Canara Bank revises deposit rates upwards
Canara Bank has increased its domestic term deposit rates upwards by 0.5 to one per cent.india Updated: Feb 01, 2006 13:47 IST
Canara Bank has increased its domestic term deposit rates upwards by 0.5 to one per cent, with effect from Thursday.
The new rates announced by the bank in a release were:
For deposits from seven days to 14 days - four per cent (earlier-3.5 per cent), for 15 to 45 days - 4.5 per cent (4.25), for 46 days to 90 days - five per cent (five), for 91 days to 179 days - 5.5 per cent (five), for 180 days to less than a year - 5.5 per cent (5.5), for one year to less than two years - six (5.75), for two years to less than three years - 6.25 per cent (six), for three years to less than five years - 6.5 per cent (six) and for five years and above 6.