Excellent Co-operative Bank Ltd., Mumbai interest rates · November 2026
Excellent Co-op Bank FD rates
All tenures, calculator and comparison →What will my FD earn at Excellent Co-op Bank?
Overview
Excellent Co-operative Bank Ltd., Mumbai (Excellent Co-op Bank) is an urban co-operative bank (UCB), headquartered in Mumbai. Its headline 1-year FD rate of 6.00% is 0.65% below the urban co-operative bank average of 6.65%, ranking #817 of 1033 banks on RateScan.in.
Rates as of 1 Jul 2024, 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 Excellent Co-operative Bank Ltd., Mumbai, 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 ₹1.00 lakh
RBI's reason: “for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act)”
What RBI found
“The charge of not transferring the eligible amount to the Depositor Education and Awareness Fund was sustained.”
RBI says: “This action is based on the 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
6 branches, all in Mumbai
Most branches: Mumbai 6
From the bank's own branch list (checked 8 Nov 2026); RBI's IFSC directory lists these branches under one shared code. Check with the bank before visiting: excellentbankltd.com
Excellent Co-op Bank rates
Every rate, tenure by tenure, and what your money grows to.
Excellent Co-op Bank Fixed Deposit rate changes
Changes to Excellent Co-op Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 5 Nov 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 Excellent Co-op Bank's fixed deposit (FD) rates has been recorded since tracking started on 5 Nov 2026.
Good to know
- Deposits with Excellent Co-operative Bank Ltd., Mumbai 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.
- Excellent 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 Excellent Co-op Bank, depending on the tenure.
Informational only. Always confirm the current rate on the official Excellent 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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