There are many co-operative banks that offer very competitive and high rates of interest on fixed deposits (FDs). In fact, when compared to other types of banks, co-operative banks, offer a much better rate of interest, in some cases. It is a wise option to invest a certain pool of savings into these types of fixed deposits than conventional term deposits. Co-operative banks offer a wide range of financial services and products, including fixed deposits.<\/p>\n
| Co-operative Bank FD Interest Rates 2018<\/th>\n<\/tr>\n | |||
|---|---|---|---|
| Bank<\/th>\n | Regular Interest Rates (per annum)<\/th>\n | Senior Citizen Interest Rates (per annum)<\/th>\n | Tenure<\/th>\n<\/tr>\n<\/thead>\n |
| Mahaveer Bank<\/td>\n | 9.50%<\/td>\n | 10.00%<\/td>\n | More than 2 years to 5 years<\/td>\n<\/tr>\n |
| Mahaveer Bank<\/td>\n | 9.00%<\/td>\n | 9.50%<\/td>\n | More than 5 years<\/td>\n<\/tr>\n |
| Repco Bank<\/td>\n | 7.25%<\/td>\n | 7.75%<\/td>\n | 1 year and more than 2 years<\/td>\n<\/tr>\n |
| Andaman & Nicobar State Co-operative Bank<\/td>\n | 8.00%<\/td>\n | 8.50%<\/td>\n | 8 years to 10 years<\/td>\n<\/tr>\n |
| Andhra Pradesh State Co-operative Bank<\/td>\n | 6.80%<\/td>\n | 7.40%<\/td>\n | 271 days to 364 days<\/td>\n<\/tr>\n |
| Bombay Mercantile Co-operative Bank Limited<\/td>\n | 6.25%<\/td>\n | 6.50%<\/td>\n | More than 1 year to 3 years<\/td>\n<\/tr>\n |
| Bharat Co-operative Bank<\/td>\n | 7.65%<\/td>\n | 8.10%<\/td>\n | More than 5 years<\/td>\n<\/tr>\n |
| Bharat Co-operative Bank (Senior Citizen Scheme)<\/td>\n | –<\/td>\n | 8.50%<\/td>\n | 3 years<\/td>\n<\/tr>\n |
| Saraswat Bank<\/td>\n | 6.75%<\/td>\n | 7.00%<\/td>\n | More than 1 year to 3 years<\/td>\n<\/tr>\n |
| Kapol Bank<\/td>\n | 8.00%<\/td>\n | 8.25%<\/td>\n | 1 year to 2 years<\/td>\n<\/tr>\n |
| Janata Sahakari Bank<\/td>\n | 7.25%<\/td>\n | 7.50%<\/td>\n | 1 year to 3 years<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nFD rate highlights<\/h2>\nOnline Fixed Deposits From Co-Operative Banks<\/h3>\nWith all other banks offering internet banking and online services, co-operative banks have also stepped up their game and have begun to offer such services. Fixed deposits from co-operative banks can be easily purchased online without any hassle in a matter of minutes. Most fixed deposits from such banks can be purchased with minimal documentation, and by providing basic personal details.<\/p>\n Let us take a look at the procedure to open a co-operative bank fixed deposit account:<\/p>\n
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