GP Parsik Sahakari Bank Ltd. interest rates · October 2026
Overview
GP Parsik Sahakari Bank Ltd. (GP Parsik Bank) is an urban co-operative bank (UCB), headquartered in Thane, established in 1972. Its headline 1-year FD rate of 6.60% is 0.35% above the urban co-operative bank average of 6.25%, ranking #130 of 248 banks on RateScan.in. RateScan.in tracks 24 published rate lines for GP Parsik Bank (product types: 3), last verified 18 Oct 2026. CRAR / NPA figures are not available for this bank.
Rates as of 20 Jan 2026, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.
Higher 1 year Fixed Deposit rates than GP Parsik Bank
29 banks serving Maharashtra pay more. Top picks:
Good to know
- Deposits with GP Parsik Sahakari 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.
- GP Parsik 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 GP Parsik Bank, depending on the tenure.
- GP Parsik Bank's FD table includes 1 special schemes; check eligibility and end dates.
Informational only — always confirm the current rate on the official GP Parsik 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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