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Canara Bank Interest Rates & Financial Calculators

Compare FD, RD, and loan rates with our calculators

Complete guide to Canara Bank interest rates for FD, RD, and loans. Use our calculators to plan your investments and loans better.

Best FD Rate

7%

Home Loan Rate

7.3%

Bank Type

public

Last Updated

Oct 2025

Best FD Rate: 7% for Senior Citizens
General Rate: 6.5% for all citizens
Min FD Amount: ₹1K only
Min RD Amount: ₹100 monthly
Home Loan Rate: From 7.3%
Personal Loan: From 11.25%
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
Tax Deduction: TDS applicable if interest exceeds ₹40,000 per annum
Online Banking Available
Loan Against FD: Up to 90%
Government-owned bank with strong security
Wide branch network across India
Competitive interest rates
Canara Shikhar special scheme (444 days)
Online FD booking facility
Senior citizen benefits
Best FD Rate: 7% for Senior Citizens
General Rate: 6.5% for all citizens
Min FD Amount: ₹1K only
Min RD Amount: ₹100 monthly
Home Loan Rate: From 7.3%
Personal Loan: From 11.25%
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
Tax Deduction: TDS applicable if interest exceeds ₹40,000 per annum
Online Banking Available
Loan Against FD: Up to 90%
Government-owned bank with strong security
Wide branch network across India
Competitive interest rates
Canara Shikhar special scheme (444 days)
Online FD booking facility
Senior citizen benefits

Latest Canara Bank Interest Rates

Deposits (FD & RD) Interest Rates

Canara Bank Fixed Deposit Rates

Latest Canara Bank Fixed Deposit interest rates for all tenures. Compare general and senior citizen rates.

Type/TenureGeneral RateSenior Citizen Rate
7-45 days
3.25%3.25%
46-90 days
4.25%4.25%
91-179 days
4.5%4.5%
180-269 days
5.5%6%
270 days to less than 1 Year
5.75%6.25%
1 Year & above to 1 year 3 months Only
6.25%6.75%
444 Days
6.5%7%
Above 1 Year 3 months to less than 2 Years
6.25%6.75%
2 Years & above to less than 3 Years
6.25%6.75%
3 Years & above to less than 5 Years
6.25%6.75%
5 Years & above to 10 Years
6.25%6.75%

Canara Bank Recurring Deposit Rates

Latest Canara Bank Fixed Deposit interest rates for all tenures. Compare general and senior citizen rates.

Type/TenureGeneral RateSenior Citizen Rate
7-45 days
3.25%3.25%
46-90 days
4.25%4.25%
91-179 days
4.5%4.5%
180-269 days
5.5%6%
270 days to less than 1 Year
5.75%6.25%
1 Year & above to 1 year 3 months Only
6.25%6.75%
444 Days
6.5%7%
Above 1 Year 3 months to less than 2 Years
6.25%6.75%
2 Years & above to less than 3 Years
6.25%6.75%
3 Years & above to less than 5 Years
6.25%6.75%
5 Years & above to 10 Years
6.25%6.75%

Loan Interest Rates

Canara Bank Loan Interest Rates

Current Canara Bank loan interest rates and processing fees for different loan types.

Type/TenureMin RateMax RateProcessing Fee
Home Loan
7.3%9.3%0.5% of loan amount + GST
Personal Loan
11.25%15.5%1% of loan amount + GST
Car Loan
8.75%10.25%0.5% of loan amount + GST
Education Loan
8.5%10.5%Nil for loans up to ₹7.5 lakhs
Business Loan
9%12.75%0.75% of loan amount + GST
Two Wheeler Loan
9.5%12%₹1,000 + GST
Gold Loan
7.35%8.85%₹500 + GST

Why Choose Canara Bank?

Discover the advantages of banking with one of India's most trusted financial institutions

Competitive Rates

Up to 7% returns on Fixed Deposits with attractive rates for all tenures

Bank Security

Government-backed security with deposit insurance up to ₹5 lakhs

Digital Banking

Advanced mobile banking, online FD booking, and instant loan approvals through digital channels

Customer Service

24/7 customer support with extensive branch network and dedicated relationship managers

Additional Benefits

Loan against FD up to 90% of deposit value
Senior citizen benefits with higher interest rates
Flexible tenure options from 7 days to 10 years
Auto-renewal facility for continuous growth
Premature withdrawal with minimal penalty
Tax-saving FD options available under 80C

Interest rates last updated: Oct 2025