an additional interest rate benefit of 0.50% on deposits.
| Bank Name | Lowest Rate | Highest Rate |
| State Bank Of India | 3.05% | 6.6% |
| ICICI Bank | 2.75% | 6.6% |
| HDFC Bank | 2.75% | 6.6% |
| Axis Bank | 3% | 6.6% |
| Punjab National Bank | 3.5% | 7% |
| Kotak Mahindra Bank | 2.75% | 6.6% |
| Yes Bank | 3.25% | 7.75% |
| Bank of Baroda | 3.5% | 6.6% |
| IndusInd Bank | 3.25% | 7% |
| Indian Bank | 2.8% | 6.7% |
| Union Bank of India | 3.4% | 6.6% |
| Bank of India | 3% | 6.6% |
| Canara Bank | 4% | 7.25% |
| IDFC Bank | 3% | 6.6% |
| IDBI Bank | 3% | 6.75% |
| Indian Overseas Bank | 3.5% | 6.75% |
| Bank of Maharashtra | 2.75% | 6.7% |
| Central Bank of India | 3.5% | 7% |
| Punjab and Sind Bank | 3% | 6.8% |
| UCO Bank | 2.9% | 6.6% |
| RBL Bank | 3.5% | 7.2% |
| PNB Housing Finance | 6.79% | 7.58% |
| Federal Bank | 3% | 6.7% |
| Bandhan Bank | 3% | 7.4% |
| South Indian Bank | 2.9% | 6.6% |
| Karur Vysya Bank | 4% | 6.85% |
| Tamilnad Mercantile Bank | 4% | 7.05% |
| Karnataka Bank | 3.5% | 6.65% |
| DBS Bank | 2.75% | 6.55% |
| Shriram Finance Ltd | 6.79% | 7.35% |
| Bajaj Finance Ltd | 6.6% | 6.95% |
| Mahindra Finance Ltd | 6.4% | 6.8% |
| Fincare Small Finance | 3% | 8.61% |
| Unity Small Finance Bank | 4% | 6.75% |
| Suryoday Small Finance Bank | 4% | 8.2% |
| DCB Bank | 3.75% | 7.4% |
| Equitas Small Finance Bank | 3.5% | 7.6% |
| ESAF Small Finance bank | 2.75% | 7.6% |
| Karnataka Grameena Bank | 3.25% | 6.85% |
| North East Small Finance bank | 3.5% | 8.5% |
| Saraswat Bank | 3.25% | 7% |
*FD interest rates w.e.f. August 2025 (for general public, domestic FDs < ₹3 Cr).
Canara Bank fixed deposits offer a wide range of unique features. Some of them are listed below.
You can open a Canara Bank FD either online or offline by visiting your nearest Canara Bank branch. Here’s how you can do it, by following the easiest method of the two different ways -
For existing Canara Bank customers, they can apply through internet banking or mobile banking -
Those who prefer the traditional method and not the online method can go to the bank branch and follow the given steps.
Canara Bank FDs are available for:
With options like Green Deposit, Tax Saver FD schemes, and 444 Days Deposit, Canara Bank FD interest rates attract a diverse customer base. Senior and super-senior citizens receive higher returns. Terms for deposits may be as short as 15 days or as long as 10 years, and all customers must start with a deposit of at least ₹1,000. You can get loans for up to 90% of your balance and make part withdrawals of ₹1,000. You can also explore fixed deposit interest rates in India to see which bank currently offers the highest return.
˜Top 5 plans based on annualized premium, for bookings made through https://www.policybazaar.com in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 6.9% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
18 Aug 2025
AU Small Finance Bank loan against FD allows you to use your
18 Aug 2025
DCB Bank loan against FD allows you to pledge your fixed deposit
18 Aug 2025
City Union Bank loan against FD lets you borrow up to 80% of
15 Aug 2025
Bank of Maharashtra loan against FD allows you to borrow up toInsurance
Calculators
Payment Methods
Secured With
Follow us on
