Canara Bank revises term deposit rates

The revised interest rate for tenors 91 days to 179 days from 6 per cent to 7 per cent; 180 days to less than one year from 7 per cent to 8.25 per cent.

Deposits of one year to less than two years from 8.25 per cent to 9.50 per cent; two years to less than 3 years from 8.75 per cent to 9.50 per cent; three years to less than five years from 8.50 per cent to 9 per cent and five years and above from 8.50 per cent to 9 per cent.

 

The bank is also offering 0.50 per cent more for senior citizens on the revised rates, the bank said in a statement.