News > Canara Financial institution hikes rates of interest on financial savings accounts, now stand up to 4%

Canara Financial institution hikes rates of interest on financial savings accounts, now stand up to 4%

The general public sector lender Canara Financial institution has hiked rates of interest on financial savings accounts. The financial institution is giving a rate of interest of 2.90% for exceptional financial savings account balances between Rs 50L and 5Cr, 2.95% for balances between Rs 5Cr to Rs 10Cr, 3.05% for balances between Rs 10Cr to Rs 100Cr and 3.5% for balances between Rs 100Cr to Rs 200Cr.