Canara Bank offers special fixed deposit schemes with unique tenures that often give higher interest rates than regular options. The 777-day FD is one such popular scheme, designed to provide better returns for medium-term savers.
In early 2026, with interest rates steady after recent adjustments, this scheme stands out for those looking for safe, guaranteed growth without market risks. It suits people planning goals 2+ years ahead, like education or home needs.
What Is the 777-Day FD Scheme?
This is a special term deposit from Canara Bank lasting exactly 777 days (around 2 years and 1.5 months). It usually comes with a slightly higher interest rate to attract depositors.
Like other FDs, it’s fully secure with DICGC insurance up to ₹5 lakh.
Current Interest Rates (Early 2026)
As of January 2026, Canara Bank special schemes offer competitive rates. While exact 777-day rates vary, similar medium-term specials (like 444 or 555 days) give 6.45% to 6.60% p.a. for general public.
Senior citizens get an extra 0.50%, making it more rewarding.
Why Choose the 777-Day Option?
The unique tenure often earns better than standard 2-year FDs. It balances good returns with reasonable liquidity.
Perfect for those who can lock money for over two years.
Who Can Invest?
Anyone – individuals, seniors, HUFs, or NRIs (with rules) – can open it. Minimum deposit starts at ₹1,000 (or as per bank policy).
No upper limit for most cases.
Benefits of This Scheme
Higher interest than regular short-term FDs. Flexible payout options (monthly, quarterly, or at maturity).
Tax-saving benefits if locked for 5 years (under old rules).
Premature Withdrawal Rules
You can close early if needed, but with a penalty (usually 0.50%–1%). Better to choose tenure you can stick to.
Special FD Rates Comparison (Early 2026)
Here’s a table comparing Canara Bank’s popular special tenures (below ₹3 crore):
| Tenure | General Public Rate | Senior Citizen Rate | Notes |
|---|---|---|---|
| 444 days | 6.45% | 6.95% | Very popular special |
| 555 days | 6.50% | 7.00% | Highest short-medium |
| 777 days (special) | ~6.50–6.60% | ~7.00–7.10% | Medium-term attractive |
| 2 years regular | 6.25% | 6.75% | Standard comparison |
Things to Remember
Interest is taxable. Check latest rates before investing, as they can change.
Canara Bank’s 777-day FD scheme in 2026 offers solid, safe returns with a special tenure advantage, ideal for medium-term goals and higher interest than regular options.
Visit canarabank.com or your nearest branch today to check current rates and open an FD. Start growing your savings securely!