The Urban Co-operative Bank Ltd., Cuttack interest rates · November 2026
Cuttack Urban Co-op Bank FD rates
All tenures, calculator and comparison →What will my FD earn at Cuttack Urban Co-op Bank?
Overview
The Urban Co-operative Bank Ltd., Cuttack (Cuttack Urban Co-op Bank) is an urban co-operative bank (UCB), headquartered in Cuttack. Its headline 1-year FD rate of 6.50% is 0.15% below the urban co-operative bank average of 6.65%, ranking #594 of 1033 banks on RateScan.in.
Rates as of 19 Jun 2023, verified from official source. Urban co-operative bank, regulated by RBI and the state Registrar of Co-operative Societies: deposits insured by DICGC up to ₹5,00,000. One of 961 co-operative banks whose rates we checked at the source in the last 7 days.
RBI record
Every RBI press release since 1 Jan 2024 that names The Urban Co-operative Bank Ltd., Cuttack, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.
A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.
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RBI fined the bank ₹4.50 lakh
RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’”
What RBI found
“The bank had failed to upload the KYC records of customers onto Central KYC Records Registry (CKYCR) within the prescribed timeline.”
RBI says: “This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”
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RBI fined the bank ₹1.50 lakh
RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC) norms’ and ‘Exposure norms and Statutory / Other Restrictions – UCBs’”
What RBI found
“The bank had i) failed to review risk categorisation of its customers as per the prescribed periodicity, ii) failed to update KYC of its customers as per prescribed periodicity and iii) breached the interbank (counterparty) exposure limit.”
RBI says: “This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”
This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.
Branches
Head office in Cuttack
RBI's IFSC directory doesn't list this bank's branches, so only its head office is shown. Check the bank's website for its branches.
Head office from the bank's RBI registration.
Cuttack Urban Co-op Bank rates
Every rate, tenure by tenure, and what your money grows to.
Cuttack Urban Co-op Bank Fixed Deposit rate changes
Changes to Cuttack Urban Co-op Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 24 Oct 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.
No change to Cuttack Urban Co-op Bank's fixed deposit (FD) rates has been recorded since tracking started on 24 Oct 2026.
Good to know
- Deposits with The Urban Co-operative Bank Ltd., Cuttack 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.
- Cuttack Urban Co-op 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 Cuttack Urban Co-op Bank, depending on the tenure.
Informational only. Always confirm the current rate on the official Cuttack Urban Co-op 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.
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