Archive · 8 Aug 2025
Canara Bank Revises FD, Savings Rates; New Rates Take Effect
Canara Bank is changing how much interest you earn on savings accounts and fixed deposits.
They've adjusted the rates for both regular customers and senior citizens, starting August 7, 2025.
If you have money in a fixed deposit, you could earn between 3.25% and 6.50% if you're a regular customer or 3.25% to 7% if you are a senior citizen.
They also adjusted interest rates on savings accounts, meaning the interest rates will now range from 2.55% and 4%.
Canara Bank has revised fixed deposit (FD) rates for general customers and senior citizens.
The new FD rates are effective from August 7, 2025.
General customers will receive rates between 3.25% and 6.50% on deposits under Rs 3 crore.
Senior citizens will get rates ranging from 3.25% to 7% on select tenors.
Savings account interest rates have also been revised, now ranging from 2.55% to 4%.
- Who
- Canara Bank revised rates for general customers and senior citizens.
- What
- Canara Bank revised its fixed deposit and savings account rates.
- When
- Effective August 7, 2025.
- Where
- Canara Bank.
- Why
- To adjust lending rates for various deposit products.
- Bank
- Canara Bank
- Effective Date
- August 7, 2025
- General Customer FD Rate Range
- 3.25% - 6.50%
- Senior Citizen FD Rate Range
- 3.25% - 7%
- Savings Account Rate Range
- 2.55% - 4%
