Canara Bank Launches Green Deposit Scheme

New Delhi : Canara Bank, one of India’s leading Public sector banks, has unveiled its latest financial offering, the Canara Green Deposit scheme. This innovative term deposit initiative aims to not only provide depositors with attractive interest rates but also to foster participation in India’s burgeoning green and sustainable economy.

Under the Canara Green Deposit scheme, depositors can earn lucrative interest rates of up to 7.20% per annum on various tenors, including 1111, 2222, and 3333 days. This enticing opportunity is open to all sections of the populace, including the general public, resident Indians, non-resident Indians (NRIs), and corporates.

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By opting for the Canara Green Deposit scheme, investors can play a pivotal role in supporting environmental sustainability initiatives while securing their financial future. Canara Bank’s commitment to promoting green finance underscores its dedication to corporate social responsibility and aligns with the global effort to combat climate change.

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