How RateScan.in works
Data sources, update frequency, bank coverage, and DICGC insurance: everything about how rates are collected and verified.
What is RateScan.in?
RateScan.in is an independent, ad-free rate directory for Indian bank deposits: fixed deposits (FD), recurring deposits (RD), and savings accounts, plus Post Office small savings schemes. It is maintained as a public tool with no advertising and no affiliate commissions. Rates are ordered by yield, not by who pays.
The site currently covers 1096 banks and 25,832 individual rate rows across every type of RBI-regulated bank, including co-operative banks. 100% of rows are sourced directly from the bank's own published pages.
How rates are collected
Each bank has a dedicated adapter, a small program that fetches and parses that bank's rate page daily. There are two collection methods:
| Method | Label | How it works |
|---|---|---|
| Live scrape | OFFICIAL | The adapter fetches the bank's own rate page (HTML table or structured PDF) and parses it programmatically. Rates are taken directly from the bank's server on each run. 1084 of 1096 banks use this method (100% of all rate rows). |
| Hardcoded from official PDF | OFFICIAL | Some banks publish rates as PDFs that cannot be machine-fetched (the server blocks automated requests). For these, rates are manually verified from the official PDF and hardcoded. The source URL points to the original PDF for attribution. The effective date reflects the document's stated date. |
Every rate row carries a source URL, an effective date (the date the bank published the rate), and a quality label. Only rates read from a bank's own page or rate circular are published; banks whose official rates we cannot read yet are listed without rates.
Update frequency & freshness badges
The ingest pipeline runs daily. Each successful run stamps a checkedAt date on every rate row it produces. Two badges surface freshness status on bank pages and the directory:
| Badge | Meaning |
|---|---|
| (none) | Rates verified within the last 30 days. Current. |
| ○ Under Verification | Rates have not been re-verified in more than 30 days. The displayed rates may still be accurate; they are pending the next successful check against the bank's site. |
| ⚠ Stale | Shown inside a rate's source detail modal when a specific rate row is more than 150 days old. Treat with extra caution and verify on the bank's site. |
Bank coverage
1096 banks are tracked, covering every type of RBI-regulated bank, including urban, state and district co-operative banks. Every Regional Rural Bank (RRB) is listed.
| Category | Banks | Notes |
|---|---|---|
| Public Sector Banks | 12 | Nationalised / GoI-majority-owned banks. DICGC-insured up to ₹5 lakh. |
| Private Sector Banks | 21 | RBI-licensed private banks. DICGC-insured up to ₹5 lakh. |
| Small Finance Banks | 11 | RBI-licensed SFBs. DICGC-insured up to ₹5 lakh; generally offer higher FD rates than large banks. |
| Regional Rural Banks | 28 | RRBs sponsored by public sector banks. DICGC-insured up to ₹5 lakh; serve rural and semi-urban India. |
| Payments Banks | 5 | RBI-licensed payments banks. Accept savings deposits only (no FD/RD); balance cap applies. DICGC-insured up to ₹5 lakh. |
| Foreign Banks | 24 | Foreign banks with RBI-licensed Indian branches. DICGC-insured up to ₹5 lakh for Indian deposits. |
| Local Area Banks | 1 | RBI-licensed local area banks, small private banks limited to a few contiguous districts. DICGC-insured up to ₹5 lakh. |
| Urban Co-operative Banks | 702 | Co-operative banks in towns and cities, regulated by the RBI together with the state registrar of co-operative societies. DICGC-insured up to ₹5 lakh. |
| State Co-operative Banks | 33 | The apex co-operative bank of each state, supervised by NABARD. DICGC-insured up to ₹5 lakh. |
| District Central Co-operative Banks | 258 | Co-operative banks serving a district, supervised by NABARD. DICGC-insured up to ₹5 lakh. |
| Government Schemes | 1 | Post Office small savings schemes backed by a Government of India sovereign guarantee, not DICGC insurance. |
Deposit insurance (DICGC)
All deposits in RBI-licensed banks (Public, Private, Small Finance, Payments, Foreign, and Regional Rural banks) are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to ₹5,00,000 per depositor per bank, across all branches combined. This covers principal and interest together.
Post Office small savings schemes (NSC, KVP, Time Deposit, RD, Savings Account, MIS, etc.) are not DICGC-insured. They carry a direct sovereign guarantee from the Government of India via the Consolidated Fund of India, which is generally considered stronger than deposit insurance.
Verify your bank's DICGC registration and current insurance limit at dicgc.org.in.
Disclaimer
RateScan.in is an informational tool. Rates displayed may lag official bank publications by up to 24 hours (or longer for banks whose sites block automated access). Always verify the current rate on the bank's official website or by visiting a branch before making any investment decision.
Nothing on this site constitutes financial advice. The site carries no advertising and earns no affiliate commission or referral fee from any bank or financial product.
Report an error
If you notice a rate that looks wrong, use the feedback form below or open an issue on GitHub. Please include the bank name, the rate shown on RateScan.in, and the rate shown on the bank's site, along with the bank's source URL.
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