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Canara Bank Launched FD Scheme For 333 Days And You Will Get 5.60% Rate Of Interest

Canara Bank Special FD Scheme: Reserve Bank of India has...

Canara Bank Special FD Scheme: Reserve Bank of India has increased the repo rate twice in the last few days. This move of the Reserve Bank is being seen as a step to control rising inflation. Since then, all the banks have increased their loan interest rates.

Along with this, customers are now giving higher interest rate on Saving Account and Fixed Deposit Scheme. Since then, many banks have launched their FD schemes. The country’s largest public sector bank Canara Bank has started a special scheme to give special benefits to its customers.

How long will the FD be
This special FD scheme has been started for 333 days. If you deposit less than 2 crores in this scheme, you get an interest rate of 5.10 percent in 333 days. While giving special benefits to senior citizens, it is getting an interest rate of 5.60 percent. In this, senior citizens are getting an extra benefit of 0.50 percent. This scheme has been launched till 30 September 2022. Keep in mind that there has been no change in the interest rates for the rest of the period. This interest rate is only for FD of 333 days. Dhyan Senior Citizen will get 0.50 percent higher interest rate.

The interest rate available to the common people on the FD of Canara Bank-

  • 7 to 45 days-2.90%
  • 46 days to 90 days-4.00%
  • 91 days to 179 days-4.05%
  • 180 days to 269 days-4.50%
  • 270 days to less than 1 year – 4.55%
  • FD of 333 days – 5.10%
  • 1 year-5.30%
  • 1 to 2 years – 5.40%
  • 2 to 3 years-5.45%
  • 3 to 5 years -5.70%
  • 5 to 10 years – 5.75%

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