After the revision, the bank offers interest rates between 4% and 7.40% for the general public and 4% and 7.90% for senior citizens on callable deposits.
The bank is now offering 4% interest on deposits maturing between 7 and 45 days, and 5.25% interest on deposits maturing between 46 and 90 days. Canara Bank currently offers 5.5% interest on deposits maturing in 91 to 179 days and 6.25% interest on term deposits maturing between 180 and 269 days.
FD interest up to 8.47%: Here are 5 top corporate FDs offering high interest
Deposits maturing between 270 days and less than a year now earn a 6.25% interest rate. Fixed deposits maturing in one year will earn a 6.85% interest rate. The bank offers an interest rate of 7.25% on deposits maturing in 444 days.
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