Rates verified from official source

Canara Bank Savings Account interest rates · October 2026

Canara's best Savings Account rate is 2.50% (Below ₹50 lakh), 2.50 points below the best on the market (5.00%).

  • Seniors: up to 4.00% (₹2000 crore & above).
Deposit amount

Showing 1 of 10 rates.

TenureGeneralSeniorApplies toEffective OnSource
Any tenure
Below ₹50 lakh
 2.50% 2.50% Below ₹50 lakh
5 Sept 2026
official
fetched 18 Oct 2026
✓ verified 19 Oct 2026

Higher Savings Account rates than Canara

8 nationwide banks pay more. Top picks:

Private Highest Bandhan 4.85% +2.35% vs Canara Payments Bank Fino 4.50% +2.00% vs Canara Small Finance Jana 4.50% +2.00% vs Canara

See every higher rate →

Canara Savings rate changes

Changes to Canara's savings account rates that RateScan.in has recorded since it started tracking them on 18 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

No change to Canara's savings account rates has been recorded since tracking started on 18 Sept 2026.

Canara Savings: frequently asked questions

What is the highest Canara Savings interest rate?

As of 19 Oct 2026, Canara Bank offers up to 4.00% p.a. on its savings account (₹2000 crore & above) for general customers. Rates below are as published by the bank — confirm with Canara before investing.

See today's top interest rates →

When did Canara last change its Savings rates?

RateScan.in has recorded no change to Canara Bank's savings account rates since it started tracking them on 18 Sept 2026.

Rate movements →

Is my savings account with Canara insured?

Deposits with Canara Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these Canara rates?

RateScan.in refreshed this dataset on 19 Oct 2026; the bank's rates shown here are effective 5 Sept 2026. Rates can change without notice, so verify on the official Canara website before investing.

Rate movements →

More Canara rates

Canara overviewCanara Fixed Deposit ratesCanara Recurring Deposit ratesCanara NRE FD ratesCanara FCNR(B) rates

Savings rates at other banks

ESAF Savings ratesIOB Savings ratesJana Savings ratesSurat Peoples Bank Savings ratesBandhan Savings ratesSouth Indian Savings ratesTNGB Savings ratesAPCOB Savings ratesJSKB Betul Savings ratesP&S Savings ratesBest Savings rates across all banks

Good to know

  • Deposits with Canara Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • Canara is a public sector bank, majority owned by the Government of India. Deposit insurance is still the DICGC cover above.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Canara, depending on the tenure.
  • Canara's FD table includes 8 special schemes; check eligibility and end dates.
official Effective 17 Mar 2026 · Ingested 18 Sept 2026 · Verified 19 Oct 2026 · View source

Informational only — always confirm the current rate on the official Canara website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.