Nagar Urban Co Operative Bank Fixed Deposit Interest Rates (as on 19 Mar 2019)

As you know that a Fixed Deposit (FD) is an investment avenue offered by bank that gives you higher rate of interest than a regular savings account. By investing in an FD, you can achieve your financial goals comfortably due to higher returns offered by it.

Nagar Urban Co Operative Bank FD provides an option to deposit lump sum amount for a specific period, ranging from 7 days to 10 years. You can choose any of the tenures offered by Nagar Urban Co Operative Bank FD according to your convenience and financial objective. As soon as you select the tenure and deposit the amount in Nagar Urban Co Operative Bank_ FD, it will start earning an interest based on the tenure of the deposit.

Following table provides you the details of various FD Rates offered by Nagar Urban Co Operative Bank. Also, given below is the facility/ option, through which you can calculate the interest rate and the maturity value of your Nagar Urban Co Operative Bank FD for different tenures by clicking on the "calculate" button provided in the table.

Nagar Urban Co Operative Bank Fixed Deposit Interest Rates (as on 19 Mar 2019)

Maturity Period Interest Rate (p.a.)Calculate
30 Days4.25%
45 Days4.25%
60 Days4.50%
90 Days4.50%
120 Days6.00%
6 Months6.00%
9 Months8.50%
12 Months9.25%
2 Years9.25%
3 Years8.25%
4 Years7.75%
5 Years7.75%
10 Years8.75%

Features & Benefits: Nagar Urban Co Operative Bank Fixed Deposit

  • Competitive interest rates are offered with flexible FD tenures to suit your investment plan.
  • FD account can be opened online or by visiting your nearest Nagar Urban Co Operative Bank branch.
  • No cap on the Maximum Amount of FD
  • FD Tenures: 7 days to 10 years
  • Different interest payout options such as monthly, quarterly, etc.
  • Loan/ Overdraft against FD facility is available upto 85% of the FD amount.
  • Easy and fast liquidity options are available.
  • Nomination facility is available.
  • Tax benefit of amount up to Rs 1,50,000, through tax saving term deposit scheme
  • Part withdrawal facility and auto-renewal facilities are also available
  • Senior citizens can enjoy higher interest rate as compared to regular citizens
  • NRE, NRO and FCNR deposit facility is offered by the bank

Who is Eligible for Nagar Urban Co Operative Bank Fixed Deposit

Resident Indians, Proprietor, Partnership Firm, Private or Public Limited Company, Hindu Undivided Family (HUF), Trust Associations and Clubs are eligible for investment.

Points to Remember while making Fixed Deposit

  • Always compare tenure-wise FD interest rates of different banks before finalizing the bank for making FD, in order to get maximum interest rate on selected tenure.
  • Choose the FD Tenure according to your convenience and objective behind investment.
  • Opt for interest payout options such as monthly or quarterly, if required. Otherwise, choose cumulative option so that you can receive lump sum amount when FD gets matured.
  • You can also avail loan or overdraft against FD, if you have immediate requirement of funds.
  • Don't forget to make nomination in your FD account.

Calculation of Interest on FD of Nagar Urban Co Operative Bank

Interest on FD for different tenures is calculated in following manner:

  1. Simple interest is paid at maturity for fixed deposit tenure of less than 6 months.
  2. Interest is calculated on a quarterly basis for fixed deposit tenure of 6 months & above.
  3. Cumulative Interest/ re-investment interest is calculated every quarter, and is added to the Principal such that Interest is paid on the Interest earned in the previous quarter as well.
  4. In case of monthly deposit scheme, the interest shall be calculated for the quarter and paid monthly at discounted rate over the Standard FD Rate

Co-Operative Banks FD Interest Rates

Ahmedabad Mercantile Cooperative BankKalupur Commercial Cooperative BankThe Mehsana Urban Cooperative Bank
Rajkot Nagrik Sahakari Bank LimitedSardar Bhiladwala Pardi Pepls Co BkThe Surath Peoples Cooperative Bank Limited
Amanath Cooperative Bank Ltd. BangaloreThe A.p. Mahesh Cooperative Urban Bank LimitedAbhyudaya Cooperative Bank Limited
Apna Sahakari Bank LimitedBassein Catholic Cooperative Bank LimitedBharat Cooperative Bank (mumbai) Ltd., Mumbai
Bharati Sahakari BankBombay Mercantile Co Op Bank LtdCitizen Credit Cooperative Bank Limited
The Cosmos Co Operative Bank LimitedDombivli Nagari Sahakari Bank LimitedThe Goa Urban Co Op Bank Ltd
G P Parsik BankThe Greater Bombay Cooperative Bank LimitedJalgaon Janata Sahakari Bank Limited
The Jalgaon Peopels Cooperative Bank LimitedJanakalyan Sahakari Bank LimitedJanalaxmi Coop Bank
Kallappanna Awade Ichalkaranji Janata Sahakari Bank LimitedKalyan Janata Sahakari BankKapol Cooperative Bank Limited
The Karad Urban Cooperative Bank LimitedMahanagar Cooperative BankThe Mapusa Urban Coop Bank Of Goa Ltd
Nagar Urban Co Operative BankNasik Merchants Cooperative Bank Ltd.New India Cooperative Bank Limited
Nkgsb Cooperative Bank LimitedPravara Sahakari Bank LtdPunjab And Maharshtra Cooperative Bank
Rajarambapu Sahakari Bank LtdRupee Cooperative Bank Ltd.Sangli Urban Co Op Bank Ltd Sangli
Saraswat Cooperative Bank LimitedThe Shamrao Vithal Cooperative BankSolapur Janata Sahakari Bank Limited
The Thane Bharat Sahakari Bank LimitedTjsb Sahakari Bank LtdThe Zoroastrian Cooperative Bank Limited
Nagpur Nagarik Sahakari Bank LimitedShikshak Sahakari Bank LimitedThe Akola Janata Commercial Cooperative Bank Ltd., Akola.
Akola Urban Coop Bank Khamgaon Urban Co Op Bank LtdJanata Sahakari Bank Limited
Idukki District Cooperative Bank  

Upcoming Bank Holidays

2019 March 20 is a bank holiday in Assam due to Dol Jatra.
2019 March 20 is a bank holiday in Jharkhand due to Holika Dahan.
2019 March 21 is a bank holiday in Andaman And Nicobar Island due to Holi.
2019 March 21 is a bank holiday in Bihar due to Holi 2nd Day.
2019 March 21 is a bank holiday in Jammu And Kashmir due to Holi (Jammu Province Only).
2019 March 21 is a bank holiday in Manipur due to Yaosang 2nd Day.

Saving Interest Upto 1 Lakh

Bank NameInterest(p.a.)Limit
Rbl Bank 6%Upto Rs 1 Lakh
Yes Bank5%Below Rs 1 Lakh
Kotak Mahindra Bank 5%Upto Rs 1 Lakh
Catholic Syrian Bank 4%Upto Rs 1 Lakh
Oriental Bank Of Commerce4%Upto Rs 25 Lakhs
Canara Bank4%Upto Rs 50 Lakhs
Syndicate Bank4%Upto Rs 25 Lakhs
Dcb Bank 4%Below Rs 1 Crore
Punjab And Sind Bank4%Upto Rs 20 Lakhs
Corporation Bank4%Below Rs 50 Lakhs

Saving Interest Above 1 Lakh

Bank NameInterest(p.a.)Limit
Yes Bank6%Rs 1 Lakh to Rs 1 Crore
Dcb Bank 6%Above Rs 1 Crore to Rs 5 Crores
Kotak Mahindra Bank 6%Above Rs 1 Lakh to Rs 1 Crore
Rbl Bank 6%Above Rs 1 Lakh to Rs 10 Lakhs
Bandhan Bank 6%Rs 1 Lakh & above
Laxmi Vilas Bank5%Above Rs 1 Lakh to Rs 5 Lakhs
Indusind Bank5%Above Rs 10 Lakhs to Rs 1 Crore
Catholic Syrian Bank 4%Above Rs 1 Lakh to Rs 50 Lakhs
Oriental Bank Of Commerce4%Above Rs 25 Lakhs
Karnataka Bank 4%Above Rs 1 Lakh to Rs 50 Lakhs

Related Blogs

Why To Choose Ppf Over Bank Fixed Deposit?
How To Earn More Than 9.50% On Bank Fixed Deposits? Facts That You Might Not Be Aware Of
What Is Laddering Of Bank Fixed Deposits?
Small Finance Bank (sfb) Offering Highest Interest @9.5% On Term Deposits/ Fixed Deposits
Bihar Gramin Bank Details Of Fixed Deposit @7%, Home Loan @10.20%, Car Loan @10.45% Two Wheeler Loan @10.45% As On Oct, 2017
Central Madhya Pradesh Gramin Bank Latest Oct 2017 Fixed Deposit @ 6.75%, Home Loan @ 9.90%, Car Loan @11% Two Wheeler Loan @11%
Allahabad Up Gramin Bank Latest Oct 2017 Latest Fixed Deposit @ 6.80%, Home Loan @ 10.75%, Car Loan @10.75% Two Wheeler Loan @12.50%
Why Select Debt Fund Over Bank Fixed Deposit : 10 Reasons
State Bank Of India Cuts 1 Year Fixed Deposit Rate (fd) Rate From 6.75% To 6.50%
Is It Beneficial To Invest In Bank Fixed Deposit (fd)

Latest Aricles

When Is Ifsc Code Needed?
How To Choose The Repayment Tenure Of Personal Loan Wisely?
Which Is The Best Bank For Car Loan?
How To Know Ifsc Code By Your Account Number?
Why Is Fd Better Than Savings Account?
3 Reasons Why Personal Loan For Used Car Is A Better Option Than Car Loan
How Can You Maximise Earning Through Peer To Peer Lending Platform?
Best Fd Rates For Senior Citizens (as On 14 Feb 2019)
Want A Regular Income On Investment? Invest In These 4 Avenues
How To Avoid Paying Income Tax Even When Your Income Is Over Rs 10 Lakhs?

Financial Calculators

Search Bank By Branch