Co-operative Banks Recurring Deposit Interest Rate (as on May 2024)

Bank Recurring Deposit or bank RD is an investment option which allows investors to make fixed regular monthly deposits for the long term. In an RD the individual is required to deposit fixed amount every month for a pre-defined period.

Co-operative Banks also offer bank RDs to their customers apart from Bank RDs offered by them. Whenever you want to start a bank RD, you will definitely be interested to search for the best RD to invest in. Following table shows Co-operative Banks Recurring Deposit Interest Rate (as on May 2024).

Co-Operative Banks Recurring Deposit Interest Rate 22 May 2024

Bank Name1 Year(p.a.)5 Years(p.a.)Interest Rates
Idukki District Cooperative Bank8.75%8.50%
Kapol Cooperative Bank 8.00%7.00%
Amanath Cooperative Bank Ltd. Bangalore7.75%9.25%
The Jalgaon Peoples Cooperative Bank 7.60%6.75%
The Karanataka State Cooperative Apex Bank 7.50%7.50%
Punjab And Maharshtra Cooperative Bank7.35%7.65%
New India Cooperative Bank 7.30%7.00%
Bharat Cooperative Bank Mumbai Ltd. Mumbai7.30%6.25%
Kalupur Commercial Cooperative Bank7.25%6.75%
Ahmedabad Mercantile Cooperative Bank7.25%7.00%
The Kerala State Co Operative Bank Ltd7.25%7.00%
The Gujarat State Cooperative Bank 7.25%6.75%
Kallappanna Awade Ichalkaranji Janata Sahakari Bank 7.25%7.35%
Pravara Sahakari Bank Ltd7.25%7.00%
Apna Sahakari Bank 7.25%6.15%
Sangli Urban Co Op Bank Ltd Sangli7.25%6.75%
Nkgsb Cooperative Bank 7.15%5.90%
Telangana State Coop Apex Bank7.15%6.75%
Maharashtra State Cooperative Bank7.10%4.75%
Jammu And Kashmir State Coop Bank7.10%6.50%
The Surath Peoples Cooperative Bank 7.00%7.00%
The Punjab State Co Op Bank7.00%7.50%
Citizen Credit Cooperative Bank 7.00%7.00%
The Rajasthan State Cooperative Bank 7.00%6.75%
Saraswat Cooperative Bank 7.00%6.75%
The Andhra Pradesh State Cooperative Bank 7.00%6.75%
Madhya Pradesh Rajya Sahakari Bank Maryadit7.00%7.00%
Shikshak Sahakari Bank 7.00%5.00%
The Zoroastrian Cooperative Bank 7.00%6.75%
The West Bengal State Cooperative Bank7.00%6.50%
The Nagaland State Co Op Bank Ltd6.95%6.65%
Mizoram Coop Apex Bank 6.85%6.55%
Uttrakhand State Cooperative Bank Ltd6.85%6.35%
Janata Sahakari Bank Ltd6.80%7.00%
The Haryana State Cooperative Apex Bank Ltd6.80%6.50%
The Meghalaya Cooperative Apex Bank Ltd.6.80%6.30%
The Tamil Nadu State Apex Cooperative Bank6.80%6.50%
Jalgaon Janata Sahakari Bank 6.75%6.75%
Nagar Urban Co Operative Bank6.75%7.25%
Akola Urban Coop Bank 6.75%6.10%
The Mehsana Urban Cooperative Bank6.75%7.50%
Abhyudaya Cooperative Bank 6.60%6.25%
The Shamrao Vithal Cooperative Bank6.50%6.75%
The Goa State Co Operative Bank Ltd6.50%6.25%
Rajarambapu Sahakari Bank Ltd6.50%7.50%
The Assam Coop Apex Bank Ltd6.40%6.20%
The Karad Urban Cooperative Bank 6.25%7.00%
The Mapusa Urban Coop Bank Of Goa Ltd6.25%6.25%
Nasik Merchants Cooperative Bank Ltd.6.10%6.70%
The Chhattisgarh Rajya Sahakari Bank Maryadit6.00%6.00%
The Cosmos Co Operative Bank 6.00%7.35%
Mahanagar Cooperative Bank6.00%6.25%
Bombay Mercantile Co Op Bank Ltd6.00%6.00%
Khamgaon Urban Co Op Bank Ltd6.00%6.00%
The Thane Bharat Sahakari Bank 6.00%6.25%
Rajkot Nagrik Sahakari Bank 6.00%7.00%
Solapur Janata Sahakari Bank 6.00%6.00%
The A.p. Mahesh Cooperative Urban Bank 6.00%6.25%
Uttar Pradesh State Cooperative Bank Ltd5.85%6.10%
The Pondichery State Cooperative Bank Ltd5.75%5.65%
The Manipur State Co Op Bank Ltd5.75%6.00%
Nutan Sahakari Bank Ltd5.75%%
Sardar Bhiladwala Pardi Pepls Co Bk5.75%6.25%
Tjsb Sahakari Bank Ltd5.75%6.25%
The Bihar State Cooperative Bank Ltd.5.50%5.75%
The Akola Janata Commercial Cooperative Bank Ltd. Akola.5.50%6.10%
Bassein Catholic Cooperative Bank 5.50%6.85%
Tripura State Co Operative Bank 5.50%6.30%
The Greater Bombay Cooperative Bank 5.35%5.85%
Janakalyan Sahakari Bank 5.25%5.75%
Kalyan Janata Sahakari Bank5.25%6.50%
The Chandigarh State Cooperative Bank Ltd5.00%5.00%
Nagpur Nagarik Sahakari Bank 5.00%4.50%
Dombivli Nagari Sahakari Bank 4.50%6.00%
The Goa Urban Co Op Bank Ltd4.25%7.00%
Bharati Sahakari Bank3.50%5.50%
Rupee Cooperative Bank Ltd.2.00%2.00%

You can use RD Interest Rate Calculator to calculate the interest and maturity value of your RD. You can also make use of "Calculate" option to easily calculate the amount of interest earned and the maturity amount of your Bank RD.

Interest rate of bank RD keeps changing and also varies from bank to bank. The minimum amount and tenure is fixed by the bank. Banks offer RD for tenure ranging from 6 months to 10 years. Recurring Deposit Interest Rates may differ for different tenures.