Jharkhand State Co-operative Bank interest rates · November 2026
What will my FD earn at JSCB?
Overview
Jharkhand State Co-operative Bank (JSCB) is a state co-operative apex bank, headquartered in Ranchi, established in 1960. Its headline 1-year FD rate of 7.00% is 0.29% above the state co-operative bank average of 6.71%, ranking #295 of 1033 banks on RateScan.in.
Rates as of 23 Mar 2023, verified from official source. State co-operative bank, regulated by RBI and supervised by NABARD: deposits insured by DICGC up to ₹5,00,000.
RBI record
Every RBI press release since 1 Jan 2024 that names Jharkhand State Co-operative Bank, 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.
-
RBI fined the bank ₹1.00 lakh
RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Know your Customer (KYC) norms’”
What RBI found
“The charge of failure to put in place a system of periodic review of risk categorisation of accounts 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 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
105 branches in 19 districts
Most branches: Ranchi 15, East Singhbhum 13, Gumla 11
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.
JSCB rates
Every rate, tenure by tenure, and what your money grows to.
JSCB Fixed Deposit rate changes
Changes to JSCB's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 30 Sept 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 JSCB's fixed deposit (FD) rates has been recorded since tracking started on 30 Sept 2026.
Good to know
- Deposits with Jharkhand State Co-operative Bank 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.
- JSCB is a state 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 JSCB, depending on the tenure.
Informational only. Always confirm the current rate on the official JSCB 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.
Have feedback?
Tell us what would make RateScan.in more useful. No email required.