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Fixed Deposit

Canara Bank Fixed Deposit: Key Features and Rates 2024

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Summary

Canara Bank, founded in Mangalore in 1906 and headquartered in Bengaluru, offers diverse fixed deposit schemes featuring competitive interest rates, flexible tenures, and additional benefits for senior citizens. The blog covers eligibility, required documentation, and multiple ways to open accounts online or offline. It also explains the conditions for premature FD withdrawal.

Key Takeaways

  • Offers FD options from 7 days to 10 years with competitive rates.
  • Provides additional benefits for senior citizens and accessible loans.
  • Multiple account opening channels: Internet, mobile app, and branch.
  • Includes specialized schemes like tax saver and re-investment plans.

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