Under RBI directions

Sadbhav Nagrik Sahkari Bank Maryadit, Chhatarpur interest rates · November 2026

Sadbhav Nagrik Bank FD rates

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What will my FD earn at Sadbhav Nagrik Bank?

Estimated value after 1 year · before tax ₹5,26,511 5.20% p.a. · ₹26,511 interest · quarterly compounding

Overview

Sadbhav Nagrik Sahkari Bank Maryadit, Chhatarpur (Sadbhav Nagrik Bank) is an urban co-operative bank (UCB), headquartered in Chhatarpur.

Headquarters
Chhatarpur
Monitored since
6 Nov 2026
Operates in
Madhya Pradesh

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 Sadbhav Nagrik Sahkari Bank Maryadit, Chhatarpur, 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 extended its directions on the bank to 7 Jan 2027

    RBI press release 2026-2027/1253

  2. RBI extended its directions on the bank to 7 Oct 2026

    RBI press release 2026-2027/614

  3. RBI extended its directions on the bank to 7 Jul 2026

    RBI press release 2026-2027/25

  4. RBI placed Sadbhav Nagrik Sahkari Bank Maryadit, Chhatarpur 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 2025-2026/1268

  5. RBI fined the bank ₹1.00 lakh

    RBI's reason: “for non-compliance with operational instructions issued by RBI under ‘Supervisory Action Framework (SAF) for Primary (Urban) Co-operative Banks (UCBs)’”

    What RBI found

    “The charge of not reducing single borrower exposure limit, for fresh loans and advances, by 50% of the applicable regulatory limit in violation of specific directions issued under SAF was sustained.”

    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 2024-2025/184

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 Chhatarpur

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.

Sadbhav Nagrik Bank Fixed Deposit rate changes

Changes to Sadbhav Nagrik Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 6 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 Sadbhav Nagrik Bank's fixed deposit (FD) rates has been recorded since tracking started on 6 Nov 2026.

Good to know

  • Deposits with Sadbhav Nagrik Sahkari Bank Maryadit, Chhatarpur 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.
  • Sadbhav Nagrik 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 Sadbhav Nagrik Bank, depending on the tenure.

Informational only. Always confirm the current rate on the official Sadbhav Nagrik 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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