Canara bank revises interest rates on term deposit

Dimapur, June 11 (EMN): The Canara bank has informed that the bank has revised rates on term deposits above one year to less two years, 444 days, and 555 days period w.e.f. May 28. The revise rate for maturity slabs less than INR 1 crore as; above 1 year to less than two years - 7%, for 444 days - 7.05%, and for 555 days - 7.10 %. Additional interest of 0.50 % has been extended to senior citizens for their domestic term deposits, the bank informed.