The revised interest rate schedule for deposits of less than Rs. 15 lakh is: 15-45 days- 4.25; 46-90 days - 5; 91-179 days - 6; 180 days to less than one year - 6.50; one year to less than two years - 7; two years to less than three years - 7.25 per cent; three years and above - 7.50. For senior citizens, interest rates on term deposits would be one per cent over the rates applicable for domestic term deposits, a Canara bank release said.
For NRE deposits, the revised interest schedule is: 6 months and above to less than 1 year - 6.50; 1 year & above to less than 2 years - 7; 2 years & above to less than 3 years - 7.25; 3 years and above - 7.50. The bank also offers differential interest rate of 0.25 per cent on term deposits of Rs 15 lakh and above to less than Rs 1 crore for all maturities.