Nagarik Sahakari Bank Ltd., Bhiwandi interest rates · November 2026
Nagarik Sahakari Bank Bhiwandi FD rates
All tenures, calculator and comparison →What will my FD earn at Nagarik Sahakari Bank Bhiwandi?
Overview
Nagarik Sahakari Bank Ltd., Bhiwandi (Nagarik Sahakari Bank Bhiwandi) is an urban co-operative bank (UCB), headquartered in Bhiwandi. Its headline 1-year FD rate of 5.50% is 1.15% below the urban co-operative bank average of 6.65%, ranking #926 of 1033 banks on RateScan.in.
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 Nagarik Sahakari Bank Ltd., Bhiwandi, 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 ₹2.00 lakh
RBI's reason: “for non-compliance with the directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’”
What RBI found
“The charge of on the bank regarding charging customers for activation of their inoperative accounts was sustained.”
RBI says: “This action is based on deficiency 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
6 branches, all in Thane
Most branches: Thane 6
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.
Nagarik Sahakari Bank Bhiwandi rates
Every rate, tenure by tenure, and what your money grows to.
Nagarik Sahakari Bank Bhiwandi Fixed Deposit rate changes
Changes to Nagarik Sahakari Bank Bhiwandi's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 4 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 Nagarik Sahakari Bank Bhiwandi's fixed deposit (FD) rates has been recorded since tracking started on 4 Nov 2026.
Good to know
- Deposits with Nagarik Sahakari Bank Ltd., Bhiwandi 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.
- Nagarik Sahakari Bank Bhiwandi 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 Nagarik Sahakari Bank Bhiwandi, depending on the tenure.
Informational only. Always confirm the current rate on the official Nagarik Sahakari Bank Bhiwandi 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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