Canara Bank FD/KD/RD/NNND/CARD Form PDF

PDF Name	Canara Bank FD/KD/RD/NNND/CARD Form
No. of Pages	4
PDF Size	0.07 MB
Language	English
Tags	Application Form
PDF Category	Banking & Finance
Source / Credits	canarabank.com
Uploaded By	Pradeep

Canara Bank FD/KD/RD/NNND/CARD Form - Summary

This is an Application for open a Fixed Deposit/Recurring Deposit and form.

2. TERM DEPOSITS
A. Domestic	Rate of Interest (%) p.a.
	For Deposits less than Rs.2 Crore w.e.f. 07.05.2020
Term Deposits (All Maturities)	General Public		Senior Citizen
Term Deposits (All Maturities)	Rate of Interest (% p.a.)	Annualised Interest yield **	Rate of Interest (% p.a.) #	Annualised Interest yield **
7 days to 45 days*	4.00	4.06%	4.00	4.06%
46 days to 90 days	4.50	4.58%	4.50	4.58%
91 days to 179 days	4.50	4.58%	4.50	4.58%
180 days to less than 1 Year	5.10	5.20%	5.60	5.72%
1 year only	5.75	5.88%	6.25	6.40%
Above 1 year to less than 2 years	5.75	5.88%	6.25	6.40%
2 years & above to less than 3 years	5.75	5.88%	6.25	6.40%
3 years & above to less than 5 years	5.70	5.82%	6.20	6.35%
5 years & above to 10 Years	5.70	5.82%	6.20	6.35%
* Rates are applicable only for single deposit of Rs.5 Lakh & above. Minimum period for renewal of domestic/NRO term deposits is 7 days irrespective of the size of deposit. Below Rs.5 Lakh, Minimum tenor of deposit is 15 Days. # Additional interest of 0.50% for Senior Citizens is to be made available for Deposits (Other than NRO/NRE and CGA Deposits) less than Rs. 2 Cr and with tenor of 180 Days and above. Approximate Annualized Yield in % terms at the beginning of the slab. Effective Annualized rate of return on Bank’s Re-investment Deposit Plan (Kamadhenu Deposit) is based on quarterly compounding of interest. Bank Offers 5.70 % p.a. for Canara Tax Saver Deposit scheme (General Public). Maximum deposit acceptable is Rs 1.50 Lakh. The above Rate of interest is applicable to Recurring deposits also.**