Indira Mahila Sahakari Bank Ltd., Malegaon interest rates · November 2026
Overview
Indira Mahila Sahakari Bank Ltd., Malegaon (Indira Mahila Bank Malegaon) is an urban co-operative bank (UCB), headquartered in Malegaon, Nashik.
Rates 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 Indira Mahila Sahakari Bank Ltd., Malegaon, 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 ₹75,000
RBI's reason: “for non-compliance with certain provisions of RBI Directions on ‘Policy and Practice regarding Nominal Membership’ and ‘Exposure Norms & Statutory/ Other Restrictions - UCBs’”
What RBI found
“The charge of sanctioning loans to nominal members in excess of the prescribed ceiling was sustained.”
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 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
2 branches, all in Nashik
Most branches: Nashik 2
From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.
Indira Mahila Bank Malegaon rates
Every rate, tenure by tenure, and what your money grows to.
Indira Mahila Bank Malegaon Savings rate changes
Changes to Indira Mahila Bank Malegaon's savings account rates that RateScan.in has recorded since it started tracking them on 8 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 Indira Mahila Bank Malegaon's savings account rates has been recorded since tracking started on 8 Nov 2026.
Good to know
- Deposits with Indira Mahila Sahakari Bank Ltd., Malegaon 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.
- Indira Mahila Bank Malegaon 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.
Informational only. Always confirm the current rate on the official Indira Mahila Bank Malegaon 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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