Fixed Deposits (FDs) are still a reliable and popular investment alternative in India. Canara Bank, a prominent public sector bank, has launched an exclusive 310-Days Fixed Deposit plan for 2026. This FD is for those investors who are looking for better returns than that of savings accounts and at the same time do not want to bind their money for a long time.
What Makes This FD Attractive?
The 310-day period is less than a year which is hence perfect for the people who want quick liquidity. At an interest rate of up to 7.15% per annum, it is providing returns that are on par with deposits of regular short-term. Additionally, because Canara Bank is the government’s Bank, the investors will have another assurance of safety of their money.
Key Features Explained
This FD is accessible to Resident Indians, NRIs, and HUFs. The minimum amount for deposit is ₹10,000 which is affordable for small and medium investors. Interest payments can be monthly, quarterly, or at maturity, according to the preference of the investor.
Furthermore, DICGC insures deposits of up to ₹5 lakh, providing security even in extremely unlikely scenarios of bank loss.
Benefits of Choosing Canara Bank FD
The plan provides very little risk and certain profits unlike investments that are tied to the stock market. It is very useful for investors who intend to keep their extra money for a little less than a year while receiving good interest. The FD can be set up via the internet as well as at different bank branches, so it is user-friendly for every customer group.
Canara Bank 310-Day FD 2026 Snapshot
| Feature | Details |
|---|---|
| Tenure | 310 days |
| Interest Rate | Up to 7.15% per annum |
| Minimum Deposit | ₹10,000 |
| Eligible Investors | Resident Indians, NRIs, HUFs |
| Interest Payout | Monthly, Quarterly, or Maturity |
| Risk Level | Very Low |
| Insurance Coverage | Up to ₹5 lakh under DICGC |
| Account Opening | Online or Branch |
Why Consider This FD in 2026?
Short-term deposits like this FD offer stability and predictable growth in times of rising interest rates and economic uncertainty. This scheme will be highly attractive to investors who want to avoid market risks but still want better yields than savings accounts.
Final Thoughts
The Canara Bank 310-Day FD 2026 is a balanced choice for those who are looking for security, flexibility, and decent returns. This FD guarantees the safe and rapid growth of your money, whether you are a salaried worker, a retiree, or an overseas Indian. For anyone who is planning investments in 2026, this scheme is worth to be considered seriously.