Latest Canara Bank Fixed deposit interest rates 2013

Canara bank provides decent interest rates to its investors for fixed deposits. For a year the maximum interest rate is 8.50 percent but for over a year, it's 9 and slightly over 9 in a few cases. If carefully observed, the interest rates are less for over 5 years.

The rates are even less in some cases as they approach the maximum tenure of 10 years, this is because of the estimation of repo rates which might fall in a few years. So, the bank keeps the scope of these declining rates and puts the interest rates slightly low as a fallback security in long term cases ranging from 5 to 10 years.

Interest Rates for Canara bank saving account is 4% same like other Indian Banks.

Short Canara Bank FD Rates Table:

Name Of Bank 6 Month -1 Year 1-2 Years 2-3 Years 3-5 Years Above 5 years
Canara Bank 7.25-8.50% 9.00-9.10% 9.00% 9.00% 8.75-9.00%

Canara Bank Fixed deposit interest rates For amount Below 1 Crore:

Canara Bank Fixed deposit interest rates For amount Below 1 Crore
Canara Bank Fixed deposit interest rates For amount Above 1 Crore:

Canara Bank Fixed deposit interest rates For amount Above 1 Crore

From Tables, you can understand Canara Bank provides high interest rates for the duration above 6 months.