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Canara Bank FD Calculator

₹5,000₹1,00,00,000
1%15%
%
1 year25 years
Invested Amount:
5,000
Estimated Return:
4,386
Total Amount
9,386
Invested Amount:
5,000
Estimated Return:
4,386

Canara Bank FD Calculator

Fixed Deposits (FDs) are among the safest investment options, offering guaranteed returns with minimal risk. Canara Bank, a trusted public sector bank, provides competitive FD interest rates across various tenures. The Canara Bank FD Calculator on this page helps you estimate the maturity amount and interest earned on your fixed deposit based on the investment amount, tenure, and applicable interest rate.

Features of the Canara Bank Fixed Deposits Calculator

  • Accurate Maturity Calculation: Get precise estimations of your total maturity amount and interest earned based on your input values.
  • Customizable Inputs: Choose your deposit amount, tenure, and applicable interest rates for personalized results.
  • Compounding Frequency: The tool accounts for different compounding intervals, ensuring accurate calculations (monthly, quarterly, or yearly compounding).
  • User-Friendly Interface: An intuitive and simple design, making it easy for anyone to use.

How to Use the Canara Bank FD Calculator?

  • Enter the Principal Amount: Input the amount you wish to invest in a Canara Bank FD.
  • Select the Tenure: Choose the duration of the FD, from a minimum of 7 days to a maximum of 10 years.
  • Choose the Interest Rate: The calculator will automatically display the current interest rate for Canara Bank FDs. You can adjust this based on the specific scheme.
  • Select Compounding Frequency: Choose how often the interest is compounded—monthly, quarterly, or annually.
  • Click 'Calculate': Instantly view the maturity amount and total interest earned.

Canara Bank FD Interest Rates 2025

Canara Bank offers attractive interest rates across various FD tenures, making it an ideal choice for both short-term and long-term investments.

TenureInterest Rate (General Public)Interest Rate (Senior Citizens)
7 days to 45 days3.25%3.75%
46 days to 90 days3.75%4.25%
91 days to 179 days4.25%4.75%
180 days to 1 year5.25%5.75%
1 year to 2 years6.00%6.50%
2 years to 3 years6.25%6.75%
3 years to 5 years6.50%7.00%
5 years to 10 years6.75%7.25%

Why Choose Canara Bank Fixed Deposits?

  • Attractive Interest Rates: Canara Bank offers competitive rates for both regular and senior citizens, maximizing your returns.
  • Flexible Tenure Options: With tenures ranging from 7 days to 10 years, you can choose the FD that best suits your financial goals.
  • Safety & Security: Canara Bank, being one of the top public sector banks in India, ensures that your investment is safe and returns are guaranteed.
  • Premature Withdrawal Facility: Canara Bank allows premature withdrawal of FDs, although penalties may apply.

Canara Bank FD Interest Rate Calculation Formula

The interest earned on a Canara Bank FD can be calculated using the following formula: A = P (1 + r/n)^(nt) Where:
A = Maturity Amount
P = Principal Amount (deposit)
r = Annual Interest Rate
n = Compounding frequency (quarterly, monthly, or annually)
t = Time period (tenure of the FD)

Benefits of Using Our Canara Bank FD Calculator

Time-Saving: Calculate your potential returns in seconds without manual computations.
Tailored Results: Adjust the inputs based on the FD scheme you're interested in to get accurate estimates.
Improved Financial Planning: Knowing the exact maturity amount helps you plan your investments better.