The Pragathi Co-operative Bank Ltd. interest rates · November 2026
What will my FD earn at Pragathi Co-op Bank (Bengaluru)?
Overview
The Pragathi Co-operative Bank Ltd. (Pragathi Co-op Bank (Bengaluru)) is an urban co-operative bank (UCB), headquartered in Bengaluru.
Rates as of 2 Feb 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 Pragathi 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.
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RBI fined the bank ₹2 lakh
RBI's reason: “for contravention of provisions of section 20 read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Loans and advances to directors, their relatives, and firms / concerns in which they are interested', 'Exposure Norms and Statutory / Other Restrictions – UCBs' and 'Classification, Valuation and Operation of Investment Portfolio of Primary (Urban) Co-operative Banks'”
What RBI found
“The bank had: sanctioned director related loans; breached the prescribed regulatory limit for single borrower exposure; and breached the prudential inter-bank (gross) exposure limit and inter-bank counter-party limit.”
RBI says: “This action is based on deficiencies in statutory and 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
1 branch
Most branches: Vijayapura 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.
Pragathi Co-op Bank (Bengaluru) rates
Every rate, tenure by tenure, and what your money grows to.
Pragathi Co-op Bank (Bengaluru) Fixed Deposit rate changes
Changes to Pragathi Co-op Bank (Bengaluru)'s fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 24 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 Pragathi Co-op Bank (Bengaluru)'s fixed deposit (FD) rates has been recorded since tracking started on 24 Oct 2026.
Good to know
- Deposits with The Pragathi 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.
- Pragathi Co-op Bank (Bengaluru) 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 Pragathi Co-op Bank (Bengaluru), depending on the tenure.
Informational only. Always confirm the current rate on the official Pragathi Co-op Bank (Bengaluru) 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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