Co-operative Bank Fixed Deposit Interest Rate as on (28 Jan 2022)

One of the banking products offered by Co-operative banks is Fixed Deposit. As Co-operative banks work on passing on maximum benefit to their customers, they offer higher interest on their Fixed Deposits. Further, they offer senior citizens more rate of interest as compared to general public.

The current fixed deposit interest rates offered by different Co-operative banks for various tenures from 7 days to 10 years range between 7% and 9.25% per annum. You can use FD Interest Rate Calculator to calculate the interest and maturity value of your FD. You can also compare the interest rate offered by co-operative banks with commercial banks.

Outlined below is Co-operative Banks Fixed Deposit Interest Rate (as on 28 Jan 2022) detailing the interest rates on Co-operative Banks Fixed Deposits for 1 year period. You can click on "FD Interest Rates" button to view FD interest rates of all the tenures offered by a particular bank.

For Whom Fixed Deposit is a Preferred Investment Option?

  • Persons who do not want to take any kind of risk. It has very low risk as compared to other instruments such as equity, debentures, mutual funds, etc. With FD, one will not lose his/ her principal invested.
  • Investors who want a regular income. It is an instrument which generates fixed returns hence those who need a regular income can opt for interest payout option either monthly or quarterly.
  • People who are Older. Older persons, generally senior citizens, want a hassle-free and safe investment vehicle and they do not want to manager any risky portfolio at that age. Therefore, they can easily invest in Fixed Deposit.
  • Investors who want to diversify their portfolio. It is a famous adage that "Do not put all your eggs in one basket" hence investors who want to make investments in different instruments, surely, keep some of their lump sum money in FDs.

Co operative Banks Fixed Deposit Interest Rate

Bank NameInterest Rate(1 Year)Find FD Interest
Janalaxmi Coop Bank 10.00%
Nagar Urban Co Operative Bank9.25%
Idukki District Cooperative Bank8.75%
Rupee Cooperative Bank Ltd.8.50%
Kapol Cooperative Bank 8.00%
Amanath Cooperative Bank Ltd. Bangalore7.75%
Andaman And Nicobar State Coop Bank Ltd7.50%
The Bihar State Cooperative Bank Ltd.7.00%
The Punjab State Co Op Bank7.00%
The Mapusa Urban Coop Bank Of Goa Ltd6.25%
The Kerala State Co Operative Bank Ltd6.25%
New India Cooperative Bank 6.25%
The Manipur State Co Op Bank Ltd6.25%
Pravara Sahakari Bank Ltd6.25%
The Jalgaon Peopels Cooperative Bank 6.00%
The Tamil Nadu State Apex Cooperative Bank6.00%
Kallappanna Awade Ichalkaranji Janata Sahakari Bank 6.00%
The Assam Coop Apex Bank Ltd5.90%
The Andhra Pradesh State Cooperative Bank 5.90%
Kalupur Commercial Cooperative Bank5.75%
Apna Sahakari Bank 5.75%
Apna Sahakari Bank 5.75%
The Pondichery State Cooperative Bank Ltd5.75%
The Karanataka State Cooperative Apex Bank 5.75%
The Gujarat State Cooperative Bank 5.75%
Telangana State Coop Apex Bank5.75%
Nkgsb Cooperative Bank 5.60%
Nkgsb Cooperative Bank 5.60%
Solapur Janata Sahakari Bank 5.50%
Mahanagar Cooperative Bank5.50%
Rajarambapu Sahakari Bank Ltd5.50%
Ahmedabad Mercantile Cooperative Bank5.50%
The A.p. Mahesh Cooperative Urban Bank 5.50%
Uttar Pradesh State Cooperative Bank Ltd5.40%
The Meghalaya Cooperative Apex Bank Ltd.5.40%
Shikshak Sahakari Bank 5.40%
The Greater Bombay Cooperative Bank 5.35%
Tripura State Co Operative Bank 5.35%
The Rajasthan State Cooperative Bank 5.25%
Madhya Pradesh Rajya Sahakari Bank Maryadit5.25%
Sangli Urban Co Op Bank Ltd Sangli5.25%
Sangli Urban Co Op Bank Ltd Sangli5.25%
Janakalyan Sahakari Bank 5.25%
Bassein Catholic Cooperative Bank 5.25%
Janata Sahakari Bank 5.25%
Rajkot Nagrik Sahakari Bank 5.25%
The Thane Bharat Sahakari Bank 5.25%
G P Parsik Bank5.25%
Bombay Mercantile Co Op Bank Ltd5.25%
Bharat Cooperative Bank (mumbai) Ltd., Mumbai5.25%
The Mehsana Urban Cooperative Bank5.25%
The Haryana State Cooperative Apex Bank Ltd5.20%
Uttrakhand State Co Coperative Bank Ltd5.20%
The West Bengal State Cooperative Bank5.15%
Mizoram Coop Apex Bank 5.15%
Saraswat Cooperative Bank 5.10%
Akola Urban Coop Bank 5.10%
The Shamrao Vithal Cooperative Bank5.10%
Jammu And Kashmir State Coop Bank5.10%
The Surath Peoples Cooperative Bank 5.00%
Nagpur Nagarik Sahakari Bank 5.00%
The Chandigarh State Cooperative Bank Ltd5.00%
The Karad Urban Cooperative Bank 5.00%
Nasik Merchants Cooperative Bank Ltd.5.00%
The Nagaland State Co Op Bank Ltd5.00%
Tjsb Sahakari Bank Ltd5.00%
Nagpur Nagarik Sahakari Bank 5.00%
The Zoroastrian Cooperative Bank 5.00%
Kalyan Janata Sahakari Bank5.00%
The Cosmos Co Operative Bank 5.00%
Abhyudaya Cooperative Bank 5.00%
Jalgaon Janata Sahakari Bank 4.75%
Maharashtra State Cooperative Bank4.75%
Khamgaon Urban Co Op Bank Ltd4.50%
Sardar Bhiladwala Pardi Pepls Co Bk4.50%
Punjab And Maharshtra Cooperative Bank4.50%
Dombivli Nagari Sahakari Bank 4.50%
The Goa State Co Operative Bank Ltd4.25%
The Goa Urban Co Op Bank Ltd4.25%
The Chhattisgarh Rajyasahakari Bank Maryadit4.25%
Citizen Credit Cooperative Bank 4.15%
The Akola Janata Commercial Cooperative Bank Ltd., Akola.4.00%
The Akola Janata Commercial Cooperative Bank Ltd., Akola.4.00%
Bharati Sahakari Bank3.50%

Co-operative Banks are the banks which are registered under the Cooperative Societies Act, 1912 and regulated by the Reserve Bank of India (RBI) and Banking Laws Act. Co-operative banks have been formed with the objective to offer financial assistance to economically weaker sections of the society & they are created by the people belonging to same local/ professional community who share a common interest and objectives. They are known to provide better services to the customers due to their personal interaction with customers and local reach.

Co-operative banks cater to the credit needs of agriculturists and small businesses. Co-operative banks offer their members and non-members (owners as well as customers) a wide range of banking and financial services such as bank deposits, loans, etc.

Co-operative banks have been divided under following 3 categories:

  1. Urban Co-operative Banks
  2. District Central Co-operative Banks (DCCB)
  3. State Co-operative Banks