Do you want to grow your money while keeping it safe? This new offer from Canara Bank is only for you!

Nowadays everyone wants that their hard-earned money remains safe and also increases. If you are also thinking the same, then Canara Bank has made a great change in the interest rates of Fixed Deposit (FD) in January 2026. The bank has launched a special 555 days FD scheme, which is offering 6.50% interest to general customers and 7.00% interest to senior citizens.

Imagine, if you deposit Rs 2 lakh in this scheme, you can easily get a direct benefit of Rs 20,000 to 22,000! Don’t let this opportunity slip away. Let us understand this in more simple language.

555 day FD: What is special in it?

Friends, Canara Bank has updated its FD interest rates from January 5, 2026. The most attention-grabbing scheme among these is of 555 days. On this, common people are getting an annual interest of 6.50%, whereas for people above 60 years of age, this rate is 7.00%. The best thing is that interest is added every three months, that is, you get interest on interest also. Given today’s inflation, this could be a very wise decision.

How much money will you get on depositing Rs 2 lakh?

Let’s do the math. Suppose, you deposit Rs 2 lakh for 555 days.

• Ordinary Citizen: You will get interest of approximately ₹20,380, and on maturity you will get a total of ₹2,20,380.
• Senior Citizen: You will get interest of approximately ₹ 22,020, which will give a total of ₹ 2,22,020 on maturity.

This is based on quarterly compound interest. If you want, you can also check yourself by visiting Canara Bank’s website with their FD calculator. This method is great for saving money for retirement or planning for expenses like children’s education.

For the elderly, this is just icing on the cake!

For those who are above 60 years of age, the interest rate of 7% is no less than a gift. By investing your pension or savings money here, you can get a good amount every year. For example, a profit of over ₹22,000 on depositing Rs 2 lakh. You can easily open FD by going to the bank or through mobile app.

What if it takes 555 days more?

Don’t worry! If 555 days seems a bit much to you, then you can also choose 444 days FD. On this, general people are getting 6.45% interest and senior citizens are getting 6.95% interest, which is quite good.

How to open FD? It’s really easy!

• By going to the bank: Visit your nearest Canara Bank branch and fill a form. Don’t forget to carry your Aadhar and PAN card with you.
• House sitting: If you use net banking or Canara Bank’s mobile app, you can open an FD online within minutes.

You can start with as little as ₹5,000. Just keep one thing in mind that there may be a slight penalty for premature withdrawal of money.

Why choose Canara Bank? trust and security

Canara Bank is a government bank, so your money is completely safe. In today’s time when inflation is increasing, FD is an option that gives you stable and guaranteed returns. If you are looking for a safe investment, this is the right time. Get started today and watch your money grow!