Public Sector Canara Bank Launched 400 Days term deposit with Highest Rates of 7.75% for Senior Citizen & General Public. The Minimum Deposits of Rs 15.00 Lakhs and maximum of Rs 200 Lakhs are required to get the highest rate of Interest on 400 Days Fixed Deposit. This rate of Interest is also applicable to NRI & NRO accounts also. Canara Bank Launched 400 Days Fixed Deposit and published the notifications on their website in this regard.
This is also to remember that the Term Deposits are Non Callable hence pre mature withdrawal are not permitted. The FD ROI are different for BRI & NRO accounts for callable & non callable deposits. They are :
Also Compare the Canara Bank Latest Fixed Deposit Interest Rates
Callable Deposit 400 Days ROI – 7.15% for General Public
Non Callable Deposits – ROI of 7.25%
Rate of Interest on Domestic Term Deposits
Callable Deposit 400 Days ROI – 7.15% for General Public & 0.50% extra for Senior Citizen
Non Callable Deposits – ROI of 7.25% or General Public & 0.50% extra for Senior Citizen
Also Know – Latest Fixed Deposit Rates in India – All Bank Updates