Rates verified from official source

Greater Co-operative Bank Ltd. interest rates · October 2026

Top FD rate
7.00%
1 year to less than 2 years
Senior citizen FD
7.50%
Above 5 years to 10 years

Greater Co-operative Bank Ltd. (Greater Bank) is an urban co-operative bank (UCB), headquartered in Mumbai. Its headline 1-year FD rate of 7.00% is 0.76% above the urban co-operative bank average of 6.24%, ranking #54 of 248 banks on RateScan.in. RateScan.in tracks 56 published rate lines for Greater Bank (product types: 1), last verified 18 Oct 2026. CRAR / NPA figures are not available for this bank.

Headquarters
Mumbai
Operates in
Maharashtra

Rates as of 18 Oct 2026, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.

Good to know

  • Deposits with Greater 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.
  • Greater 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 Greater Bank, depending on the tenure.

Informational only — always confirm the current rate on the official Greater 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.