Saraswat Co-operative Bank Ltd. interest rates · October 2026
Overview
Saraswat Co-operative Bank Ltd. (Saraswat Bank) is an urban co-operative bank (UCB), headquartered in Mumbai. Its headline 1-year FD rate of 6.60% is 0.29% above the urban co-operative bank average of 6.31%, ranking #134 of 255 banks on RateScan.in. RateScan.in tracks 140 published rate lines for Saraswat Bank (product types: 4), last verified 21 Oct 2026. CRAR / NPA figures are not available for this bank.
Rates as of 1 Jul 2026, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.
Higher 1 year Fixed Deposit rates than Saraswat Bank
33 banks serving Maharashtra pay more. Top picks:
Good to know
- Deposits with Saraswat 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.
- Saraswat 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 Saraswat Bank, depending on the tenure.
Informational only — always confirm the current rate on the official Saraswat 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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