Canara Bank 777-Day FD Scheme 2025: Canara Bank has rolled out its special 777-day Fixed Deposit scheme for 2025, offering attractive interest rates of up to 7.75% on secure deposits. At a time when interest rates are seeing frequent changes, this limited-period FD has caught the attention of investors looking to lock in assured returns with the safety of a public sector bank.
What Is the Canara Bank 777-Day FD Scheme
The 777-day FD is a special-tenure fixed deposit introduced by Canara Bank for a defined period. Unlike regular FDs, this scheme offers higher interest rates for a specific duration, making it suitable for investors who want predictable returns without exposure to market risks. The scheme is available for both fresh investments and renewals.
Latest Interest Rates Under the 777-Day FD Scheme
| Investor Category | Interest Rate |
|---|---|
| General Public | Up to 7.25% |
| Senior Citizens | Up to 7.75% |
These rates apply to deposits below the bank’s specified limit and are subject to revision as per bank policy.
Why This FD Scheme Is Attractive in 2025
With uncertainty around future rate movements, locking funds at higher rates has become important for conservative investors. The 777-day tenure offers a balance between short-term liquidity and medium-term growth, while the additional interest for senior citizens makes it especially appealing for retirees seeking stable income.
Who Should Consider Investing in This FD
The scheme is ideal for senior citizens, risk-averse investors and individuals planning medium-term financial goals such as education expenses or planned purchases. It also suits those who want guaranteed returns without worrying about market volatility.
Premature Withdrawal, Loan and Tax Rules
Premature withdrawal is allowed under this FD, subject to applicable penalties as per Canara Bank rules. Investors can also avail loans or overdrafts against the deposit if liquidity is needed. Interest earned is taxable according to the investor’s income tax slab, and TDS applies if interest crosses the prescribed limit. Eligible investors can submit Form 15G or Form 15H to avoid TDS.
How to Open the Canara Bank 777-Day FD
Customers can open the FD through Canara Bank branches, internet banking or mobile banking services. Existing customers can also convert eligible maturing deposits into the 777-day scheme during the offer period.
One Quick Takeaway Section
The Canara Bank 777-day FD Scheme 2025 allows investors to earn up to 7.75% interest with guaranteed returns, making it a strong and secure savings option this year.
Conclusion: Canara Bank’s 777-day FD scheme stands out as a reliable investment choice for those seeking safety and steady returns in 2025. With competitive interest rates, flexible access and the trust of a public sector bank, it offers peace of mind for conservative investors. Since special FD schemes are usually time-bound, interested investors should consider acting early.
Disclaimer: Interest rates and scheme terms are subject to change at the discretion of Canara Bank. Investors should confirm the latest details directly with the bank before investing.
