Rates verified from official source

The Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur interest rates · November 2026

Shri Kanyaka Nagari Sahakari Bank FD rates

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What will my FD earn at Shri Kanyaka Nagari Sahakari Bank?

Estimated value after 1 year · before tax ₹5,33,301 6.50% p.a. · ₹33,301 interest · quarterly compounding

Overview

The Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur (Shri Kanyaka Nagari Sahakari Bank) is an urban co-operative bank (UCB), headquartered in Chandrapur. Its headline 1-year FD rate of 6.50% is 0.15% below the urban co-operative bank average of 6.65%, ranking #594 of 1033 banks on RateScan.in.

Headquarters
Chandrapur
Monitored since
25 Oct 2026
Operates in
Maharashtra

Rates as of 1 Aug 2026, 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 The Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur, 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.

  1. RBI fined the bank ₹8 lakh

    RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Advances to Builders/Contractors’”

    What RBI found

    “The bank had sanctioned loans to builders / contractors, which were partly utilized for acquisition of land.”

    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.”

    RBI press release 2025-2026/1972

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

15 branches in 3 districts

Most branches: Chandrapur 11, Gadchiroli 3, Nagpur 1

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.

Shri Kanyaka Nagari Sahakari Bank Fixed Deposit rate changes

Changes to Shri Kanyaka Nagari Sahakari Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 25 Oct 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 Shri Kanyaka Nagari Sahakari Bank's fixed deposit (FD) rates has been recorded since tracking started on 25 Oct 2026.

Good to know

  • Deposits with The Shri Kanyaka Nagari Sahakari Bank Ltd., Chandrapur 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.
  • Shri Kanyaka Nagari Sahakari 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 Shri Kanyaka Nagari Sahakari Bank, depending on the tenure.

Informational only. Always confirm the current rate on the official Shri Kanyaka Nagari Sahakari 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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