The Utkal Co-operative Bank Ltd. interest rates · November 2026
Utkal Co-op Bank FD rates
All tenures, calculator and comparison →What will my FD earn at Utkal Co-op Bank?
Overview
The Utkal Co-operative Bank Ltd. (Utkal Co-op Bank) is an urban co-operative bank (UCB), headquartered in Bhubaneswar. Its headline 1-year FD rate of 6.80% is 0.15% above the urban co-operative bank average of 6.65%, ranking #458 of 1033 banks on RateScan.in.
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 The Utkal 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 ₹2.53 lakh
RBI's reason: “for non-compliance with specific directions issued by RBI under ‘Supervisory Action Framework (SAF)’ and certain directions issued on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’ and ‘Know Your Customer (KYC)’”
What RBI found
“The bank had: incurred capital expenditure without prior approval of RBI in non-adherence to directions under SAF; failed to submit credit information of customers to three Credit Information Companies; failed to upload the KYC records of customers onto Central KYC Records Registry (CKYCR); and failed to put in place a system of periodic review of risk categorisation of accounts with such periodicity being at least once in six months.”
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.”
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
2 branches in 2 districts
Most branches: Cuttack 1, Khordha 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.
Utkal Co-op Bank rates
Every rate, tenure by tenure, and what your money grows to.
Utkal Co-op Bank Fixed Deposit rate changes
Changes to Utkal Co-op Bank'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 Utkal Co-op Bank's fixed deposit (FD) rates has been recorded since tracking started on 24 Oct 2026.
Good to know
- Deposits with The Utkal 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.
- Utkal Co-op 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 1.00% p.a. more than general customers at Utkal Co-op Bank, depending on the tenure.
- Utkal Co-op Bank's FD table includes 1 special schemes; check eligibility and end dates.
Informational only. Always confirm the current rate on the official Utkal Co-op 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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