The Cosmos Co-operative Bank FD Rates
If you are a customer of Cosmos Co-operative Bank and wish to maximise your savings, then you can consider investing in its Fixed Deposit (FD) scheme.
The interest rate offered ranges between 4.75% p.a. and 7.10% p.a. for tenure up to 10 years.
Cosmos Co-operative Bank Fixed Deposit Interest Rates
Period | Interest Rates for Deposits of below Rs. 1.00 Cr (p.a.) | Interest Rates for Deposits of Rs. 1.00 cr & above (p.a.) | Resident Senior Citizen Rates (p.a.) |
7 days to 14 days | 4.75% | 4.75% | 4.75% |
15 days to 45 days | 4.75% | 4.75% | 4.75% |
46 days to 60 days | 4.75% | 5.75% | 4.75% |
61 days to 90 days | 4.75% | 6.25% | 4.75% |
91 days to 181 days | 5.00% | 6.00% | 5.25% |
182 days to 12 months | 5.15% | 5.15% | 5.25% |
Above 12 months to 18 months | 7.05% | 7.05% | 7.30% |
Above 18 months to 24 months | 7.05% | 7.05% | 7.35% |
Above 24 months to 36 months | 7.10% | 7.10% | 7.40% |
Above 36 months to 10 years | 7.10% | 7.10% | 7.50% |
Note: The interest rate was revised in effect from 16 March 2023.
Cosmo TAX Saver Deposit Scheme
Tenure | General Citizens | Senior Citizens |
5 Years | 7.10% | 7.50% |
Flexi Fixed Deposit Scheme
Tenure | General Citizens | Senior Citizens |
5 Years | 3.25% | 2.00% |
Interest Rates on NRE Term Deposit
Tenure | Interest Rates (p.a.) |
Only 1 year | 5.15% |
Above 12 months to 18 months | 6.25% |
Above 18 months to 24 months | 5.90% |
Above 24 months to 36 months | 6.00% |
Above 36 Months to less than 5 years | 6.00% |
5 years up to 10 years | 6.00% |
Note: Interest rates are effective from 16 March 2023.
5 years Tax Exemption Deposit Scheme Interest Rates
60 months Tax Exemption Scheme | Interest Rate |
NRI's under NRO category | 6.00% |
Note: Interest rates are effective from 14 March 2022.
Cosmo FCNR (B) and Cosmo FCNR(B) Royale Deposits
Period | USD | GBP | EURO | JPY |
1 year to less than 2 years | 5.30 | 4.00 | 1.25 | 1.00 |
2 years to less than 3 years | 4.55 | 4.00 | 1.25 | 1.00 |
3 years to less than 4 years | 4.30 | 3.93 | 1.10 | 1.40 |
4 years up to less than 5 years | 4.05 | 3.93 | 0.80 | 1.76 |
5 years | 4.05 | 3.93 | 0.55 | 2.05 |
Note: Interest rates are effective from March 2023.
Cosmo FCNR (B) Premium and Cosmo FCNR (B) Double Bonanza Scheme
Period | USD | GBP | EURO | JPY |
1 year 1 day | 5.31 | 4.01 | 1.26 | 1.01 |
Note: Interest rates are effective from March 2023.
Eligibility Criteria & Documents Required
Given below are the eligibility criteria you will need to fulfil to apply for an FD scheme from Cosmos Cooperative Bank:
- Individuals (single or joint)
- Minor by guardian
- Co-operative societies
- Organisations
Facilities available - The auto-renewal facility is available.
Documents Required - You will have to submit the KYC documents as per the guidelines given.
FAQs on Cosmos Co-operative Bank FD Scheme
- What is the minimum deposit amount?
The minimum deposit amount is Rs.1,000.
- What is the maximum tenure offered by the bank for their FD scheme?
The maximum tenure offered is 10 years.
- Will TDS be applicable if I invest in the bank's FD scheme?
Yes, TDS will be applicable.
- Do I need to be a customer of Cosmos Co-operative Bank to apply for their FD scheme?
Yes, you will have to be a customer of Cosmos Co-Operative Bank to apply for their FD scheme.
- Can I apply for the Cosmos Co-Operative Bank FD scheme online?
Yes, you can apply for the FD scheme online.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.