The Goa Urban Co-operative Bank FD Rates

fixed deposit (FD) is a financial instrument through which you can receive assured returns at a fixed rate of interest. The Goa Urban Cooperative Bank Ltd offers various fixed deposit schemes with tenures ranging from seven days to five years.

Updated On - 05 Sep 2025

The interest rates offered on this bank's fixed deposits range from 3.10% p.a. to 7.25% p.a. for the general public. The Goa Urban Cooperative Bank Ltd offers an additional interest rate of 0.50% to senior citizens on tenures of more than 1 year.

Features and Benefits of The Goa Urban Co-operative Bank Ltd Fixed Deposit

The fixed deposits offered by The Goa Urban Cooperative Bank Ltd come with the following features and benefits:

  1. Attractive interest rates that range from 3.10% p.a. to 7.25% p.a.
  2. Flexible tenures ranging from seven days to five years.
  3. An additional interest rate of 0.50% is offered to senior citizens.
  4. Fixed deposits renewed before the due date will not attract any penalty.
  5. A premature withdrawal facility is available.
  6. Loans against fixed deposits can be availed at an interest rate that is 2% higher than the deposit interest rate.

The Urban Goa Co-operative Bank Ltd FD Interest Rates

The interest rates on fixed deposits offered by The Goa Urban Cooperative Bank Ltd are mentioned in the table below:

Tenure

General Public Interest Rates p.a.

Senior Citizen Interest Rates p.a.

7 days - 14 days

3.10%

3.10%

15 days - 45 days

3.25%

3.25%

46 days - 90 days

3.50%

3.50%

91 days - 180 days

3.75%

3.75%

181 days - 1 year

4.25%

4.25%

More than 1 year - less than 2 years

7.00%

7.50%

2 years to less than 3 years

7.25%

7.75%

3 years to less than 4 years

7.00%

7.50%

4 years to 5 years

7.00%

7.50%

Note: The interest rates mentioned in the table above can vary according to the bank's discretion. These rates are effective from 1 November 2024.

FAQs on Goa Urban Co-operative Bank Fixed Deposit

  • What is the interest rate offered on The Goa Urban Cooperative Bank Ltd fixed deposits?

    The interest rates on the fixed deposits offered by The Goa Urban Cooperative Bank Ltd range from 3.10% p.a. to 7.25% p.a. for the general public.

  • What are the tenures offered on The Goa Urban Cooperative Bank Ltd fixed deposits?

    The tenures offered on The Goa Urban Cooperative Bank Ltd fixed deposits range from seven days to five years.

  • Can I withdraw my fixed deposit before maturity?

    Yes, you can withdraw your fixed deposit before maturity. However, you will be charged a penalty of 1% for such premature withdrawal.

  • Do senior citizens get an additional interest rate on The Goa Urban Cooperative Bank Ltd fixed deposits?

    Yes, senior citizens get an additional interest rate of 0.50% on tenures of more than 1 year.

  • Can I avail a loan against my fixed deposit?

    Yes, loans against fixed deposits can be availed at an interest rate that is 2% higher than the deposit interest rate.

  • Is a PAN card required to open a fixed deposit of less than Rs.50,000?

    No, a PAN card is required to open a fixed deposit of Rs.50,000 or above.

  • Is the interest on my fixed deposit taxable?

    If the amount of interest paid on a fixed deposit is more than Rs.10,000, tax (TDS) will be levied.

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