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Eligibility calculator

Eligibility calculator

Canara Bank NRO Scheme

The Canara Bank NRO tenure ranges from min 7 Days to max 10 Year 2 Days . The ROI ranges from 2.90% to 5.75 % for the general public. The lock-in period for this scheme is 5 Year

Canara Bank NRO Scheme for amount below ₹ 2.0 Cr

The rate of interest for deposited amount less than ₹ 2.0 Cr is as below

Tenure

Interest Rate for General Public (p.a.)

Interest Rates for Senior Citizens (p.a.)

7 Days Upto 1 Months 15 Days

2.90% p.a.

2.90% p.a.

1 Months 16 Days Upto 3 Months

4.00% p.a.

4.00% p.a.

3 Months 1 Days Upto 5 Months 29 Days

4.05% p.a.

4.05% p.a.

6 Months Upto 8 Months 29 Days

4.65% p.a.

5.15% p.a.

9 Months Upto 1 Year

4.65% p.a.

5.15% p.a.

1 Year 1 Days Upto 2 Year

5.55% p.a.

6.05% p.a.

2 Year Upto 3 Year

5.60% p.a.

6.10% p.a.

3 Year Upto 5 Year 1 Days

5.75% p.a.

6.25% p.a.

5 Year 1 Days Upto 10 Year 2 Days

5.75% p.a.

6.25% p.a.

Upto 1 Year

5.50% p.a.

6.00% p.a.

Key features of Canara Bank NRO Scheme

Summary of Canara Bank NRO Scheme features :

Mutual Fund Schemes

NRO

CRISIL Rating

AA+CRISIL Rating

Lock-in Days

5 Year

Loan Against FD

NA

Pre-mature Withdrawal

--

FD Nominee

Yes

Tenure

7 Days to 10 Year 2 Days

General Public

2.90% to 5.75 %

Senior Citizen

2.90% to 6.25 %

Amount

--

*Interest rates are subject to change at the discretion of the bank. These Interest rates are with effect from 10 November 2021.