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Canara Bank Changes The Interest on Fixed Deposits; New FD Rates Come Into Effect From October 1, 2020

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Canara Bank changes the interest on fixed Deposits; new FD rates come into effect from October 1, 2020

 


Canara Bank has changed the interest rates on fixed deposits (FD) from less than Rs 2 crore. The bank has raised interest rates on some FDs while cutting interest rates on some FDs. The bank has cut interest on 1-year FD. Now you will get a 5.30% interest on FD maturing in 1 year. Earlier it used to get 5.40 interest. We are telling you what has been the change in interest rates. The new interest rates have come into effect from October 1, 2020.

 

How much interest will be received on FD


Canara Bank has changed the interest rates on fixed deposits (FD) from less than Rs 2 crore. The bank has raised interest rates on some FDs, while cutting interest rates on some FDs. The bank has cut interest on 1-year FD. Now you will get 5.30% interest on FD maturing in 1 year. Earlier it used to get 5.40 interest. We are telling you what has been the change in interest rates. The new interest rates have come into effect from October 1, 2020. How much interest will be received on FD



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