NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Business News / Canara Bank revises fixed deposit interest rates: Check new figures
    Summarize
    Next Article
    Canara Bank revises fixed deposit interest rates: Check new figures
    The new rates are effective immediately

    Canara Bank revises fixed deposit interest rates: Check new figures

    By Akash Pandey
    Dec 05, 2024
    05:37 pm

    What's the story

    Canara Bank has revised its fixed deposit (FD) interest rates for amounts less than ₹3 crore, effective December 1, 2024.

    The new rates now range between 4% to 7.40% for the general public and 4% to 7.90% for senior citizens on callable deposits.

    Callable FDs are those where investors have the option to withdraw their funds before maturity if they don't have a lock-in period.

    Long-term deposits

    FD rates for longer tenures

    For longer tenures, Canara Bank's FD rates go up to 6.85% on deposits maturing between one and two years, and 7.3% on those maturing between two and three years.

    The highest interest rate is offered on Canara Bank FDs for a tenure of three years and less than five years, with an interest rate of 8.14%.

    Rate comparison

    How Canara Bank's FD rates compare with other banks

    Punjab National Bank (PNB) offers FD rates between 3.5% and 6.5% for the general public for seven days to 10 years. For senior citizens, the rates can go up to 7.3% for the same period.

    ICICI Bank's FD rates vary between 3% and 10% for the general public for seven days to five years, with attractive returns of up to 7.80% offered to senior citizens on FDs maturing in 15-18 months.

    Other banks

    SBI and HDFC Bank's FD rates

    State Bank of India (SBI) offers FDs for seven days to 10 years at attractive interest rates of up to 7.50% for senior citizens on a duration of two-three years.

    HDFC Bank's FD rates range from 3% to 7% for seven days to 10 years, with the most lucrative one being 7.85% for a period ranging from two years and 11 months to 35 months.

    Rate revisions

    Other banks that have revised their FD rates

    Several other banks such as Karnataka Bank, YES Bank, IndusInd Bank, and IDFC FIRST Bank have also revised their FD rates recently.

    Karnataka Bank offers up to 7.50% on 375-day FDs while YES Bank has slashed its 18-month FD rate to 7.75% per annum.

    IndusInd Bank offers FD interest rates between 3.50% and 7.99% for tenures between seven days and 10 years, and IDFC FIRST Bank between 3% and 7.90% for the same timeframe.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Canara Bank
    HDFC Bank
    ICICI Bank
    IndusInd Bank

    Latest

    Carlos Alcaraz makes records with 7th ATP Masters 1000 title Carlos Alcaraz
    Beyond 'War 2': Exploring Jr NTR's future in Spy Universe Bollywood
    Shubman Gill surpasses 5,000 T20 runs with 93* versus DC Gujarat Titans
    Declan Rice's goal secures Champions League spot for Arsenal: Stats Arsenal FC

    Canara Bank

    Canara bank to raise Rs.1128 crore via rights issue Business
    Rename railway station names with colonial imprints: Shiv Sena Mumbai
    State Bank of India slashes rates by 50 basis points India
    MobiKwik may get $100 million funding from BlackRock and others India

    HDFC Bank

    Market valuation of top Indian firms skyrockets by ₹3.28 trillion Bharti Airtel
    TCS, HDFC Bank, Airtel, Infosys among world's top 100 brands Apple
    Sensex closes at 77,337 points, Nifty settles above 23,500 mark Stock Market
    M-cap of HDFC, ICICI, and Infosys soars by ₹1.06L crore ICICI Bank

    ICICI Bank

    HDFC Bank and LIC led market cap boost last week HDFC Bank
    Nifty, Sensex hit fresh high today: What's fueling the rally? HDFC Bank
    Sensex tanks 845 points, Nifty settles below 22,275 mark Stock Market
    SBI, ICICI Bank emerge as top performers in market capitalization Life Insurance Corporation of India

    IndusInd Bank

    Bharat Financial, IndusInd Bank sign exclusive merger talk deal India
    Pradeep Kharola replaces Rajeev Bansal as new Air India CMD Air India
    Odisha police freeze bank accounts of rich Odisha MLA Odisha
    Delhi Metro, IndusInd Bank introduced dual-purpose 'Metro Plus' card Delhi Metro Rail Corporation
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025