In case you need a restricted period, low-risk investment with a reasonable return, the Canara Bank 310-Day Fixed Deposit (FD) Scheme 2025 is just your thing. This exclusive FD scheme has been tailor-made for the conservative investor category who wish to be assured of safe and secure growth for their savings without having to tie up funds for Years.
What Is the 310-Day FD Scheme?
The FD of Canara Bank for 310 Days was introduced in 2025 and is a fixed deposit plan of limited period that provides a higher rate of interest than that of normal savings deposits. The scheme is perfectly suited for wage earners, retirees, and clients engaged in short-term savings who wish to receive guaranteed returns along with very low risk.
Key Features & Returns – Summary
| Feature | Details |
|---|---|
| Tenure | 310 Days (Approx. 10 Months) |
| Minimum Investment | ₹2,000 |
| Maximum Investment | Up to ₹2 Crore |
| Interest Rate (General) | 7.15% per annum |
| Interest Rate (Senior Citizens) | 7.65% per annum |
| Interest Payout | On Maturity |
| Scheme Validity | Limited Period in 2025 |
| Premature Withdrawal | Allowed with nominal penalty |
Benefits of the Canara Bank 310-Day FD
- Short-Term Commitment: Lock-in period set at under 1 year
- Higher Interest Rates: Much better than the regular FDs or savings accounts
- Safe Investment: A reliable public sector bank is backing it
- Senior Citizen Advantage: Users get an additional 0.50% interest rate
- Flexible Investment Size: The minimum amount is ₹2,000
Who Should Invest?
- Individuals having short-term financial goals
- Retirees wanting safe and fixed income
- Salaried professionals who have planned for their upcoming expenses
- Anyone looking for better returns than what is offered by a savings account.
Final Thoughts
The Canara Bank 310-Day FD Scheme 2025 is a brilliant choice for those who want to make a quick profit without taking a risk. Interest rates as high as 7.65% and various investment options make it a safe and sound way to grow your money. However, hurry up because it’s a time-limited offer! Therefore, you may either visit the nearest Canara Bank branch or log on to their official website for investing today.
