Under RBI directions

The Mogaveera Co-operative Bank Ltd. interest rates · November 2026

Mogaveera Co-op Bank FD rates

All tenures, calculator and comparison →

What will my FD earn at Mogaveera Co-op Bank?

Estimated value after 1 year · before tax ₹5,31,990 6.25% p.a. · ₹31,990 interest · quarterly compounding

Overview

The Mogaveera Co-operative Bank Ltd. (Mogaveera Co-op Bank) is an urban co-operative bank (UCB), headquartered in Mumbai.

Headquarters
Mumbai
Monitored since
25 Oct 2026
Operates in
Maharashtra

Rates as of 19 Jun 2025, 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 Mogaveera Co-operative Bank Ltd., 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 placed The Mogaveera Co-operative Bank Ltd. under directions (Section 35A of the Banking Regulation Act)

    Under the directions it may not accept fresh deposits without RBI's written approval.

    RBI press release 2026-2027/448

  2. RBI fined the bank ₹20,000

    RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Prudential Norms on Capital Adequacy – Primary (Urban) Co-operative Banks (UCBs)’”

    What RBI found

    “The bank had refunded share capital on multiple occasions despite its CRAR being less than the regulatory minimum.”

    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 2026-2027/197

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

Head office in Mumbai

RBI's IFSC directory doesn't list this bank's branches, so only its head office is shown. Check the bank's website for its branches.

Head office from the bank's RBI registration.

Mogaveera Co-op Bank Fixed Deposit rate changes

Changes to Mogaveera Co-op 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 Mogaveera Co-op Bank's fixed deposit (FD) rates has been recorded since tracking started on 25 Oct 2026.

Good to know

  • Deposits with The Mogaveera 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.
  • Mogaveera Co-op 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 1.00% p.a. more than general customers at Mogaveera Co-op Bank, depending on the tenure.
  • Mogaveera Co-op Bank's FD table includes 1 special schemes; check eligibility and end dates.

Informational only. Always confirm the current rate on the official Mogaveera Co-op 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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