AU vs Canara FD Rates October 2026

AU offers up to 7.40% p.a. · Canara up to 7.03% p.a. · Side-by-side across all tenures, general & senior citizen rates.

FD Rate Comparison — All Tenures

Highlighted cells show the higher rate for each tenure. Dataset refreshed 1 Oct 2026.

1-year FD winner AU 7.10% vs 6.85%
Savings account Canara
Tenure AU Canara
GeneralSenior GeneralSenior
6 months 6.35% 6.85% 6.28% 5.85%
1 year 7.10% 7.60% 6.85% 6.85%
2 years 7.10% 7.60% 6.78% 6.85%
3 years 7.00% 7.50% 6.88% 6.75%
5 years 6.75% 7.25% 7.03% 6.75%

Rates for retail deposits below ₹3 crore. Senior citizen rate typically +0.25–0.50% p.a. Green cells show the higher general rate for each tenure. Calculate your maturity amount →

Savings Account Rates

AU
—
vs
Canara
2.70% p.a.

Which bank should you choose?

AU is a small finance bank that typically posts higher FD rates to attract retail deposits. Canara is a public sector bank with a broader product range and wider branch reach. AU holds a slim rate advantage right now. For most depositors the difference is modest; branch proximity and existing banking relationships are equally worth weighing.

This is informational only — always verify the current rate on the bank's official website and consult a financial adviser for personalised guidance.

About These Banks

AU Small Finance Bank

Type
Small Finance Bank
HQ
Jaipur
Est.
2017
Best FD rate
7.40% p.a.
DICGC insured
Yes (up to ₹5 lakh)
Full profile
AU deposit rates →

Canara Bank

Type
Public Sector Bank
HQ
Bengaluru
Est.
1906
Best FD rate
7.03% p.a.
DICGC insured
Yes (up to ₹5 lakh)
Full profile
Canara deposit rates →

Frequently Asked Questions

Which bank gives a higher FD interest rate — AU Small Finance Bank or Canara Bank?

AU Small Finance Bank currently offers a higher maximum FD rate of 7.40% p.a., compared to 7.03% p.a. from Canara Bank (as of 1 Oct 2026).

What is AU Small Finance Bank's current 1-year FD interest rate?

AU Small Finance Bank offers 7.10% p.a. for general depositors on 1-year FDs, and 7.60% p.a. for senior citizens (as of 1 Oct 2026). Confirm the current rate on AU Small Finance Bank's official website before investing.

What is Canara Bank's current 1-year FD interest rate?

Canara Bank offers 6.85% p.a. for general depositors on 1-year FDs, and 6.85% p.a. for senior citizens (as of 1 Oct 2026). Confirm the current rate on Canara Bank's official website before investing.

Are fixed deposits with AU Small Finance Bank and Canara Bank safe?

Yes. Both AU Small Finance Bank and Canara Bank are regulated by the Reserve Bank of India (RBI). Deposits at both banks are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to ₹5,00,000 per depositor per bank, covering principal and interest combined. Amounts above ₹5 lakh are not covered by deposit insurance.

Do AU Small Finance Bank and Canara Bank offer higher FD rates for senior citizens?

Yes, both banks offer additional interest for senior citizens (aged 60 and above), typically 0.25%–0.50% p.a. above the general rate. AU Small Finance Bank's 1-year senior rate: 7.60% p.a. Canara Bank's 1-year senior rate: 6.85% p.a.

What is the highest FD rate available between AU Small Finance Bank and Canara Bank?

The highest rate between the two is 7.40% p.a. from AU Small Finance Bank for the 30 Months 1 Day to 36 Months tenure (general public, retail deposits below ₹3 crore, as of 1 Oct 2026).