Rates verified from official source

NKGSB Co-operative Bank Ltd. interest rates · October 2026

Top FD rate
7.00%
15 months 01 day – less than 16 months
Senior citizen FD
7.30%
15 months 01 day – less than 16 months
Savings rate
2.60%
All balances

NKGSB Co-operative Bank Ltd. (NKGSB Bank) is an urban co-operative bank (UCB), headquartered in Mumbai, established in 1917. Its headline 1-year FD rate of 6.40% is 0.09% above the urban co-operative bank average of 6.31%, ranking #178 of 259 banks on RateScan.in. RateScan.in tracks 47 published rate lines for NKGSB Bank (product types: 4), last verified 21 Oct 2026. CRAR / NPA figures are not available for this bank.

Headquarters
Mumbai
Established
1917
Operates in
Maharashtra

Rates as of 26 Jan 2026, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.

Good to know

  • Deposits with NKGSB 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.
  • NKGSB 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 0.60% p.a. more than general customers at NKGSB Bank, depending on the tenure.
  • NKGSB Bank's FD table includes 1 special schemes; check eligibility and end dates.

Informational only — always confirm the current rate on the official NKGSB 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.