Canara Bank Pays Rs. 975.60 Crore Interest & Redemption on Tier II Bonds

Bengaluru, 7 January 2026: Canara Bank has successfully credited the annual interest and redemption amount for its Unsecured, Non-Convertible, Redeemable, Basel III Compliant Tier II Bonds (ISIN: INE476A08043) today, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The total payment of Rs. 975.60 crore (Rupees Nine Hundred Seventy-Five Crore Sixty Lakh Only) was transferred to bondholders’ accounts via RTGS, NEFT, IBA, and DD modes.

Interest Payment Details:

• Issue Size: Rs. 900 crore

• Interest Amount Paid: Rs. 75.60 crore

• Payment Frequency: Annually

• Interest Payment Date: 7 January 2026

• Previous Interest Payment Date: 7 January 2025

Redemption Payment Details:

• Type: Full redemption

• Quantity Redeemed: 9,000 bonds

• Redemption Amount: Rs. 900 crore

• Redemption Date: 7 January 2026

• Outstanding Amount After Redemption: NIL

The bank confirmed that all payments were made on time and in full, adhering strictly to the terms of the bonds and regulatory guidelines.

Canara Bank Statement:
“This timely payment underscores our commitment to our investors and adherence to SEBI regulations,” said Santosh Kumar Barik, Company Secretary, Canara Bank.