Fixed deposits are extremely popular investment instruments for risk-averse investors as they promise guaranteed returns. Another reason for their popularity is the flexibility they offer in terms of investment tenor and the amount you plan to park in the scheme. 


However, to optimise your returns, it is essential to choose a fixed deposit scheme that offers higher returns and aligns with your financial goals. With the Canara Bank FD calculator, you can determine the returns you will receive when you invest in the bank’s FD.

Read on to know more about how to use the Canara Bank fixed deposit calculator, as well as its features and benefits.

Canara Bank Fixed Deposit Calculator

Deposit Amount
Interest Rate
Interest Payout
Your Total Maturity Amount is
Your Total Maturity Amount is
Total Investment
Total Interest Earned

Canara Bank Fixed Deposit Interest Rates

The following table provides details about the interest rate offered by Canara Bank on callable fixed deposits of different tenors: 


General Public (p.a.)

Senior Citizens (p.a.)

7 Days to 10 Years

4.00% - 7.25%

4.00% - 7.75%

Disclaimer: These interest rates are as of October 2023 and may vary based on the issuer’s discretion.  

Benefits of a Canara Bank FD Calculator

Here are some of the advantages that you can enjoy when you use the Canara Bank fixed deposit calculator:

1. Provides Accurate Returns

While you can calculate FD returns manually using a mathematical formula, there is always scope for human error. By using the Canara Bank FD calculator, you can avoid mistakes in your calculations. 

2. Saves Time 

You can easily use the FD calculator to determine the maturity and the interest amount instantly. Simply enter the amount you plan to invest, the applicable interest rate, and the tenor of your choice to estimate your returns.

3. Allows Convenient Comparison

You can also use the Canara Bank FD calculator to determine the returns of different FD schemes offered by the bank. Comparing multiple FD schemes using the manual calculation method will be tiresome and exhausting.

4. Helps Make Informed Decisions

By easily comparing different schemes, you can make an informed decision about which one to choose. All you have to do is tweak certain parameters of the calculator to arrive at a suitable option that best aligns with your objectives.


In conclusion, a Canara Bank FD Calculator is a valuable tool that helps you decide which FD scheme to choose. As there are no limits to free calculations available, you can use this online tool to compare different FD schemes and choose the one that offers the best returns.


If you plan to invest in fixed deposits, browse multiple FD issuers on Bajaj Markets. Choose a plan that best suits your goals and maximise your gains in just a few clicks.


The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. 

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products. 

Read More

FAQs on the Canara Bank FD Calculator

To calculate your FD returns using the Canara Bank FD calculator, you need to add three variables. These include the initial amount of investment, the investment horizon, and the interest rate offered by the issuer.

Yes, you can calculate the maturity amount as well as the interest that you can earn using the Canara Bank FD calculator.

On fixed deposits having a tenor of 10 years, the Canara Bank offers an interest rate of 6.70% p.a. for the general public. However, senior citizens can enjoy an additional interest rate of 0.50% on this scheme.

The minimum amount that you can invest in a Canara Bank fixed deposit is ₹1,000. As far as the maximum amount is concerned, the bank has kept no ceiling. 

Invest In Other Products

Calculate FD Interest
Earn interest up to 8.60% p.a. by investing in a Bajaj Finance Fixed Deposit | Rated CRISIL AAA/ STABLE and [ICRA]AAA(stable) Invest Now
Loan Offer
Download App
Credit Score