Canara Bank offers fixed deposit interest rates ranging from 3.00% to 6.60% p.a. for general citizens on tenures spanning 7 days to 10 years. Senior citizens can earn up to 7.10% p.a. The bank also offers a range of FD schemes, including the Canara Green Deposit Scheme, Canara Kamadhenu Deposit, and Canara Ashraya Deposit Scheme.
A Canara Bank FD is a reliable investment tool that combines capital safety with attractive yields, offering flexible tenures from 7 days to 10 years. Canara Tax Saver FD rates are 6.25% p.a. for general citizens and 6.75% p.a. for senior citizens. Other special FD schemes include 444-Day or 555-Day Deposit, Canara Green Deposit Scheme, Canara Kamadhenu Deposit, and Canara Ashraya Deposit Scheme. Eligible senior citizens receive an additional interest of up to 0.50% p.a., while eligible super senior citizens receive up to 0.60% p.a. on applicable domestic term deposits, subject to the bank's terms and conditions. Standard FDs start at ₹1,000, with flexible tenures, different interest payout options, and the option to take a Canara Bank loan against FD.
For NRIs looking to maximise their global earnings, checking the latest Canara Bank NRE account benefits is essential to ensure your foreign income grows with similar tax-free advantages and competitive interest rates. Eligible bank deposits are insured up to ₹5 lakh per depositor by the Deposit Insurance and Credit Guarantee Corporation (DICGC).
7 days to 10 years
₹1000
No Maximum Limit
Monthly, quarterly, half-yearly, annually, & cumulative
Available
Up to 90% of the deposit amount
As per Income Tax rules
Rs 1,000 units allowed as part withdrawal
Canara Bank has revised interest rates, now offering rates of up to 6.50% p.a. for regular customers and 7.00% p.a. for senior citizens on 444-day term deposits, effective from August 7, 2025.
Below are the Canara Bank FD interest rates for different tenures and deposit slabs. Rates can vary depending on tenure, amount, and customer category:
| Tenure | Regular Rates | Senior Citizen |
| 365 Days to 0 Days | 6.85% | 7.35% |
| 444 Days to 0 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 365 Days | 6.25% | 6.75% |
| 365 Days to 730 Days | 6.85% | 7.35% |
| 730 Days to 1095 Days | 6.85% | 7.35% |
| 1095 Days to 1825 Days | 6.80% | 7.30% |
| 1825 Days to 3650 Days | 6.70% | 7.20% |
| Tenure | Callable Rate ( p.a.) | Non-Callable Rate (p.a.) |
| 7 Days to 14 Days | 3.00% | NA |
| 15 Days to 30 Days | 3.00% | NA |
| 31 Days to 45 Days | 3.00% | NA |
| 46 Days to 90 Days | 4.00% | 4.03% |
| 91 Days to 120 Days | 4.25% | 4.28% |
| 121 Days to 179 Days | 4.25% | 4.28% |
| 180 Days to 269 Days | 5.25% | 5.28% |
| 270 Days to Less than 1 Year | 5.50% | 5.53% |
| 1 Year Only | 6.20% | 6.23% |
| Above 1 Year to 1 Year 3 Months | 6.20% | 6.23% |
| Above 1 Year 3 Months to Less than 2 Years | 6.20% | 6.23% |
| 2 Years to Less than 3 Years | 5.50% | 5.53% |
| 3 Years to Less than 5 Years | 5.00% | 5.03% |
| 5 Years to 10 Years | 5.00% | 5.03% |
*Canara Bank FD interest rates w.e.f July 13, 2026.
| Bank Name | Lowest Rate | Highest Rate |
| State Bank Of India | 3.05% | 6.45% |
| ICICI Bank | 2.75% | 6.5% |
| HDFC Bank | 2.75% | 6.45% |
| Axis Bank | 3% | 6.45% |
| Punjab National Bank | 3% | 6.4% |
| Kotak Mahindra Bank | 2.75% | 6.7% |
| Yes Bank | 3.25% | 7% |
| IndusInd Bank | 3.25% | 7% |
| Indian Bank | 2.8% | 6.45% |
| Union Bank of India | 2.75% | 6.3% |
| Bank of India | 3% | 6.7% |
| Canara Bank | 4% | 7.25% |
| IDFC Bank | 3% | 7% |
| IDBI Bank | 3% | 6.55% |
| Indian Overseas Bank | 2.9% | 6.6% |
| Bank of Maharashtra | 2.6% | 6.65% |
| Central Bank of India | 3% | 6.5% |
| Punjab and Sind Bank | 2.85% | 6.6% |
| UCO Bank | 2.9% | 6.45% |
| RBL Bank | 3.5% | 7.2% |
| PNB Housing Finance | 3.25% | 6.6% |
| Federal Bank | 3% | 6.75% |
| Bandhan Bank | 2.95% | 7.2% |
| South Indian Bank | 2.9% | 6.6% |
| Karur Vysya Bank | 4% | 6.65% |
| Tamilnad Mercantile Bank | 4% | 7.1% |
| Karnataka Bank | 3.5% | 6.65% |
| Abhyudaya Cooperative Bank | 3.75% | 6.35% |
| Shriram Finance Ltd | 6.85% | 7.5% |
| Bajaj Finance Ltd | 6.6% | 7.4% |
| Mahindra Finance Ltd | 6.4% | 7.25% |
| AU Small Finance Bank | 3.5% | 7.4% |
| Fincare Small Finance | 3% | 8.61% |
| Utkarsh | 4% | 7.5% |
| Unity Small Finance Bank | 4% | 7.25% |
| Suryoday Small Finance Bank | 4% | 8.1% |
| DCB Bank | 6% | 7.5% |
| Equitas Small Finance Bank | 3.5% | 7.3% |
| ESAF Small Finance bank | 2.75% | 7.6% |
| Karnataka Grameena Bank | 3.25% | 6.6% |
| North East Small Finance bank | 3.5% | 7.75% |
| Saraswat Bank | 3.25% | 6.9% |
| Shivalik Small Finance Bank | 3.5% | 7.5% |
| Ujjivan Small Finance Bank | 3.5% | 7.8% |
*FD interest rates w.e.f. September 2026 (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 branch.
Canara Bank FDs are available for:
With multiple FD options like Green Deposit, Tax Saver FD, and the 444 days Canara Bank Special FD Scheme, Canara Bank FD interest rates range from 6.60% p.a. for general citizens to 7.10% p.a. for senior citizens, to attract a diverse customer base. Key schemes include the cumulative Kamadhenu Deposit, the tax-saving Scheme, the environment-focused Green Deposit Scheme, and the Ashraya Deposit Scheme for seniors. With a low minimum deposit of just ₹1,000, you have the benefit of flexible tenures from 15 days to 10 years with multiple interest payout choices, a partial withdrawal option, and the facility to secure a loan against FD.
10 Feb 2026
Fixed Deposit (FD) interest rates in India currently range from
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI 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 7.4% 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
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
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