Rates verified from official source

The Akola Janata Commercial Co-operative Bank Ltd. interest rates · October 2026

Top FD rate
6.75%
Above 5 Years to 10 Years
Senior citizen FD
7.25%
Above 5 Years to 10 Years
Savings rate
2.50%
All balances

The Akola Janata Commercial Co-operative Bank Ltd. (Akola Janata Bank) is an urban co-operative bank (UCB), headquartered in Akola, established in 1969. Its headline 1-year FD rate of 5.50% is 0.78% below the urban co-operative bank average of 6.28%, ranking #237 of 248 banks on RateScan.in. RateScan.in tracks 18 published rate lines for Akola Janata Bank (product types: 2), last verified 18 Oct 2026. CRAR / NPA figures are not available for this bank.

Headquarters
Akola
Established
1969
Total business
~₹2,666 crore approx.
Operates in
Maharashtra, Madhya Pradesh

Figures marked “approx.” are rounded public estimates as of 2025.

Rates as of 1 Feb 2023, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.

Good to know

  • Deposits with The Akola Janata Commercial Co-operative Bank Ltd. are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • Akola Janata Bank is an urban co-operative bank. Co-operative banks are regulated by the RBI together with the state registrar of co-operative societies; check that the bank is covered by DICGC before depositing.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Akola Janata Bank, depending on the tenure.
  • Akola Janata Bank's FD table includes 1 special schemes; check eligibility and end dates.

Informational only — always confirm the current rate on the official Akola Janata Bank website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.