Press Esc to close
Sunday 22 January 2017
News updated at 2:48 AM IST
Weather
Max: 28.9°C
Min : 15.3°C
In Bengaluru
Sunny day

Canara Bank hikes term deposit rates

Last updated: 11 December, 2010
Bangalore, Dec 11, DHNS:

Canara Bank has raised the domestic term deposit rates across various maturities.

The rates are up by 125 basis points (bps) for 90 days and 50 basis points for 1 year for all retail term deposits below Rs1 crore. On its special offer of 555 days deposits, the Bank offers rate of 8.30 per cent and for 1000 days deposits the rate is 8.60 per cent with effect from December 13, 2010. The Bank pays an additional 0.50 per cent interest to senior citizens for deposits of less than 5 years and additional 1 per cent interest for deposits of 5 years and above for deposits of less than Rs 1 crore.

New base rate

Canara bank, has also revised its bench mark prime lending rate (BPLR) upwards by 75 basis points (bps) from 12.50 per cent to 13.25 per cent with effect from (w.e.f) December 13. The upward revision in interest rate is applicable to the borrowers under BPLR regime. The Bank has also revised its base rate upwards by 50 bps from 8.50 per cent to 9 per cent with effect from the same date.

 

Go to Top

Photo Gallery
Youngstres and Students during the protest to Lift ban on jallikattu and impose ban on PETA...

Youngstres and Students during the protest to Lift ban on jallikattu and impose ban on PETA...

Hot air balloons fly during the 39th International Hot Air Balloon Week in Switzerland...

Hot air balloons fly during the 39th International Hot Air Balloon Week in Switzerland...

An Iranian firefighter removes debris of the Plasco building which was engulfed by a fire...

An Iranian firefighter removes debris of the Plasco building which was engulfed by a fire...

Indian film director and classical dancer, Aishwarya Rajinikanth Dhanush at the Jaipur...

Indian film director and classical dancer, Aishwarya Rajinikanth Dhanush at the Jaipur...

The cast of Kung Fu Yoga, from left, Miya Muqi, Disha Patani, Jackie Chan, Amyra Dastur...

The cast of Kung Fu Yoga, from left, Miya Muqi, Disha Patani, Jackie Chan, Amyra Dastur...

Women take part in the #IWillGoOut rally, to show solidarity with the Women's March in Washington...

Women take part in the #IWillGoOut rally, to show solidarity with the Women's March in Washington...

Archaeological Survey of India workers conducting restoration work at Taj Mahal in Agra...

Archaeological Survey of India workers conducting restoration work at Taj Mahal in Agra...

Military Police Daredevils perform during a rehearsal for the Republic Day parade at Rajpath...

Military Police Daredevils perform during a rehearsal for the Republic Day parade at Rajpath...

An Olive-backed Sunbird feeds its two babies insects in their nest in Klang, Selangor, Malaysia...

An Olive-backed Sunbird feeds its two babies insects in their nest in Klang, Selangor, Malaysia...

Winner of Oriflame Face of North-East-2017 Michelle Kynta (M), 1st runner up Anjusha Saikia...

Winner of Oriflame Face of North-East-2017 Michelle Kynta (M), 1st runner up Anjusha Saikia...

Like us on Facebook

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523