Karad Urban Cooperative Bank FD Rates

1. You have the choice of withdrawing interest monthly or quarterly. 
2. Loans can be obtained against a deposit (depending on the scheme) 
3. Premature closing may be subject to a penalty (depending on the plan). 
4. The interest may be transferred by standing instruction. 
5. You can get simple interest depending upon the term. 

Interest rates on term deposits with terms ranging from six months to ten years are available from Karad Urban Cooperative Bank in the range of 4.25% to 7.50% annually. 

Karad Urban Cooperative Bank FD Rates  

Note: The interest rates are effective 10 March 2025.  

Karad Urban Cooperative Bank FD Rates for Senior Citizens  

Note: The interest rates are effective 10 March 2025.

Senior citizens receive an additional 0.60% in interest on term deposits. A 0.5% higher interest rate for active and retired employees. An additional interest rate of 1.10% for both senior citizens and retired employees. For term deposits of Rs. 15 lakhs and more, there is a 0.25 % extra interest (Senior citizens are not covered under this).  

Documents Required for Opening Karad Urban Cooperative Bank FD 

1. PAN card 
2. Documents for KYC  

1. Recent passport-size photographs 
2. Identity proof (PAN card, voter’s ID, driver’s license, and Aadhaar card)  
3. Deed of declaration of HUF 
4. Residential proof (Aadhaar card, PAN card, driving license, and voter’s ID) 

How to Open a Karad Urban Cooperative Bank FD Offline? 

You can open a fixed deposit account in Karad Urban Cooperative Bank by following the instructions given below:  

1. Step 1: To open an FD account, you must go to the nearest branch of Karad Urban Cooperative Bank. 

1. Step 2: Request the Fixed Deposit Account Opening Form and complete all the sections with the required information about the customer, such as name, permanent and corresponding address, mobile number, email address, PAN, nominee's name, and tenure. 

1. Step 3: You must include a check in the amount you want to deposit for FD. You also have the option to transfer that sum using net banking from another account.  

1. Step 4: After filling out the account opening form, you must attach the PAN, proof of address, and proof of identity documents required by KYC. 

1. Step 5: Account Opening Form and other enclosed documents will be verified by the banker. The banker will give you an acknowledgement slip for the FD Account Opening Form once your documents have been successfully verified.