New India Co-Operative Bank FD Rates

New India Co-Operative Bank offers its customers a fixed deposit scheme with a minimum deposit amount of Rs.1,000. The tenure for this scheme ranges from 15 days to 10 years.  

The bank also offers auto-renewal facility and nomination facilities to its fixed deposit customers.

Updated On - 05 Sep 2025

New India Co-Operative Bank Features

The various features of New India Co-Operative Bank Fixed Deposit Schemes are mentioned below:

Account type

Single or jointly

Deposit

Minimum: Rs.1,000

Tenure

Minimum: 15 days

Maximum: 10 years

Nomination facility

Available

Auto-renewal facility

Available

Loan facility

Available

New India Co-Operative Bank Fixed Deposit Scheme Interest Rates

The interest rates for New India Co-Operative Bank Fixed Deposit Scheme for deposits below Rs.25 lakh are given below:

PERIOD 

Interest Rates for General Public (p.a.) 

Interest Rates for Senior Citizens (p.a.) 

 15 days to 45 days 

 4.00% 

 4.50% 

 46 days to 179 days 

 5.25% 

 5.75% 

 180 days to 210 days 

6.25% 

 6.75% 

 211 days to less than 1 year 

 6.50% 

 7.00% 

 1 year to less than 2 years 

 7.30% 

 7.80% 

 2 years to less than 3 years 

 7.50% 

 8.00% 

 3 years to less than 5 years 

 7.25% 

 7.75% 

 5 years to 10 years 

 7.00% 

 8.00% 

Deposit for 400 Days 

 7.60% 

 8.10% 

Note: These interest rates are applicable from 18 April 2024 and can be changed as per the Bank's rules and regulations. The scheme for 400 days is valid until 30 September 2024. 

New India Co-Operative Bank FD Rates for Bulk Deposit:

PERIOD 

Interest Rates for General Public (p.a.) 

Interest Rates for Senior Citizens (p.a.) 

 15 days to 45 days 

 5.50% 

 6.00% 

 46 days to 179 days 

 6.25% 

 6.75% 

 180 days to 210 days 

 7.00% 

 7.50% 

 211 days to less than 1 year 

 7.25% 

7.75% 

 1 year to less than 2 years 

 7.30% 

 7.80% 

 2 years to less than 3 years 

 7.25% 

 7.75% 

 3 years to less than 5 years 

 6.75% 

 7.25% 

 5 years to 10 years 

 6.50% 

 7.00% 

Deposit for 400 Days 

 7.60% 

 8.10% 

Note: These interest rates are applicable from 18 April 2024 and can be changed as per the Bank's rules and regulations. The scheme for 400 days is valid until 31 March 2025.

New India Co-Operative Bank FD Scheme Eligibility Criteria

The eligibility criteria for New India Co-Operative Bank Deposit Scheme are:

  1. Indian residents over the age of 18

Documents Required for New India Co-Operative Bank FD Scheme

The documents that are required to open an account under the New India Co-Operative Bank Fixed Deposit Scheme are:

  1. Photo identity proof
  2. Address proof

FAQs on New India Co-Operative Bank FD Rates

  • What is the maximum interest rate offered by New India Co-Operative Bank Fixed Deposit Scheme?

    The maximum interest rate offered by New India Co-Operative Bank Fixed Deposit Scheme is 7.60%.

  • Does New India Co-Operative Bank Fixed Deposit Scheme offer any special interest rates to senior citizens?

    No, New India Co-Operative Bank Fixed Deposit Scheme does not offer any special interest rates to senior citizens.

  • What is the minimum deposit amount required to open an account under the New India Co-Operative Bank Fixed Deposit Scheme?

    The minimum deposit amount required to open an account under the New India Co-Operative Bank Fixed Deposit Scheme is Rs.1,000.

  • What is the minimum tenure to open an account under the New India Co-Operative Bank Fixed Deposit Scheme?

    The minimum tenure to open an account under the New India Co-Operative Bank Fixed Deposit Scheme is 15 days.

  • Is loan facility available under the New India Co-Operative Bank Fixed Deposit Scheme?

    Yes, loan facility is available under the New India Co-Operative Bank Fixed Deposit Scheme.

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