Rates verified from official source

Jila Sahakari Kendriya Bank Maryadit, Shahdol interest rates · November 2026

Shahdol DCC Bank FD rates

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What will my FD earn at Shahdol DCC Bank?

Estimated value after 1 year · before tax ₹5,34,877 6.80% p.a. · ₹34,877 interest · quarterly compounding

Overview

Jila Sahakari Kendriya Bank Maryadit, Shahdol (Shahdol DCC Bank) is a district central co-operative bank (DCCB), headquartered in Shahdol. Its headline 1-year FD rate of 6.80% is 0.09% below the district co-operative bank average of 6.89%, ranking #458 of 1033 banks on RateScan.in.

Headquarters
Shahdol
Monitored since
27 Oct 2026
Operates in
Madhya Pradesh

Rates as of 27 Jan 2023, verified from official source. District central co-operative bank, regulated by RBI and supervised by NABARD: 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 Jila Sahakari Kendriya Bank Maryadit, Shahdol, 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 fined the bank ₹75,000

    RBI's reason: “for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act) read with the ‘Depositor Education and Awareness Fund Scheme, 2014’ (the Scheme)”

    What RBI found

    “The bank had not transferred the eligible amount to the Depositor Education and Awareness Fund.”

    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.”

    RBI press release 2023-2024/1763

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 Shahdol

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.

Shahdol DCC Bank Fixed Deposit rate changes

Changes to Shahdol DCC Bank's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 27 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 Shahdol DCC Bank's fixed deposit (FD) rates has been recorded since tracking started on 27 Oct 2026.

Good to know

  • Deposits with Jila Sahakari Kendriya Bank Maryadit, Shahdol 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.
  • Shahdol DCC Bank is a district central 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 Shahdol DCC Bank, depending on the tenure.

Informational only. Always confirm the current rate on the official Shahdol DCC 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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