Do all co-operative banks provide the same interest rates?

No, the interest rate provided by each co-operative bank varies. The range can be between 6.55% to 7.75% per annum for the general public and 7.05% to 8.25% for senior citizens.

What are the Co-operative Bank interest rates on savings accounts?

Co-operative bank savings account interest rates vary widely across banks, with some offering rates as low as 3% p.a. while others provide up to 6.50% p.a.

Is FD in a Co-operative Bank safe?

Yes, fixed deposits in co-operative banks are generally safe up to ₹5 lakh per depositor, per bank, as they are insured by the DICGC (Deposit Insurance and Credit Guarantee Corporation), a subsidiary of the RBI.

What are the disadvantages of Co-operative Banks?

Though Co-operative Banks offer various advantages, they also face limitations such as limited geographic coverage, often restricted to specific states, along with challenges like inefficient management, regional disparities and slower technological adoption.

How many Co-operative Banks are in India?

As of August 2025, there are 1,457 Urban Co-operative Banks, 34 State Co-operative Banks (StCBs), 351 District Central Co-operative Banks (DCCBs) and one Industrial Co-operative Bank (the Tamil Nadu Industrial Co-operative Bank), under the supervision of the RBI and NABARD.

Co-operative Bank FD Interest Rate in 2026

Name: Co-operative Bank FD Interest Rate 2026
Brand: Interest Rates
Rating: 4.9 (12809 reviews)

Looking for higher FD returns with community-focused banking benefits? Co-operative banks in India are offering FD interest rates of up to 8.50% for senior citizens and up to 8.00% for general citizens across select tenures in 2026. Continue reading to compare the latest co-operative bank FD interest rates for both general and senior citizens and choose the right fixed deposit for your investment goals.

Co-operative Bank FD Interest Rates for General and Senior Citizens

Co-operative are known for their community-focused services and higher interest rates. The table below highlights co-operative bank FD rates 2026 for both general and senior citizens.

Cooperative Bank	Tenure	Highest Interest Rate
Cooperative Bank	Tenure	General Citizens	Senior Citizens
Abhyudaya Cooperative Bank	Above 24 to 36 Months	6.55%	6.90%
Saraswat Cooperative Bank	2 to 4 Years	6.80%	7.30%
Cosmos Co-operative Bank	16 Months	7.05%	7.30%
Janakalyan Sahakari Bank Ltd.	More than 12 months to 18 months	7.00%	7.25%
Shamrao Vithal Cooperative Bank	12 to 14 Months	6.95%	7.45%
Bharat Cooperative Bank	Above 15 Months to 2 Years	7.00%	7.50%
TJSB Sahakari Bank	12 months to 24 months	7.00%	7.25%
NKGSB Co-operative Bank	15 to 16 Months	7.00%	7.30%
Janata Sahakari Bank Ltd.	2 to 3 Years	6.75%	7.25%
Kalupur Commercial Co-operative Bank Ltd.	1 to 2 Years	6.75%	6.50%
Citizens Co-operative Bank Ltd.	13 Months to 2 Years	8.00%	8.50%
Kanara District Central Co-operative Bank Ltd.	1 to 3 Years	7.75%	8.25%
Apna Sahakari Bank Ltd.	25 to 36 Months	6.90%	7.40%
Tamil Nadu State Apex Co-operative Bank Ltd.	12 to 24 Months	7.35%	7.60%
Aryapuram Co-operative Urban Bank Ltd	5 Years above	8.00%	8.50%

Compare Best FD rates across banks instantly

Benefits of Co-operative Bank Fixed Deposit

Corporative banks provide affordable and community-focused services for those who have little to no access to the traditional banking system in India. Here is a complete overview of the benefits you can avail by investing in Co-operative bank FDs:

Higher Returns Compared to Regular Bank FDs

Co-operative Bank FD interest rate is typically higher when compared to regular banks and NBFCs (Non-Banking Financial Company). So you can end up getting a higher FD return after the maturity period.

Less Hassle Regarding Rules and Regulations

The majority of co-operative banks do not have strict or precise eligibility criteria and have a simple application process. So, booking a fixed deposit in these banks is far easier.

Cost-effective Option for Rural Communities

In rural areas where traditional banks have not yet set up, Co-operative Bank fixed deposit rates serve as a cost-effective option for farmers or villagers.

Looking for a secure online platform offering FD rates up to 8.15%? Book an FD through the Stable Money app!

Documents Required to Avail Co-operative Bank Fixed Deposit Rates

Opening a co-operative FD account needs you to produce a few standard documents to the bank. Some of the documents required to avail co-operative bank FD rate are:

Aadhaar or voter ID card for identity proof
Utility bills for address proof
PAN Card

With these documents, you can ensure a smooth KYC verification and FD booking process.

Premature Withdrawal of Co-operative Bank Fixed Deposit

If you choose to withdraw your FD before maturity, a penalty of 0.50% to 1% is deducted from the applicable interest rate.

For example, if you have invested in a 5-year FD with the National Co-operative Bank Ltd. and opt for premature closure, the bank will reduce your interest rate by 1%.

However, keep in mind that premature withdrawal is not allowed for tax-saver FDs. In this case, you will need to stay invested for at least 5 years.

Overdraft Against Co-operative Bank Fixed Deposits

Most co-operative banks in India offer an overdraft loan facility against your FD, allowing you to borrow 85% to 90% of your deposit’s value.

The interest charged is usually 1% to 3% higher than your FD rate. This feature helps you access funds in emergencies without prematurely breaking your FD, so that you do not lose out on accumulated interest.

Co-operative Bank FD Calculator

Use an FD calculator to calculate returns on your fixed deposit before investing money in any bank or NBFC. You can use the calculator below to calculate your returns on investing in a co-operative bank FD.

Total Investment

₹

Rate of interest (p.a)

Time Period

years

Compounding Frequency

Total investment	₹1,00,000
FD returns	₹57,424
Total Returns	₹1,57,424

Why Should You Book an FD with Stable Money?

With Stable Money, your hard-earned money remains safe and insured with DICGC, a wholly owned subsidiary of RBI. Here are the other reasons why to choose Stable Money for FD: