Bharat Co-operative Bank (Mumbai) Ltd. FD
Bharat Co-operative Bank (Mumbai) Ltd. offers fixed deposits with interest rates currently ranging from 4.00% p.a. to 7.50% p.a. for the general public, with senior citizens earning up to an additional 0.50% p.a. on tenures of one year and above. Deposits can be booked for tenures from 7 days to over five years.
The bank also offers special rates for senior citizens wherein they offer an additional 0.50% p.a. The fixed deposit schemes can be availed for a period of minimum 7 days.
Bharat Co-operative Bank (Mumbai) Ltd. Fixed Deposit Interest Rates: Below Rs. 1 Crore
Given below are the FD rates for the amount less than Rs. 1 Crore for the general public and for senior citizens:
Duration | Interest Rates for General Public (p.a.) | Interest Rates for Senior Citizens (p.a.) |
7 Days upto 29 Days | 4.00% | 4.00% |
30 Days upto 60 Days | 4.00% | 4.00% |
61 Days upto 90 Days | 4.25% | 4.25% |
91 Days upto 180 Days | 5.50% | 5.50% |
181 Days to less than 1 year | 6.00% | 6.00% |
1 year to 15 months | 6.90% | 7.40% |
Above 15 months to 2 years | 7.00% | 7.50% |
Above 2 years to 3 years | 6.85% | 7.35% |
Above 3 years to 5 years | 6.60% | 7.10% |
Above 5 years | 6.75% | 7.25% |
Note: The interest rates are effective from 17 August 2026.
Bharat Co-operative Bank also offers two Flexi Fixed Deposit variants linked to a savings or current account, the Flexi Fixed Deposit Savings Account and the Flexi Fixed Deposit Current Account, which combine fixed deposit returns with the flexibility to withdraw from the linked account.
Bharat Co-operative Bank (Mumbai) Ltd. Fixed Deposit Interest Rates: Above Rs. 1 Crore
Given below are the FD interest rate for more than Rs. 1 Crore. In this case, senior citizens will receive the same interest rates as others.
Duration | Interest Rates for General Public (p.a.) |
7 Days upto 29 Days | 5.00% |
30 Days upto 60 Days | 5.00% |
61 Days upto 90 Days | 5.25% |
91 Days upto 180 Days | 6.50% |
181 Days to less than 1 year | 7.00% |
1 year to 15 months | 7.50% |
Above 15 months to 2 years | 7.00% |
Above 2 years to 3 years | 6.85% |
Above 3 years to 5 years | 6.60% |
Above 5 years | 6.75% |
Note: The interest rates are effective from 17 August 2026, and this column applies to deposits of Rs.1 crore to less than Rs.2 crore; rates differ slightly for larger deposit slabs.
Bharat Deposit Tax Benefit Scheme*
The Bharat Deposit Tax Benefit Scheme is a 5-year fixed deposit under which an individual can invest up to Rs.1.50 lakh in a financial year:
Tenure | Rate of Interest (% p.a.) |
5 years | 6.75% |
Note: The interest rates are effective from 17 August 2026.
Bharat Co-operative Bank NRE Deposits:
Duration | Interest Rates for Deposits of Rs.1 Crore | Interest Rates for Deposits of above Rs.1 Crore |
12 Months | 6.80% | 7.45% |
Above 12 months upto 24 months | 6.85% | 7.00% |
Above 24 months upto 36 months | 6.85% | 6.85% |
Above 36 months upto 120 months | 6.25% | 6.10% |
Note: The interest rates are effective from 17 August 2026, and the above-Rs.1-crore column applies to deposits of Rs.1 crore to less than Rs.2 crore; rates differ slightly for larger deposit slabs.
Summary
Bharat Co-operative Bank (Mumbai) Ltd. offers fixed deposits for the general public, senior citizens and NRIs, with tenures from 7 days to over five years and a dedicated 5-year tax-saving scheme. Senior citizens generally earn an extra 0.50% p.a. on tenures of one year and above, while NRE deposits are available across four tenure slabs. Compare the tables above for the tenure and deposit amount that best matches your investment horizon before booking a fixed deposit.
FAQs on Bharat Co-operative Bank (Mumbai) Ltd. FD
1.What is a Bharat Co-operative Bank fixed deposit?
A Bharat Co-operative Bank fixed deposit is a term deposit offered by Bharat Co-operative Bank (Mumbai) Ltd. that lets a customer lock in a lump sum for a fixed tenure in exchange for guaranteed returns. It is available to the general public, senior citizens and NRIs. The applicable interest rate depends on the deposit amount and tenure chosen, as listed in the tables above.
2. What is the minimum amount required to open a fixed deposit with Bharat Co-operative Bank?
Bharat Co-operative Bank requires a minimum investment of Rs.1,000 to open a fixed deposit account. This minimum applies to fixed deposit accounts opened by the general public. Customers should check with a branch for any scheme-specific minimums.
3.What is the minimum and maximum tenure for a Bharat Bank fixed deposit?
A Bharat Co-operative Bank fixed deposit can be booked for a minimum tenure of seven days, with tenures extending up to and beyond five years depending on the scheme chosen. The exact tenure slabs and applicable rates are listed in the tables above. Customers can pick the tenure that matches their savings goal.
4.Do senior citizens get extra interest on Bharat Co-operative Bank fixed deposits?
Yes, Bharat Co-operative Bank offers senior citizens an additional interest rate over the general public rate on most fixed deposit tenures. This additional rate does not apply to deposits of Rs.1 crore and above. Senior citizens should compare the general-public and senior-citizen columns in the rate tables above.
5.What is the Bharat Deposit Tax Benefit Scheme?
The Bharat Deposit Tax Benefit Scheme is a 5-year fixed deposit from Bharat Co-operative Bank that qualifies for a tax deduction under Section 80C of the Income Tax Act. An individual can invest up to Rs.1.50 lakh under this scheme in a financial year. The applicable interest rate is listed in the table above.
6.Does Bharat Co-operative Bank offer fixed deposits for NRIs?
Yes, Bharat Co-operative Bank offers NRE fixed deposits for non-resident Indians across a range of tenures. NRE deposit rates are listed separately from domestic fixed deposit rates in the table above. NRIs should check with the bank on the documentation required to open an NRE fixed deposit.
7.Can I open a Bharat Bank fixed deposit account without visiting the branch?
Yes, customers can open a Bharat Co-operative Bank fixed deposit through the bank's net banking or mobile banking platform. This lets an existing customer book a fixed deposit without visiting a branch. A new customer may still need to visit a branch to complete account-opening formalities.
8.Can I get a loan against my fixed deposit at Bharat Co-operative Bank?
Yes, Bharat Co-operative Bank allows a customer to avail a loan or overdraft against an active fixed deposit. A customer can typically borrow a large majority of the principal deposit while keeping the fixed deposit active. The exact loan-to-value limit and terms should be confirmed with the bank.
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