In India, fixed deposits continue to be one of the best and most attractive investment options, every investor trusting the fixed deposit. In the year 2025, the new special FD scheme of 310 days opened the doors of investment to the investors looking for safety, flexibility, and better returns than a savings account.
Interest Rates and Returns
The competitive interest rate is the main feature of this FD. For ordinary people, the rate is 7.15%, and senior citizens get 7.65%, which is higher. Hence, for people who want their money not longer than a year yet to get decent returns, it is the best option.
Minimum and Maximum Investment
The scheme aims to be friendly to the investors. Minimum investment of ₹1,000 will get you a place in and no upper limit at all. This gives wide range of investors from the tiniest savers to the biggest ones.
Safety and Security
Canara Bank, as a top public sector bank, guarantees complete safety of deposits. More importantly, deposits are insured by the DICGC up to ₹5 lakh thereby retaining its protection even during adverse market conditions.
Who Should Invest?
The 310-day FD is perfect for people who want to invest their bonuses, set aside their emergency funds or have short-term savings without waiting for years to get back their capital. It is a boon especially for the elders who are able to get the higher rate of interest.
Easy to Open
This FD is not hard to get. Investors can fill out the form digitally via one of Canara Bank’s online channels or go to one of the more than 9,700 branches of the bank in India.
Canara Bank 310-Day FD 2025 Interest Rates
| Investor Type | Interest Rate | Tenure | Minimum Deposit | Insurance Cover |
|---|---|---|---|---|
| General Public | 7.15% | 310 Days | ₹1,000 | Up to ₹5 lakh |
| Senior Citizens | 7.65% | 310 Days | ₹1,000 | Up to ₹5 lakh |
Conclusion
The Canara Bank 310-Day FD 2025 finds a nice equilibrium between safety, flexibility, and good returns. Besides, it is one of the best short-term investment options for the year due to a higher interest rate than that of regular savings accounts, a low minimum deposit, and government-backed insurance. In fact, it is a perfect deal for young professionals, retirees, or anyone eager to make their idle cash work for them. The short-term nature of this FD gives a security net to financial stability in less than a year.
